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EnWave Numbers Don’t Leave Investors High and Dry

Making some noise in the processed fruit Tuesday in Vancouver-based EnWave Corporation (TSX-Venture:ENW), which broke the news of an Equipment Purchase Agreement (the "EPA") to provide Milne Fruit Products with its third 120kW Radiant Energy Vacuum ("REV™") machine for the production of an extensive portfolio of dried vegetable and fruit applications.

The EPA also confirms Milne’s exclusive right to produce REV™-dried strawberries and blueberries south of the border.

As Tuesday’s news release indicated, not all dried fruits and vegetables are created equal. Milne, a big name in the fruit and vegetable ingredient and snack industry, has chosen to use REV™ technology in order to differentiate itself from the status quo.

EnWave’s REV has been called an innovative, proprietary method for the precise dehydration of organic materials

EnWave shares acquired nine cents, or 7.1%, to approach noon ET at $1.35, on respectable volume of more than 190,000 shares