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EnWave Corp
Symbol ENW
Shares Issued 100,843,809
Close 2018-06-26 C$ 1.19
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EnWave's NutraDried acquires two REV machines

2018-06-26 09:52 ET - News Release

Dr. Tim Durance reports

ENWAVE SIGNS EQUIPMENT PURCHASE AGREEMENT WITH NUTRADRIED FOOD COMPANY LLC FOR SECOND 100KW RADIANT ENERGY VACUUM MACHINE; 10KW MACHINE ALSO SOLD TO EXPEDITE PRODUCT DEVELOPMENT AND IMPROVE PRODUCTION CAPACITY

EnWave Corp.'s wholly owned subsidiary, NutraDried Food Company LLC, is expanding its production capacity to facilitate the continued sales growth of Moon Cheese based on projected demand.

NutraDried will acquire a second 100-kilowatt REV (radiant energy vacuum) machine and also a 10-kilowatt REV machine to improve production capacity and expedite new product development. In particular, NutraDried's club-format Moon Cheese sales has undergone tremendous growth across several geographic regions in North America, and this has prompted the expansion to add the second 100-kilowatt REV manufacturing line.

The 10-kilowatt REV machine will provide increased capacity for product development and will enable NutraDried to create new, innovative flavours and develop additional product lines. Innovation will remain a driving force in NutraDried's business activities.

The purchase of the second 100-kilowatt REV line will be by way of a signed equipment purchase agreement with EnWave.

Moon Cheese is currently available in four flavours (mozzarella, pepper jack, cheddar and gouda) throughout over 25,000 points of distribution across the United States and Canada.

About NutraDried Food Company LLC

NutraDried, based in Ferndale, Wash., is a wholly owned subsidiary of EnWave that is leveraging REV technology to produce innovative snack food products. NutraDried was the first partner of the company to take REV dried snack cheese to market at commercial scale.

About EnWave Corp.

EnWave, a Vancouver-based advanced technology company, has developed radiant energy vacuum, an innovative, proprietary method for the precise dehydration of organic materials. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV technology, shortening the time from harvest to marketable cannabis products.

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