Mr. Brent Charleton reports

ENWAVE TO REPORT SECOND QUARTER FINANCIAL RESULTS ON MAY 25, 2023 AND HOST INVESTOR CONFERENCE CALL

EnWave Corp. will release its financial results for the second quarter ended March 31, 2023, on Thursday, May 25, 2023, after market close. The financial statements and management's discussion and analysis will be available on SEDAR and on the company's website in the late evening Vancouver time.

The company has scheduled a conference call to discuss the results for Q2 2023 and its business outlook on Friday, May 26, 2023, at 7 a.m. Pacific Time (10 a.m. Eastern Time). Brent Charleton, chief executive officer, and Dylan Murray, chief financial officer, will present EnWave's results and host a question-and-answer period.

Conference call details

Date:  May 26, 2023

Time:  7 a.m. PST/10 a.m. EST

Participant access:  1-877-407-2988 (toll-free number)

A webcast will be available.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Vancouver, B.C., EnWave has developed a robust intellectual property portfolio, perfected its radiant energy vacuum (REV) technology, and transformed an innovative idea into a proven, consistent and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality and cost.

With more than 45 royalty-generating partners spanning over 25 countries and five continents, EnWave's licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner, and getting to market faster with the company's patented technology, licensed machinery and expert guidance.

EnWave's strategy is to sign royalty-bearing commercial licences with food and cannabis producers which want to dry better, faster and more economically than freeze drying, rack drying and air drying, and enjoy the following benefits:

• Food and ingredients companies can produce exciting new products, reach optimal moisture levels up to seven times faster, and improve product taste, texture, colour and nutritional value.
• Cannabis producers can dry four to six times faster, retain 20-per-cent-more terpenes and 25-per-cent-more cannabinoids, and achieve at least a three-log reduction in crop-destroying microbes.

We seek Safe Harbor.