Vancouver, Canada
Vancouver, Canada

Enwave Energy Corporation, a private corporation owned by Brookfield Asset Management and formerly jointly owned by the City of Toronto municipal government and the Ontario Municipal Employees Retirement System, is one of the largest district energy systems in North America. Enwave was formed after the restructuring of the Toronto District Heating Corporation.On October 2, 2012, Toronto City Council voted to sell its 43% stake in Enwave. This followed an announcement that real estate company Brookfield Asset Management would acquire the entire company through a partnership. Wikipedia.

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News Article | May 26, 2017
Site: www.marketwired.com

VANCOUVER, BC --(Marketwired - May 26, 2017) - EnWave Corporation (TSX VENTURE: ENW) ( : E4U) ("EnWave", or the "Company") today reported the Company's consolidated interim financial results for the second quarter ended March 31, 2017. The Company reported consolidated revenue of $4,183,000, and a consolidated net loss of $779,000 for the second quarter of fiscal year 2017. Non-cash items included in the consolidated net loss were $339,000 of stock based compensation expense and $220,000 of amortization expense related to intangible assets. Significant achievements in the second quarter to the date of this release include: EnWave's Radiant Energy Vacuum ("REV™") technology is well positioned to capture market share in both the food and pharmaceutical drying industries. The intrinsic value of using REV™ technology as an alternative to conventional options has been proven in several market verticals on a global basis. EnWave anticipates continued commercial success and growth in the worldwide deployment of REV™ technology. EnWave's annual and interim consolidated financial statements and MD&As are available on SEDAR at www.sedar.com and on the Company's website www.enwave.net/financials. 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 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 twenty royalty-bearing licenses to date, opening up eight 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® brand. 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: 1. nutraREV® which is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour; 2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and 3. quantaREV® which is used for continuous, high-volume low-temperature drying. An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.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. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


VANCOUVER, BC--(Marketwired - June 13, 2017) - EnWave Corporation (TSX VENTURE: ENW) ( : E4U) ("EnWave" or "the Company") today announced that the Company has signed a Technology Evaluation and License Option Agreement (the "Agreement") with a leading Australian spice company (the "Research Partner"). The Agreement enables the Research Partner to use Radiant Energy Vacuum ("REV™") dehydration technology to develop innovative new product applications, as well as improve on their current product offerings. The REV™ machinery will be installed at their facilities in Australia for a term of up to nine months. All other terms of the Agreement are confidential. The use of EnWave's patented REV™ dehydration technology provides distinct advantages in the processing of high-value spices and herbs. REV™ has been shown to significantly improve the retention of natural flavors, pigments and nutrient retention in spice and herb processing, which are key advantages and product differentiation in this competitive market vertical. EnWave has contributed to many scientific publications, obtained patents and successfully developed food products in the herb and spice category that demonstrate the technological advantages of REV™ drying. 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 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 twenty royalty-bearing licenses to date, opening up eight 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® brand. 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: 1. nutraREV® which is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour; 2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and 3. quantaREV® which is used for continuous, high-volume low-temperature drying. An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.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. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


VANCOUVER, BC--(Marketwired - May 09, 2017) - EnWave Corporation (TSX VENTURE: ENW) ( : E4U) ("EnWave", or the "Company") announces today that it has signed a Technology Evaluation and License Option Agreement (the "TELOA") with a major Australasian dairy processor (the "Research Partner") to explore the potential for dried dairy applications processed by the Company's patented Radiant Energy Vacuum ("REV™") dehydration technology. The Research Partner will have the exclusive option to license the use of REV™ technology for the production of dairy products within an agreed Australasian territory for a period of six months. EnWave has entered into TELOA agreements with several leading dairy processors in the United States, Canada, Mexico, Australia and Europe. Thus far, the Company has signed nine commercial royalty-bearing licenses with dairy processing companies located in Canada, the United States, Portugal, Spain, Turkey, Greece, Costa Rica, Australia and Chile. 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 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 twenty royalty-bearing licenses to date, opening up eight 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® brand. 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: 1. nutraREV® which is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour; 2. powderREV® which is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point, and 3. quantaREV® which is used for continuous, high-volume low-temperature drying. An additional platform, freezeREV®, is being developed as a new method to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.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. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Patent
EnWave | Date: 2014-06-11

An apparatus and method for microwave vacuum-drying of organic materials such as food products. The dehydration apparatus (10) has a vacuum chamber (12) with a loading module (14) at one end and a discharge module (22) at the other. The vacuum chamber has access doors (80) spaced between the input end (16) and the discharge end (24) which provide operator and maintenance access. Microwave generators (86) are mounted on each access door and arranged to radiate through a microwave chamber and microwave-transparent window on the access door into the vacuum chamber. The waveguides on a respective access door are oriented to minimize microwave interference between the magnetrons on that door. A conveyor (60) in the vacuum chamber moves the organic material (96) on trays (18) through the vacuum chamber.


Patent
EnWave | Date: 2012-07-12

An apparatus (20) for dehydrating organic material in batches has a processing unit (22) having a microwave-vacuum chamber (34), an input module (28) and an output module (30), with a conveyor (54) for moving the material through the chamber on a microwave-transparent window. A material reservoir (68) is arranged to receive the material exiting the output module. A conveyor (78) external to the vacuum chamber conveys material that exits the reservoir to the input module. The vacuum chamber (34), reservoir (68) and external conveyor (78) are in fluid communication to operate at a common, reduced pressure. The organic material passes through the vacuum chamber multiple times to equilibrate and dry to the desired degree.


Patent
EnWave | Date: 2016-03-31

An apparatus 20 for microwave vacuum-drying organic materials such as foods and bioactives has a plurality of microwave generators 50 actuated so as to cause interference between their respective microwave streams and evenly distribute the microwave energy across the vacuum chamber 34. The microwave-transparent window 36 in the chamber is arranged so the organic material to be dried is moved across it on a conveyor belt 60 and the microwave energy passing into the chamber 34 immediately encounters the organic materials, thus attenuating the energy and reducing arcing.


Patent
EnWave | Date: 2012-12-07

An apparatus and method for microwave vacuum-drying of organic materials such as food products. The dehydration apparatus (20) has a vacuum chamber (24) with an input module (28) at one end and a discharge module (32) at the other. The vacuum chamber has access doors (80) spaced between the input end (30) and the discharge end (34) which provide operator and maintenance access. Microwave generators (86) are mounted on each access door and arranged to radiate through a microwave chamber and microwave-transparent window on the access door into the vacuum chamber. A pair of rollers (60) in the vacuum chamber rotates the container of organic material (112) about a horizontal axis, and a chain drive (64) pulls the containers along the rollers through the vacuum chamber.


An apparatus and method for microwave vacuum-drying of temperature-sensitive biological materials on a continuous flow-through basis, in which the materials are frozen, ground to frozen particles, dehydrated to a powder, and the powder collected. The apparatus has a microwave generator and waveguide, a freezing chamber with a grinder, a rotatable dehydration chamber in or adjacent to the waveguide, and a powder collector to receive the powdered biological material. The apparatus operates under reduced pressure provided by a vacuum system coupled to the powder collector.


Patent
EnWave | Date: 2012-11-28

An apparatus (20) for microwave vacuum-drying organic materials such as foods and bioactives has a plurality of microwave generators (50) actuated so as to cause interference between their respective microwave streams and evenly distribute the microwave energy across the vacuum chamber (34). The microwave-transparent window (36) in the chamber is arranged so the organic material to be dried is moved across it on a conveyor belt (60) and the microwave energy passing into the chamber (34) immediately encounters the organic materials, thus attenuating the energy and reducing arcing.


An apparatus and method for microwave vacuum-drying of organic materials, such as food products. The apparatus has a microwave vacuum chamber 20, a loading module 36 to load containers 38 of the organic material into the vacuum chamber, a rotatable cylindrical cage 64 in the vacuum chamber for rotating the containers, a piston 114 for moving the rotating containers through the vacuum chamber, and means for unloading the containers of dehydrated material from the vacuum chamber. The apparatus may include an equilibration chamber 150 for cooling the dehydrated material under reduced pressure, and a transfer module 42 to transfer the containers from the vacuum chamber to the equilibration chamber. The apparatus has a microwave transparent window 54 for transmission of radiation into the vacuum chamber, and a gas jet 58, 60, 62 for blowing a stream of gas, such as air or nitrogen, into the vacuum chamber adjacent to the window.

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