EnWave Signs Royalty-Bearing License with Arla Foods, Receives Equipment Purchase Order

ID: 1538393
recent pressrelease next pressrelease

(PresseBox) - EnWave Corporation (TSX-V:ENW | FSE:E4U) (?EnWave?, or the "Company") announced today that it has signed a commercial royalty-bearing license (the ?License?) with Arla Foods (?Arla?), the world?s largest manufacturer of organic dairy products and an innovation leader.

Pursuant to the License, Arla submitted a purchase order to obtain a small commercial-scale Radiant Energy Vacuum (?REV??) machine to initiate production in 2018, with plans to quickly scale if its products are commercially successful. Additionally, Arla is committed to new product development using REV? technology.

The License grants Arla the exclusive right to use REV? technology to process dairy products in Denmark, Sweden, Finland and Norway.

About Arla Foods

Arla Foods is an international dairy company owned by 11,200 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxemburg and the Netherlands. Arla Foods is one of the strongest players in the international dairy arena, with a wide range of dairy products of highest quality. Well-known brands like ArlaArla Foods is also the world''s largest manufacturer of organic dairy products.www.arla.com.

About EnWave

EnWave Corporation, a Vancouver-based advanced technology company, has developed Radiant Energy Vacuum (?REV??) ? an innovative, proprietary method for the precise dehydration of organic materials. REV? technology?s commercial viability has been demonstrated and is growing rapidly across several market verticals in the food, cannabis, and pharmaceutical sectors. EnWave?s strategy is to sign royalty-bearing commercial licenses with industry leaders in multiple verticals for the use of REV? technology.

The company has signed over twenty royalty-bearing licenses to date, opening up nine distinct market sectors for commercialization of new and innovative products. In addition to these licenses, EnWave has formed a Limited Liability Partnership, NutraDried LLP, to develop, manufacture, market and sell all-natural cheese snack products in the United States under the Moon Cheese



EnWave has introduced REV? as the new dehydration standard in the food and biological material sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying.

EnWave currently has three commercial REV? platforms:

nutraREV

powderREV

quantaREV

An additional platform, freezeREVwww.enwave.net.

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 the expected synergies following the closing are forward-looking statements. All third party claims referred to in this release are not guaranteed to be accurate. All third party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.



More information:
http://bit.ly/2NEm0yu http://www.motivationessay.net http://www.complexion.com.au https:// http://www.cchrflorida.org/ http://www.mbastatementofpurpose.com https:// https://www.paraphrasingonline.com https:// http://www.llmpersonalstatement.com https:// h



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: PresseBox
print pressrelease  send to a friend  

Date: 07/10/2018 - 02:07
Language: English
News-ID 1538393
Character count: 3105
Kontakt-Informationen:
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Vancouver, B.C.
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 172

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 9 432
Register today: 0
Register yesterday: 2
Members online: 0
Guests online: 111


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.