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Tue, April 17, 2012 EnWave Announces Milne Fruit Products Inc. Begins Commercial Production
April 17, 2012 03:00 ET
EnWave Announces Milne Fruit Products Inc. Begins Commercial Production
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 17, 2012) -EnWave Corporation (TSX VENTURE:ENW)(FRANKFURT:E4U) ("EnWave" or the "Company") today announced that Milne Fruit Products Inc. ("Milne Fruit") has successfully begun full-scale production of commercially saleable products using EnWave's technology at their production plant in Nampa, Idaho. Milne Fruit's "MicroDried™" line of 100% all-natural products includes initial offerings of blueberries, raspberries and blackberries in the whole fruit and powder form.
"Milne Fruit's successful start-up and utilization of our REV technology signifies the beginning of a royalty stream, which we hope to see grow as they continue to develop their MicroDried™ product line," stated Dr. Tim Durance, EnWave's Chairman and Co-CEO. "Milne Fruit is a motivated innovator with a proven track record of successful new product launches."
"These large, plump dried fruit pieces are rich with the real color, flavor, fragrance and taste of natural fruit," said Jack Schroeder, Vice President of Sales and Marketing. "It's a truly revolutionary product line that surpasses traditional dried products in nutritional content, as well as eye and mouth appeal."
Milne Fruit's MicroDried™ whole fruit products are available in several moisture ranges from crunchy to chewy, offering a wide scope of applications from hot and cold cereals to baked goods, trail mixes, granola bars, baking mixes and more. Most MicroDried™ products are vertically integrated with fruit grown by Wyckoff Farms and produced under the high quality assurance standards that are hallmarks of both Milne and Wyckoff Farms.
About Milne Fruit Products Inc.
Founded in 1956, Milne Fruit Products is the industry leader in creating fruit juices, concentrates, purees and custom blends from 25 different fruit varieties for the industrial food and beverage markets. Dedicated to using new technologies, Milne recently introduced an innovative line of MicroDried™, natural whole fruit pieces offering high levels of beneficial nutrients to provide customers with healthy fruit products that are 100% natural to meet the needs of a diverse consumer marketplace. For more information on Milne Fruit Products, please visit [ www.milnefruit.com ].
About EnWave
EnWave Corporation is a Vancouver-based industrial technology company developing commercial applications for its proprietary Radiant Energy Vacuum (REV) dehydration technology. In collaboration with an expanding list of multinational partners, including Nestlé, Kellogg's, Ocean Spray Cranberries, Grupo Bimbo, Hormel, Bonduelle, Grimmway Farms and Merck. EnWave is introducing REV as a new dehydration standard in the food and biological material sectors: potentially faster 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 financial results are forward-looking statements. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. There is no guarantee that the Company's REV technology can or will improve processes in the target industry; even if the Company's REV technology can be used as described in this document, there is no guarantee that such use will result in orders for the Company's REV technology. All figures comparing REV technologies to freeze drying or other dehydration technologies are provided as examples of data obtained through the Company's own scientific and testing programs; each product must be tested individually to determine the benefits of using REV.
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.
