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EnWave Signs Technology Evaluation and License Option Agreement with Leading Turkish Dairy Company and Announces Equity Incentive Grant

Vancouver, BC, April 6, 2021 (T-Net) EnWave Corporation (TSX-V:ENW | FSE:E4U) announced today that it has signed a technology evaluation and license option agreement with Sütas süt ÜrünleriI A.S., a leading Turkish dairy company. Sütas will evaluate EnWave s proprietary Radiant Energy Vacuum ( REV™ ) dehydration technology for the dehydration of premium dairy snacks and ingredients. EnWave will install a 10kW REV™ machine at a site of Sütas choosing in Turkey for a period of up to six months for research and development purposes. The TELOA grants Sütas the option to enter into a royalty-bearing commercial license to produce REV™-dried commercial dairy products for both domestic and international sales. REV™ technology is currently being used commercially by more than a dozen dairy companies internationally.

EnWave Signs Technology Evaluation and License Option Agreement with Leading Turkish Dairy Company and Announces Equity Incentive Grant

Home » Internet » EnWave Signs Technology Evaluation and License Option Agreement with Leading Turkish Dairy Company and Announces Equity Incentive Grant EnWave Signs Technology Evaluation and License Option Agreement with Leading Turkish Dairy Company and Announces Equity Incentive Grant Posted by PublisherInternet Monday, 1. March 2021 EnWave Corporation (TSX-V:ENW | FSE:E4U) (?EnWave?, or the ?Company? – https://www.commodity-tv.com/ondemand/companies/profil/enwave-corp/)?announced today that it has signed a technology evaluation and license option agreement (the ?TELOA?) with Süta? süt ÜrünleriI A.?. (?Süta??), a leading Turkish dairy company. Süta? will evaluate EnWave?s proprietary Radiant Energy Vacuum (?REV??) dehydration technology for the dehydration of premium dairy snacks and ingredients.

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