Mr. Brent Charleton reports

ENWAVE ANNOUNCES ISSUANCE OF COMPANY-WIDE STOCK OPTIONS AND RSRS

EnWave Corp. has granted employees and officers of the organization an aggregate of 3.11 million incentive stock options. The grant of options is subject to the terms of the company's stock option plan, exercisable at a price of 23 cents per share. The options are exercisable for a term of five years and will vest in one-third increments over 18 months, in accordance with the provisions set out in the plan, or as otherwise required by the TSX Venture Exchange. The grant of the options is subject to approval by the TSX-V.

Additionally, 65,000 restricted share rights were awarded to the independent directors of the company. The RSRs granted will vest three years from the date of the award. Equity incentive awards form part of the company's annual independent director compensation program.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, B.C., EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV) technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality and cost.

With more than 50 royalty-generating partners spanning 23 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner, and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improving product taste, texture, colour and nutritional value.

We seek Safe Harbor.