MARKET WIRE NEWS

EnWave Sells 120kW Radiant Energy Vacuum Machine to BranchOut Foods, Grants Expanded Global Rights for Dragon Fruit

MWN-AI** Summary

EnWave Corporation (TSX-V:ENW | FSE:E4U) recently announced a significant agreement with BranchOut Foods Inc. (BOF), marking a key development in the food processing industry. On September 18, 2025, EnWave signed an Equipment Purchase Agreement (EPA) to supply a 120kW Radiant Energy Vacuum (REV™) dehydration machine to BOF. This marks the fourth large-scale REV™ machine that BOF has acquired for its production facility in Peru. BOF is rapidly growing as a licensed royalty partner of EnWave, specializing in dehydrated fruit and vegetable products, which are marketed under its own brand, as private-label goods, and as bulk ingredients for other food manufacturers.

In conjunction with the EPA, EnWave and BOF also executed a License Amendment that confers exclusive global rights to BOF for the production of dragon fruit products utilizing REV™ technology. Under this arrangement, EnWave will not grant additional licenses for dragon fruit production, provided BOF meets specified royalty requirements.

BranchOut Foods is recognized for its commitment to high-quality dehydrated products, utilizing EnWave's advanced technology that preserves a substantial portion of the nutritional value of fresh produce—up to 95%. With a robust portfolio backed by numerous patents, BOF is positioned as a reliable brand and supplier in the market.

EnWave Corporation is a leader in vacuum microwave dehydration technology, with a diverse intellectual property portfolio and a mission to enhance food production efficiency and quality. With partnerships in over 24 countries, EnWave continues to expand its influence in the food, pharmaceutical, and cannabis sectors, aiming to provide innovative and profitable drying solutions.

MWN-AI** Analysis

EnWave Corporation's recent agreement with BranchOut Foods for a 120kW Radiant Energy Vacuum (REV™) dehydration machine and the expanded global rights for dragon fruit production signals a significant growth opportunity that investors should mark with interest.

The acquisition of a fourth large-scale REV™ machine by BOF underscores the increasing adoption of EnWave’s technology within food processing. The REV™ technology, known for preserving up to 95% of the nutritional quality of fresh produce, presents a competitive edge in a market increasingly focused on health-conscious consumers. As BOF ramps up production in Peru, its strategic positioning as a provider of high-quality dried fruit and vegetable products—combined with exclusive rights to dragon fruit products—enhances its value proposition.

EnWave's unique intellectual property portfolio protects it against competitive threats, ensuring sustained revenue through royalties from its partners. This partnership not only bolsters EnWave's revenue but also extends its influence in the dehydrated food market, which is projected to experience significant growth. The tightening of product licensing may encourage BOF’s commitment to meeting its royalty obligations, thus providing a predictable revenue stream for EnWave.

With more than fifty partners globally, the company is seen as a leader in vacuum microwave dehydration, a method that outperforms traditional drying methods. Investors should consider the scalability of the REV™ technology and its implications for profitability as more food manufacturers seek to improve production efficiency and product quality.

Currently trading on the TSX Venture Exchange (TSX-V: ENW), potential investors should analyze EnWave’s quarterly performance closely, paying attention to any updates regarding new partnerships or technology rollouts. The risks associated with forward-looking statements emphasize the importance of vigilance in monitoring market developments. With a robust business model and a growing portfolio of partnerships, EnWave could represent an attractive investment opportunity in the burgeoning food tech sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed an Equipment Purchase Agreement (the “EPA”) with BranchOut Foods Inc. (“BOF”), one of the fastest growing licensed royalty partners of the Company, to deliver a 120kW Radiant Energy Vacuum (“REV™”) dehydration machine. This is the fourth large-scale REV™ machine acquired by BOF for use at its production facility based in Peru. BOF produces a wide portfolio of dried fruit and vegetable products that are sold under BOF’s brand direct to consumers, as private-label applications and as bulk ingredients to be used in numerous other food products by other leading food manufacturers.

In addition to the EPA, EnWave and BOF signed a License Amendment (the “Amendment”) granting certain exclusive global rights to BOF regarding the production of dragon fruit products using REV™ technology. Under the framework of this Amendment, EnWave agrees to not grant any additional licenses to use REV™ technology to produce dragon fruit, so long as BOF satisfies certain minimum royalty requirements throughout the term of the License Agreement.

About BranchOut Foods Inc.
BranchOut Food is a leading international food technology company, specializing in the production of high-quality dehydrated fruit and vegetable-based products through its license of EnWave’s proprietary Radiant Energy VacuumTechnology. This next-generation dehydration method preserves up to 95% of the original nutrition of fresh produce, offering superior quality and taste. Protected by over 17 patent families, BranchOut’s licensed rights enables it to stand out as a trusted brand, ingredient and a private-label supplier. For more information, visit www.branchoutfood.com.

For more information:
ir@branchoutfood.com

About EnWave
EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty partners spanning twenty-four countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

Learn more at EnWave.net.

EnWave Corporation

Mr. Brent Charleton, CFA
President and CEO

For further information:

Brent Charleton, CFA, President and CEO at +1 (778) 378-9616
E-mail: bcharleton@enwave.net

Dylan Murray, CPA, CA, CFO at +1 (778) 870-0729
E-mail: dmurray@enwave.net

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 the expected synergies following the closing are forward-looking statements. All third-party claims referred to in this release are not guaranteed to be accurate. All third-party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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.


FAQ**

How will the new Equipment Purchase Agreement (EPA) with BranchOut Foods Inc. impact EnWave Corporation ENW:CC's revenue and profitability in the upcoming quarters?

The new Equipment Purchase Agreement with BranchOut Foods Inc. is expected to boost EnWave Corporation's revenue and profitability in upcoming quarters by increasing demand for its innovative drying technology, thus enhancing its market presence and financial performance.

What are the strategic benefits for EnWave Corporation ENW:CC in granting exclusive rights to BranchOut Foods for dragon fruit products, and how might this influence the competitive landscape?

Granting exclusive rights to BranchOut Foods for dragon fruit products enhances EnWave Corporation's strategic positioning by securing a strong partnership, differentiating their offerings in the health-focused market, and potentially reshaping competition by limiting access to innovative technologies.

Given that EnWave Corporation ENW:CC signed a License Amendment with BOF, what are the specific minimum royalty requirements BranchOut must meet, and how could this affect EnWave's future earnings?

BranchOut must meet specific minimum royalty requirements as stipulated in the License Amendment with EnWave, which, if achieved, could significantly enhance EnWave's future earnings by boosting royalty revenues tied to increased usage of their technology.

How does EnWave Corporation ENW:CC plan to leverage its extensive patent portfolio and global partnerships to enhance market penetration and sales growth in the food dehydration industry?

EnWave Corporation plans to leverage its extensive patent portfolio and global partnerships by innovating its dehydration technology, expanding strategic collaborations, and increasing licensing agreements to enhance market penetration and drive sales growth in the food dehydration industry.

**MWN-AI FAQ is based on asking OpenAI questions about Enwave Corporation (TSXVC: ENW:CC).

Enwave Corporation

NASDAQ: ENW:CC

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