EnWave Signs Commercial Royalty-Bearing License with Howe Howe Foods Pty Ltd ("HFG"), a diversified, family-owned business and the second largest producer of bananas in Australia. The License grants HFG the exclusive right to use the Company's proprietary Radiant Energy Vacuum ("REV™") dehydration technology to produce dried banana products in Australia and the non-exclusive right to produce dried blueberry products in Australia.HFG has also submitted a purchase order for EnWave to deliver a small-scale commercial REV™ machine to initiate commercial production and continue product development. Pursuant to the License, HFG is required to submit additional purchase orders for REV™ machinery with minimum total capacity of 240kW within twelve months of the installation of its first REV™ machine to retain its exclusive rights.