Mr. Brent Charleton reports

ENWAVE SIGNS ROYALTY-BEARING COMMERCIAL LICENSE WITH SHINYWAY INTERNATIONAL LIMITED OF NEW ZEALAND

EnWave Corp. has signed a royalty-bearing commercial licence agreement with Shinyway International Ltd., a service provider of cannabis processing, based in Christchurch, New Zealand.

Under the commercial licence terms, Shinyway has been licensed to use EnWave's patented radiant energy vacuum technology to produce cannabis products in New Zealand. Shinyway will pay a royalty commensurate with certain other existing licences granted by EnWave, and the company intends to continue working closely with Shinyway to ensure optimal product development success.

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 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 partners spanning 24 countries and five continents, EnWave has worked with licensed partners for 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 which want to dry better, faster and more economically 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.

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