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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

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

Bullboard Posts
Post by kidl2on Feb 12, 2020 9:13am
169 Views
Post# 30679677

Smart addition to the BOD

Smart addition to the BODEnWave Announces Appointment of Mr. Patrick Turpin to its Board of Directors
VANCOUVER, British Columbia, Feb. 12, 2020 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today the appointment of Mr. Patrick Turpin to the Company’s Board of Directors. Patrick was a co-founder of Popchips, Inc (“Popchips”) and is a seasoned veteran of the consumer packaged goods industry. His addition will broaden and strengthen the skillset of the EnWave team to include a wealth of experience and leadership in the better-for-you segment of the snacking vertical.

Patrick Turpin is an accomplished senior executive who has successfully concepted and launched several revenue-generating retail channel businesses and brands. He has close to 30 years of experience leading consumer packaged goods organizations across multiple areas of the value chain. In addition to co-founding Popchips, he was also a senior executive at Costco Wholesale where he led multiple strategic initiatives, including launching Costco’s gas station business and Costco’s Executive Membership division. Patrick also managed Costco’s vertically integrated, private label snack and confection packaging business.

With the addition of Patrick Turpin, EnWave’s Board now consists of five independent directors and two non-independent directors. The two non-independent directors are John Budreski, Executive Chairman, and Brent Charleton, Chief Executive Officer.  EnWave welcomes Patrick to the Board and the experience he brings is anticipated to add tremendous value to the Company’s strategic initiatives, including the rapid expansion of its better-for-you Moon Cheese® snack brand.

Bullboard Posts