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EnWave Granted New Patent for Radiant Energy Vacuum Dehydration Technology
Monday, March 22, 2010
Vancouver, British Columbia -- EnWave Corporation (TSX: ENW) (FRANKFURT: E4U) ("EnWave" or "the Company") today announced that the Canadian Patent Office has granted the University of British Columbia ("UBC" or "the University") a technology and process patent for the use of Radiant Energy Vacuum ("REV") dehydration technology in the production of dried biological materials. The patent covers vacuum microwave dehydration of a wide range of materials in either solid, liquid or frozen state including enzymes, drugs, vitamins, antimicrobial agents and preservatives, and is intended to protect intellectual property developed at the UBC laboratory of Dr. Tim Durance, EnWave's Chairman and Co-CEO. UBC has licensed this patent exclusively to EnWave under its ongoing collaboration agreement with the Company.
"This is a general, broad-based patent which serves to substantially bolster EnWave's growing patent portfolio over the use of vacuum microwave dehydration technology globally," said Dr. Tim Durance. "As a technology company, we put significant and continuous effort into protecting our intellectual property. A strong patent portfolio provides EnWave with a competitive advantage, and places the Company in a stronger position when negotiating with global food, ingredient and pharmaceutical producers looking to replace freeze drying with our faster and cheaper technology."
EnWave holds an expanding intellectual property portfolio designed to protect the technology and knowledge base of the Company. In addition to the Company's own patent filings on other REV dehydration processes and equipment, EnWave holds an exclusive world-wide license from the University for a number of food and biopharmaceutical dehydration patents. The Company expects the new patent to pave the way for expedited protection over the coming year in the United States, the European Union, China, Hong Kong, Australia and India where it was simultaneously filed in July 2005.
Using proprietary technologies developed in conjunction with the University of British Columbia, EnWave is focused on the development of new methods of dehydrating food and biological materials using Radiant Energy Vacuum technology under its nutraREV®, powderREV®, bioREV® and freezeREV® brands. REV technology combines microwave energy transfer under vacuum to dehydrate and alter structures and drive chemical reactions, thereby creating unique product characteristics for both food products and medical applications that include fruit, vegetables, probiotics, enzymes, proteins, food cultures, vaccines and antibodies. More information about EnWave is available at www.enwave.net.
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.
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