EnWave announced today that it has signed a commercial royalty-bearing license with Howe Foods ("HFG"), a diversified, family-owned business and the second largest producer of bananas in Australia.
The License grants HFG the exclusive right to use the Company's proprietary Radiant Energy Vacuum ("REV") dehydration technology to produce dried banana products in Australia and the non-exclusive right to produce dried blueberry products in Australia.
HFG has also submitted a purchase order for EnWave to deliver a small-scale commercial REV machine to initiate commercial production and continue product development.
Source: marketwired.com
