EnWave Further Strengthens Intellectual Property Portfolio, Obtains powderREV(R), freezeREV(R) and quantaREV(R) Patents, Extends Royalty Stream Timeline

VANCOUVER, BC--(Marketwired - July 20, 2015) - EnWave Corporation (TSX VENTURE: ENW)(FRANKFURT: E4U) ("EnWave", or the "Company") is pleased to announce that the Company has further strengthened its intellectual property portfolio by obtaining the technological design patents protecting its powderREV^® platform in Canada, freezeREV^® platform in Canada and China, and quantaREV^® platform in Europe and Japan. All three platforms are unique versions of EnWave's Radiant Energy Vacuum ("REV™") drying technology.

The powderREV^® platform patent is integral to the protection of REV™-related biopharmaceutical drying processes that are currently evolving through the collaborative efforts of both EnWave and its partners. powderREV^® is ideal for the dehydration of biopharmaceutical products below the freezing point using precise combinations of vacuum and microwave energy.

EnWave's freezeREV^® platform also is designed to remove moisture from biopharmaceutical materials below the freezing point, but with the distinction of handling biopharmaceuticals in vials through the process.

The quantaREV^® platform is the Company's tray-based system that homogeneously removes moisture from organic materials above the freezing point. quantaREV^® is a highly scalable of EnWave's REV™ machinery and is currently being used by several commercial partners.

New REV™-related patents directly enhance EnWave's core business by establishing new royalty streams via future royalty-bearing commercial licenses and lengthening the life of confirmed royalty streams. The majority of EnWave's licensees are required to pay quarterly royalties to the Company until the expiry of the last REV™-related patent in EnWave's intellectual property suite. Each time a new patent is granted, this royalty stream timeline extends twenty years from the Patent Cooperation Treaty filing date.

About EnWave
EnWave Corporation is a Vancouver-based industrial technology company developing commercial applications for its proprietary Radiant Energy Vacuum (REV™) dehydration technology. EnWave aims to sign royalty-bearing commercial licenses with leading food and pharmaceutical companies for the use of its revolutionary technology. Thus far the Company has signed fourteen royalty-bearing licenses, opening up eight distinct market sectors for commercialization with companies. In addition to these licenses, EnWave has formed a Limited Liability Partnership, NutraDried LLP, to develop, manufacture, market and sell all-natural cheese snack products in the United States under the Moon Cheese^® brand.

EnWave is introducing REV™ as a new dehydration standard in the food and biological material sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. EnWave currently has three commercial REV™ platforms: nutraREV^®is used in the food industry to dry food products quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour; powderREV^®is used for the bulk dehydration of food cultures, probiotics and fine biochemicals such as enzymes below the freezing point and quantaREV^® is used for continuous, high-volume low-temperature drying. Two additional platforms, bioREV^® and freezeREV^®, are being developed as new methods to stabilize and dehydrate biopharmaceuticals such as vaccines and antibodies. More information about EnWave is available at www.enwave.net.

EnWave Corporation
Dr. Tim Durance
President, CEO and Director

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