EnWave Announces Successful Machine Installation at Napa Mountain Spice Company
04 Febbraio 2014 - 3:30PM
Marketwired
EnWave Announces Successful Machine Installation at Napa Mountain
Spice Company
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 4, 2014) -
EnWave Corporation (TSX-VENTURE:ENW)(FRANKFURT:E4U) ("EnWave", or
the "Company") announced today that the Company has successfully
installed a nutraREV® machine for Napa Mountain Spice
Company™ ("Napa Mountain™"), a specialty spice company focused on
the production of organic bay leaves in Northern California. Napa
Mountain™ has begun using the nutraREV® unit for the
processing of their dehydrated spice products. A seasoned spice
manufacturer with over thirty years of operational experience, Napa
Mountain™ is known for producing superior-quality products that
demand premium market value.
The key product enhancements created by the use of Radiant
Energy Vacuum ("REV™") technology include an enhanced flavor
profile, brighter natural color and the increased preservation of
nutritional properties. Napa Mountain is also using REV™ technology
to achieve the highest food safety industry-standards.
Pursuant to the Commercial License signed in September 2013 by
both companies, Napa Mountain will pay EnWave a royalty on the
wholesale revenue derived from the sale of any products dried using
the Company's REV™ technology. All other terms of the existing
Commercial License are confidential.
"This successful machine installation and start-up at Napa
Mountain™ is the first of many machine installations that EnWave
hopes to complete in 2014," stated Dr. Tim Durance, Chairman and
Co-CEO of EnWave.
"EnWave's REV™ technology has improved our efficiency, tracking
ability and processing protocols; offering even more benefits than
originally anticipated," stated Mr. Paul Attard, CEO of Napa
Mountain™. "Napa Mountain hopes to increase its market share by
offering the highest-quality bay leaf products available anywhere
in the world with cycle times reduced from one day to less than one
hour."
About Napa Mountain
Since 1978 and now in its third family generation, the Napa
Mountain family has been producing the finest organic California
bay leaves. Napa Mountain grows their spices on over 2,000 acres
outside of San Francisco in Northern California. As members of the
American Spice Trade Association (ASTA) they are committed to best
practices of harvest and production combined with personal artisan
care. All of their products are created from organic and
sustainable agricultural practices. Napa Mountain has existing
business relationships with major consumer spice companies. The
company is committed to best practices in the application of
technology and protocols for leadership in food safety and product
quality. For more information on Napa Mountain, please visit
www.napamountain.com.
About EnWave
EnWave Corporation is a Vancouver-based industrial technology
company developing commercial applications for its proprietary
Radiant Energy Vacuum (REV™) dehydration technology. EnWave aims to
sign royalty-bearing commercial licenses with leading food and
pharmaceutical companies for the use of its revolutionary
technology. Thus far the Company has signed commercial licenses
with Bonduelle, a global leader in the production of vegetables,
for the processing of dehydrofrozen vegetables; Hormel Foods
Corporation, a major processed meat manufacturer, for the
production of healthy dried meat products; Milne Fruit Product,
EnWave's first major licensee, for the production of several
dehydrated fruit and vegetable products in the whole, fragmented
and powdered form; a leading North American enzyme company, to
dehydrate a series of food-related enzymes for their Tier 1
clients; and Napa Mountain Spice Company, to dry high-quality
California bay leaves. In addition to these licenses, EnWave has
formed a Limited Liability Partnership with Lucid Capital
Management to develop, manufacture, market and sell all-natural
cheese snack products in the United States under the Moon Cheese®
brand.
Also, EnWave has entered into a wide range of research and
collaboration agreements with an expanding list of multinational
companies, including Nestlé, Kellogg's, Grupo Bimbo, Grimmway
Farms, Ocean Spray Cranberries, Cherry Central, Sun-Maid Growers,
Gay Lea Foods, R.J. Reynolds and Merck. EnWave is introducing REV™
as a new dehydration standard in the food and biological material
sectors: potentially faster and cheaper than freeze drying, with
better end product quality than air drying or spray drying.
EnWave currently has six REV™ platforms: commercial-scale
nutraREV® and MIVAP® are used in the food industry to dry
fruits, vegetables, meat, herbs and seafood quickly and at
low-cost, while maintaining high levels of nutrition, taste,
texture and colour. The Company is also developing
powderREV™ for bulk dehydration of food cultures,
probiotics and fine biochemicals such as enzymes;
quantaREV™ for continuous, high-volume low-temperature
drying of pastes, gels, liquids, or particulates; and
bioREV™ and freezeREV™ as new methods to
stabilize and dehydrate biopharmaceuticals such as vaccines and
antibodies. More information about EnWave is available at
www.enwave.net.
EnWave Corporation
Dr. Tim Durance, Chairman & Co-CEO
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 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.
EnWave CorporationMr. John McNicolPresident & Co-CEO(604)
601-8524john.mcnicol@enwave.netEnWave CorporationMr. Brent
CharletonVice President, Corporate Affairs(778)
378-9616bcharleton@enwave.netwww.enwave.net
Grafico Azioni EnWave (TSXV:ENW)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni EnWave (TSXV:ENW)
Storico
Da Gen 2024 a Gen 2025