EnWave Enhances Global Installation Capabilities and Completes Successful Remote Commissioning of 10kW Machine with Icelandic Partner

VANCOUVER, British Columbia, May 27, 2020 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company"), announced today that it has successfully completed its first remote installation and start-up of a 10kW Radiant Energy Vacuum  (“REV”) dehydration machine.  In response to the global COVID-19 pandemic, and restrictions placed on international travel, the Company quickly developed procedures and digital training assets to assist its licensed partners with remotely supervised installation and commissioning of 10kW REV machines.

Earlier this month, the Company’s licensed partner Responsible Foods of Iceland, skillfully collaborated with the EnWave’s engineering department to commission its 10kW REV machine, EnWave’s first successful remote commissioning. This is a critical capability to support the commercial efforts of EnWave’s current and future partners, and will allow the Company to continue the global deployment of its proprietary REV technology without putting the health and safety of technical staff at risk.

EnWave’s remote installation program includes a series of detailed installation videos, live video partner training sessions and ongoing support from the Company’s technical staff and REV experts. EnWave is optimistic that the successful commissioning of Responsible Foods’ machine can be replicated with other partners wishing to expedite product development and commercial efforts during the COVID-19 pandemic.

The remote installation program also allows EnWave to develop new business while the ability to travel internationally remains restricted. Companies that sign Technology Evaluation and License Option Agreements (“TELOA”) or Commercial License Agreements (“CLA”) are now able to move forward with the installation of machinery and can continue to integrate REV technology into their production facilities.

Many companies in the food sector are looking to secure new revenue streams or to pivot from fresh food to shelf-stable alternatives. REV technology provides these companies with an option for prolonged shelf-life of their products by converting them into high-quality dried snacks and ingredients. Food waste has been a prominent issue facing the food industry during this pandemic. EnWave is well positioned to help companies realize commercially viable product alternatives to complement their fresh offerings. EnWave has a long-standing history of providing product development and process optimization services remotely to its international partners. The Company is committed to ensuring the safety of its employees and its partners while providing exemplary service and support.