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.

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Enwave Corp

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Post by 4uon Jul 26, 2010 5:31pm

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Post# 17298007

This will be big!

EnWave Signs Research and Development Agreement With Nestle

VANCOUVER, BRITISH COLUMBIA, Jul 26, 2010 (MARKETWIRE via COMTEX News Network) --

EnWave Corporation (TSX VENTURE: ENW)(FRANKFURT: E4U) ("EnWave" or "the Company") today announced that the Company has signed a Research and Development Agreement ("the Agreement") with Nestec Ltd., a subsidiary of Nestle S.A. of Vevey, Switzerland. The Agreement involves EnWave's nutraREV(TM) food dehydration technology.

Terms of the agreement are confidential.

"I am extremely pleased to be working with the world's largest food and beverage company," stated Dr. Tim Durance, Chairman & Co-CEO of EnWave. "Nestle is well known as a leader in innovation, early technology adoption, and open innovation."

EnWave's nutraREV(TM) technology offers continuous high-speed drying in a low temperature vacuum environment.

About Nestle S.A.

With sales of CHF 108 billion in 2009, Nestle is the world's leading nutrition, health and wellness company. Founded in 1866 in Switzerland, the company now employs more than 280,000 people and has factories in 83 countries.

EnWave Corporation

Dr. Tim Durance, Chairman & Co-CEO

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