EnWave Corporation signed a technology evaluation and license option agreement with Sun-Rype Products.
EnWave (TSXV:ENW) signed a technology evaluation and license option agreement with Sun-Rype Products.
As quoted in the press release:
Sun-Rype and EnWave will collaborate during a term of twelve months to develop unique and innovative fruit-based products using the Company’s Radiant Energy Vacuum (“REV™”) dehydration technology. During the term, Sun-Rype will retain the exclusive option to license REV™ technology to produce unique, fruit-based products in Canada. All other terms of the TELOA are confidential.