News
EnWave Corporation (TSX VENTURE: ENW)(FRANKFURT: E4U) ("EnWave" or
"the Company") today announced that LifeSciences British Columbia
("LSBC") has awarded Dr. Timothy Durance, Chairman and Co-CEO of
EnWave, with the 2012 Innovation & Achievement Award for his
development of EnWave's Radiant Energy Vacuum ("REV") technology.
This award is presented annually by LSBC to recognize individuals and
organizations that have made outstanding contributions to the
development of British Columbia's life sciences industry across all
sub-sectors, from biopharmaceuticals and medical devices to
bioproducts and bioenergy - sectors which are critical to the economic
future of the province and country.
"This year's award winners are outstanding," stated Don Enns,
President of LifeSciences BC. "British Columbia has some great leaders
in biotech, and the four individuals and one company selected for
these awards are incredible innovators. Our sector is world-class, and
these winners represent significant achievements resulting in economic
growth for B.C."
"Over the past year, we have made significant technological
advancements in relation to the efficient dehydration of
biopharmaceuticals," stated Dr. Durance. "I am sincerely humbled by
this noteworthy recognition. The innovation and achievement that
EnWave has accomplished thus far in the life sciences space is very
encouraging."
The LifeSciences British Columbia Awards will be presented at a gala
ceremony the evening of Thursday, April 19th, 2012, in front of an
audience of approximately 600 guests representing the
biopharmaceutical, medical device, bioproducts, bioenergy and greater
life sciences community at the Vancouver Convention Centre.
About LifeSciences British Columbia
LifeSciences British Columbia is a not-for-profit, non-government
industry association that represents and supports the
biopharmaceutical, medical device, bioproducts, bioenergy and greater
life sciences community of British Columbia through facilitation of
partnering and investment, advocacy, education, and promotion of our
world-class science and industry. More information about LifeSciences
B.C. is available at
http://www.lifesciencesbc.ca/(http://www.lifesciencesbc.ca/).
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 Nestle, Kellogg's,
Grupo Bimbo, Grimmway Farms, Ocean Spray Cranberries, Hormel,
Bonduelle and Merck. EnWave is introducing REV 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 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(http://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.


