Mr. Brent Charleton reports

ENWAVE SIGNS RESEARCH AND DEVELOPMENT LICENSE AGREEMENT WITH MAJOR AUSTRALIAN UNIVERSITY

EnWave Corp. has signed a research and development licence agreement with a major university in Australia. The university has also committed to purchasing a 10 kW (kilowatt) radiant energy vacuum (REV) dehydration machine to be used at its Brisbane campus.

Under the agreement, the university will use the REV machinery for research and development purposes, to propagate REV technology with key stakeholders in the food processing industry throughout Australia to help develop innovative, premium food applications. The installation of a 10 kW REV machine at the university's Brisbane campus will increase accessibility to EnWave's technology in Australia by establishing a second domestic location for product trials and demonstrations.

EnWave's Australian technology distribution partner, Scitek, currently operates a 10 kW REV machine in Sydney at its innovation centre. To date, EnWave has granted six separate commercial licences to both food and cannabis manufacturers in Australia for the use of REV technology.

About EnWave Corp.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, 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 50 royalty-generating partners spanning 26 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 producers that want to dry better, faster and more economically than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, colour and nutritional value.

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