EnWave Corporation announced that it has signed a Technology Evaluation and License Option Agreement (the "TELOA") with a major Australian dairy company (the “Partner”) to evaluate the use of the Company’s Radiant Energy Vacuum (“REV™”)

technology for the development of several dehydrated, premium dairy ingredients.

The Partner will rent a small-scale REV™ machine for use in Australia for a maximum of six months. During this term, EnWave’s experienced food science team will collaborate closely with the Partner’s innovation group to expedite progress.

EnWave has signed a total of four TELOAs with Australian companies and has granted two separate commercial licenses to Australian royalty partners. Ashgrove Cheese Pty Ltd. has launched a premium, shelf-stable cheese snack line called Amazeballs through IGA, Coles and Woolworths locations in Australia. Howe Foods Pty Ltd. is currently developing several banana-based products for commercial evaluation. Each own small-scale commercial REV™ machines.