Enwave Corp V.ENW

Alternate Symbol(s): NWVCF

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EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.

TSXV:ENW - Post by User

Enwave Corp

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Post by 4uon Mar 22, 2010 9:01am

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Post# 16908590

New Patent for Radiant Energy Vacuum Dehydration

March 22, 2010 - EnWave Granted New Patent for Radiant Energy Vacuum Dehydration Technology

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave” or “the Company") today announced that the Canadian Patent Office has granted the University of British Columbia (“UBC” or “the University”) a technology and process patent for the use of Radiant Energy Vacuum (“REV”) dehydration technology in the production of dried biological materials. The patent covers vacuum microwave dehydration of a wide range of materials in either solid, liquid or frozen state including enzymes, drugs, vitamins, antimicrobial agents and preservatives, and is intended to protect intellectual property developed at the UBC laboratory of Dr. Tim Durance, EnWave’s Chairman and Co-CEO. UBC has licensed this patent exclusively to EnWave under its ongoing collaboration agreement with the Company.

“This is a general, broad-based patent which serves to substantially bolster EnWave’s growing patent portfolio over the use of vacuum microwave dehydration technology globally,” said Dr. Tim Durance. “As a technology company, we put significant and continuous effort into protecting our intellectual property. A strong patent portfolio provides EnWave with a competitive advantage, and places the Company in a stronger position when negotiating with global food, ingredient and pharmaceutical producers looking to replace freeze drying with our faster and cheaper technology.”

EnWave holds an expanding intellectual property portfolio designed to protect the technology and knowledge base of the Company. In addition to the Company’s own patent filings on other REV dehydration processes and equipment, EnWave holds an exclusive world-wide license from the University for a number of food and biopharmaceutical dehydration patents. The Company expects the new patent to pave the way for expedited protection over the coming year in the United States, the European Union, China, Hong Kong, Australia and India where it was simultaneously filed in July 2005.

EnWave Corporation

Tim Durance, PhD

Chairman and Co-CEO

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