EnWave signs Technology and Evaluation License Option Agreement with Bounty Fresh Group in the Philippines

EnWave Corporation announced today that it has signed a Technology Evaluation and License Option Agreement (the “Agreement”) with New Plymouth Food Inc., a part of Bounty Fresh Group, and a leading producer of protein products in Southeast Asia. Bounty will lease a 10kW Radiant Energy Vacuum (“REV™”) dehydration machine for placement at their main processing facility in the Philippines. The 10kW machine will be utilized for the development of meat, cheese, and other nutritious snacks for the Philippine market and beyond.

Bounty looks to capitalize on Southeast Asia’s growing snack sector by introducing healthier, better-for-you options as well as localized flavours and ingredients which are gaining more momentum over traditional deep fried and extruded snacks.

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