Mr. John Budreski reports
ENWAVE RECEIVES 100KW NUTRAREV MACHINE PURCHASE ORDER FROM GAY LEA FOODS CO-OPERATIVE LTD FOR CHEESE SNACK PRODUCTION
EnWave Corp. has received a purchase order and a deposit for a 100-kilowatt nutraREV machine from Gay Lea Foods Co-operative Ltd. Gay Lea Foods, a royalty partner of the company, has been operating a 10-kilowatt nutraREV machine for commercial cheese snack production since early 2015. This purchase order signifies Gay Lea Food's commitment to increasing its product diversification as well as offering consumers more options in the healthy snack industry in Canada and other markets.
By purchasing the machine, Gay Lea Foods has secured the exclusive right to produce cheese snack products using Radiant Energy Vacuum dehydration technology in Canada. Gay Lea Foods is one of six geographically diverse royalty partners that have licensed REV technology for the production of cheese snack products. Thus far, EnWave has granted exclusive licences for cheese snack production in Canada, the United States, Central America, Chile, Portugal and Spain. Each royalty partner has agreed to pay a royalty to the company on the wholesale value of the cheese snack products produced.
This is the fifth large commercial scale REV machine to be sold to a royalty partner by EnWave. The company plans to vigorously continue its pursuit of securing further royalty partners and selling additional REV machinery.
About Gay Lea Foods Co-operative
Gay Lea Foods is 100-per-cent Canadian owned and operated, with 1,200 dairy farmer owners who produce 35 per cent of Ontario's milk and more than 3,800 members, making it the largest dairy co-operative in Ontario. Gay Lea Foods is driven by innovation and growing the market for Canadian milk. Gay Lea Foods manufactures a range of wholesome dairy products including milk, dips, butter, yogurt, sour cream, whipped cream, cheese, cottage cheese and dairy ingredients. In 2008, Gay Lea Foods added the award-winning artisan cheese brand, Ivanhoe Cheese, to its cheese division and has now introduced the new, innovative snack made with 100-per-cent Canadian cheese, Nothing But Cheese.
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