EnWave Announces Impact Sales Incorporated as a Broker for
NutraDried LLP's Moon Cheese(R) Product Line
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 6, 2014) -
EnWave Corporation (TSX-VENTURE:ENW)(FRANKFURT:E4U) ("EnWave", or
the "Company") announced today that NutraDried LLP ("NutraDried"),
a subsidiary of the Company, signed a broker agreement with Impact
Sales Incorporated ("ISI") to be responsible for securing
additional distribution channels for Moon Cheese®, a product
created using EnWave's patented Radiant Energy Vacuum ("REV™")
technology. ISI will focus on securing major accounts with national
and regional grocery store chains throughout Northern and Southern
California. ISI will also be responsible for developing a national
distribution relationship with Kroger's Head Office, located in
Cincinnati.
ISI is one of the most reputable consumer goods brokerage firms
in North America, providing representation for their clients
through eleven locations situated strategically across the United
States. ISI provides more than 500 customers with over 14,000
products. ISI's intention is to always be on the leading edge,
continually investing in the associates and the research to offer
creative solutions for their clients.
Currently, Moon Cheese®, a natural, pure cheese snack product,
is being sold throughout 192 Kroger locations in the Pacific
Northwest, under both Fred Meyer and Quality Food Center banners.
Over the past three months, NutraDried has successfully launched
Moon Cheese® in this initial market area with positive feedback
from customers, stores and distributors. NutraDried has used this
feedback and store turnover data to attract ISI distribution
interest. To support the next phase NutraDried has evolved its
production capabilities from a pilot line, to a small commercial
unit and expects to start-up a 100kW nutraREV® plant at
their site in Ferndale, Washington in the Spring of 2014.
NutraDried's goal is to secure additional distribution prior to the
expected commercial start-up of the 100kW unit.
"By securing ISI's services they will be actively placing our
Moon Cheese® products in front of the most important buyers in the
state of California," stated Mr. Rufino Dee, CFO of NutraDried LLP.
"ISI also has a very strong existing relationship with Kroger's
head office."
"NutraDried's team continues to illustrate their high level of
experience in the consumer food products market," stated Dr. Tim
Durance, Chairman & Co-CEO of EnWave. "There is extremely
strong interest in REV™-dried cheese snack products, not only in
the United States, but globally; this bodes well for both EnWave
and NutraDried in the future."
About NutraDried LLP
NutraDried LLP is a joint partnership owned by EnWave USA
Corporation and Lucid Capital Management. EnWave USA Corporation
was established as a subsidiary in the State of Delaware by EnWave
Corporation to facilitate this partnership with Lucid. Lucid is
part of the Wiebco Group of Companies controlled by the parent
company Wiebco Investments Ltd., which is a private holding and
management company controlled by J. Hugh Wiebe and his family. Mr.
Wiebe has been a Director of EnWave Corporation since December
2010. Mr. Wiebe was formerly a shareholder and Chairman of the
Board of Brookside. During his time with Brookside, Mr. Wiebe
helped build a highly recognized national chocolate brand through
an extensive U.S. retail distribution network. For more information
on Lucid Capital Management please visit www.lucidcapital.com.
NutraDried LLP intends to develop and distribute numerous
healthy snacking options throughout the U.S. over the coming years.
By using EnWave's proprietary REV™ technology, they can produce
all-natural products with attractive colors, excellent flavor and
high nutritional content; characteristics valued by many consumers.
NutraDried currently produces and sells Moon Cheese® as a healthy,
tasty snack in the U.S. market. For more information on Moon
Cheese® please visit www.mooncheesesnacks.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
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following the closing are forward-looking statements. All third
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original primary research. These statements are not a guarantee of
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important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be
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that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
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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
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