EnWave Signs Collaboration Agreement With Campofrio Food Group

EnWave Signs Collaboration Agreement With Campofrio Food Group 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/18/13 -- EnWave
Corporation (TSX VENTURE:ENW) (FRANKFURT:E4U) ("EnWave", or the
"Company") announced today that it has signed a Collaboration
Agreement with an option to license (the "Agreement") with Campofrio
Food Group ("Campofrio"), Europe's leader in the processed meats
sector. Campofrio intends to conduct product development work using
the Company's Radiant Energy Vacuum ("REV(TM)") dehydration
technology to create a number of new, healthy dried meat products for
potential commercialization. All terms of the agreement are
Historically, Campofrio's growth has been driven by innovation, as
they continuously study and investigate market and category trends to
gain profound consumer insights, adapting their business to the new
consumption patterns. Campofrio has maintained market leadership with
an ongoing commitment to research and development, offering solutions
to meet the changing needs of their consumers.  
"REV(TM) technology has proven to be a viable and attractive option
for the dehydration of meat products," stated Dr. Tim Durance,
Chairman and Co-CEO of EnWave. "Campofrio is a first-class,
experienced company that has the potential to address multiple
European markets in this area." 
"Product innovation is a driving force to achieving long-term,
accelerated growth and profit," stated Mr. Karl-Heinz Kiesel, SVP,
Operations & Strategic Sourcing for Campofrio. "EnWave's REV(TM)
technology will allow Campofrio to explore new product development
opportunities and potentially address some of the changing needs of
consumers in Europe." 
This Agreement confirms the second collaborative relationship with a
major processed meat producer established by EnWave. The first was
initiated with a leading U.S. meat company and progressed from a
collaborative agreement to a commercial royalty-bearing license in
July 2013. 
About Campofrio Food Group  
One of the largest companies in the processed meats sector, Campofrio
is the industry standard in many ways, as they possess in-depth
knowledge of their customers and consumers, which allows them to
generate growth opportunities in all markets. Campofrio offers a
variety of consumer products that include dry sausage, dry ham,
poultry, cooked ham, hot dogs, pizzas, pates, meal components,
sandwich spreads, ready meals and fresh and semi-fresh meats. They
are present in Europe and America through eight interdependent
business units based in France, Spain, Germany, Italy, Belgium,
Portugal, the Netherlands, US and a joint venture with Caroli Foods
in Romania. Because of this significant presence they are able to
extend penetration to all 27 EU members and respond to growth
opportunities in other markets. For more information on Campofrio
Food Group, please visit www.campofriofoodgroup.com.  
About EnWave  
EnWave Corporation is a Vancouver-based industrial technology company
developing commercial applications for its proprietary Radiant Energy
Vacuum (REV(TM)) dehydration technology. In June 2013, Hormel Foods
Corporation signed a royalty-bearing commercial license to use
REV(TM) technology for the production of a number of products.
Recently, EnWave formed a Limited Liability Partnership with Lucid
Capital Management to develop, manufacture, market and sell
all-natural cheese snack products in the United States. Also, the
Company has licensed REV(TM) technology to a leading North American
enzyme company to begin dehydrating a series of food-related enzymes
for their Tier 1 customers. Lastly, the company licensed REV(TM)
technology to Milne Fruit Products Inc in 2011, its first major U.S.
customer, to support a launch of healthy berry snacks and powders
across most major markets in North America. EnWave has entered into a
wide range of research and collaboration agreements with an expanding
list of multinational companies, including Nestle, Kellogg's, Grupo
Bimbo, Grimmway Farms, Ocean Spray Cranberries, Bonduelle, Cherry
Central, Sun-Maid Growers, Gay Lea Foods and Merck. EnWave is
introducing REV(TM) 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(TM) platforms: commercial-scale
nutraREV(R) and MIVAP(R) 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(TM) for bulk dehydration of food
cultures, probiotics and fine biochemicals such as enzymes;
quantaREV(TM) for continuous, high-volume low-temperature drying of
pastes, gels, liquids, or particulates; and bioREV(TM) and
freezeREV(TM) 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
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(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
EnWave Corporation
Mr. John McNicol
President & Co-CEO
(604) 601-8524
EnWave Corporation
Mr. Brent Charleton
Vice President, Corporate Affairs
(778) 378-9616
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