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EnWave Signs New Collaboration Agreements With Milne Fruit Products Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2011) - EnWave Corporation (TSX VENTURE:ENW - News; FRANKFURT:E4U - News; "EnWave", or the "Company") today announced that it has signed two new Collaboration Agreements ("the Agreements") with Milne Fruit Products Inc. ("Milne Fruit"), a leading American fruit processor. In May of 2011 EnWave entered a commercial licence agreement with Milne Fruit to supply Radiant Energy Vacuum ("REV") technology for the dehydration of a variety of specified fruit products. The Agreement includes a provision for royalty payments on nutraDried(TM) fruit products produced using EnWave's technology. A MIVAP(TM) dehydrator has been purchased for Milne Fruits initial plant in Idaho and is on schedule for delivery in December, 2011.Under the new Agreements EnWave has agreed to expand product development in a new fruit category and has granted 18 month exclusive licensing options for two other territories within the United States where Milne Fruits is interested in potentially expanding its REV capacity. Under the terms of the Agreements Milne Fruits has agreed to a US$100,000 non refundable commitment to secure the licensing option rights. If a second REV machine is acquired within the licensing option period this payment would be credited towards the purchase price."Milne Fruits has indicated that the initial market response from a variety of nutraDRIED(TM) fruit samples has been very positive," said Dr. Tim Durance, Co-CEO, EnWave Corporation. "This positive market feedback has opened up a new product opportunity and increased their interest in considering REV capacity expansions in two other territories."EnWave's dehydration technologies for food include nutraREV(TM), MIVAP(TM) and quantaREV(TM); each employing a combination of vacuum and microwave energy to deliver a high-speed, low-temperature food dehydration process. The technologies can be used to dry a wide variety of fruit, vegetables, herbs, meats and seafood at mild temperatures in order to maintain high levels of nutrition, flavour, colour and texture. nutraREV(TM) is being introduced globally as an alternative technology to freeze drying and air drying for the development of nutraDRIED(TM) snack foods, baked goods and ingredients.About Milne Fruit Products Inc.Located in Prosser, Washington, Milne Fruit was started in 1956 as a quality processor and purveyor of fruit-based ingredients. Milne Fruit supplies a diverse offering of fruit purees, juices, concentrates, extracts, powders and mixes to the North American food processing sector. More information about the company is available at: http://www.milnefruit.com.About EnWaveEnWave 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, Danisco, Grupo Bimbo, Grimmway Farms and Bonduelle. EnWave is introducing REV as a new dehydration standard in the food and biological material sectors: potentially faster than freeze drying, with better end product quality than air drying or spray drying.EnWave currently has six REV platforms: commercial-scale nutraREV(TM) and MIVAP(TM) are used in the food industry to dry fruits, vegetables, meat, herbs and seafood quickly, while maintaining high levels of nutrition, taste, texture and colour. The Company is also developing powderREV(TM) for bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes; quantaREV(TM) for continuous, high-volume low-temperature drying of pastes, gels, liquids, or particulates; and bioREV(TM) and freezeREV(TM) as new methods to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.enwave.net.EnWave CorporationDr. Tim Durance, Chairman & Co-CEOSafe 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.