EnWave Corporation (TSX VENTURE:ENW)(FRANKFURT:E4U) ("EnWave" or "the Company")
announced today that the Company has received a favorable review from the Patent
Cooperation Treaty ("PCT") Examiner for its Radiant Energy Vacuum ("REV") patent
application that protects the technological fundamentals used in both the
quantaREV(TM) and continuous powderREV(TM) designs. More specifically, this
patent application, if successfully accepted in the regional filing
jurisdictions, will help protect EnWave's engineering design modifications that
allow for a highly scalable and controllable dehydration method with the
ultimate target of tonnage throughput per hour. EnWave will now continue the
process by filing this patent in major market and population jurisdictions
around the world to ensure maximum protection over the innovation. 


"Protecting our technology is of paramount importance as our business model is
focused on leveraging our valuable intellectual property," stated Dr. Tim
Durance, Chairman and Co-CEO, EnWave Corporation. "This positive result provides
additional validation to the novel and inventive elements of quantaREV(TM) for
large-scale food drying and powderREV(TM) for continuous accelerated
freeze-drying of pharmaceuticals and other high value products."


EnWave's business model allows collaborators to obtain exclusive testing rights
and royalty-bearing licenses for specific products using the Company's
proprietary REV dehydration technologies. Patents and knowhow are the basis on
which the Company is able to grant exclusivity of use to many of its
multinational partners who through research and collaboration agreements are
evaluating opportunities for commercial use of the technology.


EnWave holds an expanding intellectual property portfolio designed to protect
its technology and knowledge base. The Company's patented technology combines
microwave energy with vacuum pressure to control the temperature at which
liquids boil and subsequently evaporate. This form of liquid evaporation is a
major advancement in the dehydration of food and biological materials. REV
technology is currently being developed to replace freeze drying and compete
directly with spray and air drying.


About EnWave 

EnWave Corporation is a Vancouver-based industrial technology company developing
commercial applications for its proprietary Radiant Energy Vacuum (REV)
dehydration technology. The company has recently licensed REV technology to
Milne Fruit Products Inc, its first major U.S. customer, to support a launch of
healthy berry snacks and powders across most major markets in North America. In
addition, EnWave has entered a wide range of research and collaboration
agreements with an expanding list of multinational partners, including Nestle,
Kellogg's, Grupo Bimbo, Grimmway Farms, Ocean Spray Cranberries, Hormel,
Bonduelle and Merck. EnWave is introducing REV as a new dehydration standard in
the food and biological material sectors: potentially faster and cheaper than
freeze drying, with better end product quality than air drying or spray drying.


EnWave currently has six REV platforms: commercial-scale nutraREV(TM) and
MIVAP(TM) are used in the food industry to dry fruits, vegetables, meat, herbs
and seafood quickly and at low-cost, while maintaining high levels of nutrition,
taste, texture and colour. The Company is also developing powderREV(TM) for bulk
dehydration of food cultures, probiotics and fine biochemicals such as enzymes;
quantaREV(TM) for continuous, high-volume low-temperature drying of pastes,
gels, liquids, or particulates; and bioREV(TM) and freezeREV(TM) as new methods
to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies.
More information about EnWave is available at www.enwave.net.


EnWave Corporation 

Dr. Tim Durance, Chairman & Co-CEO

Safe Harbour for Forward-Looking Information Statements: This press release may
contain forward-looking information based on management's expectations,
estimates and projections. All statements that address expectations or
projections about the future, including statements about the Company's strategy
for growth, product development, market position, expected expenditures and
financial results are forward-looking statements. These statements are not a
guarantee of future performance and involve a number of risks, uncertainties and
assumptions. There is no guarantee that the Company's REV technology can or will
improve processes in the target industry; even if the Company's REV technology
can be used as described in this document, there is no guarantee that such use
will result in orders for the Company's REV technology. All figures comparing
REV technologies to freeze drying or other dehydration technologies are provided
as examples of data obtained through the Company's own scientific and testing
programs; each product must be tested individually to determine the benefits of
using REV.


(TSXV:PCT)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more  Charts.
(TSXV:PCT)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more  Charts.