Dr. Tim Durance reports
ENWAVE SIGNS TECHNOLOGY EVALUATION AND LICENCE OPTION AGREEMENT WITH FRESH BUSINESS CONSULTING S.L.
EnWave Corp. has signed a technology evaluation and licence option agreement with Fresh Business Consulting SL. Fresh Business Consulting is a part of a diversified investment and consulting firm headquartered in Spain that has business interests in its home country, the United Kingdom, and Peru. The technology evaluation and licence option agreement grants Fresh Business Consulting a six-month term to evaluate EnWave's radiant energy vacuum technology for the production of several undisclosed food products in the country of Peru.
Fresh Business Consulting has a proven history of forging successful joint partnerships, and plans to target several established Peruvian agricultural companies and food manufacturers to collaborate on product-specific projects through its Peruvian business, Fresh Business Peru. Prior to signing the technology evaluation and licence option agreement, Fresh Business Consulting has been actively developing its business in Peru since 2015. Fresh Business Consulting and the wider group's 2017 total revenue was more than 27 million euros.
Fresh Business Consulting will rent a small-scale radiant energy vacuum machine for intensive new product development, which will be installed in Lima, Peru, within the next few months.
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 radiant energy vacuum technology, shortening the time from harvest to marketable cannabis products.
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