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Banana chips are a globally-consumed snack food. Sample quantities of nutraDried banana chips, produced by EnWave for the Consortium, have better flavour than conventionally-prepared banana chips and, unlike traditional banana chips, nutraDried products are dried in their natural state and not fried in fattening oil. |
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November 12, 2009
EnWave Corporation (TSX-V: ENW) (“EnWave” or “the Company") has signed a Letter of Intent (“LOI”) with a North American consortium for the purpose of selling up to four commercial-scale nutraREV® food dehydration machines over the next four years. The machines will be used for the production of a variety of dried fruit and vegetable products grown in South and Central America. SmartPac, LLC of California, and Innovative Food Systems (“IFS”) of Princeton, British Columbia (together, “the Consortium”), intend to establish the first nutraREV® plant in Central America where they expect to produce nutraDried banana chips, tropical fruit, and vegetables products for international export.
“Establishing a leading-edge dehydration facility where many of the world’s fresh fruits and vegetables are grown bodes well for the success of this project,” said John McNicol, EnWave’s President & Co-CEO. “SmartPac and IFS are creating an ideal dehydration plant and distribution centre for shipping nutraDried products globally.”
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News Release Commentary
"Together, IFS and SmartPac bring together a unique packaging technology
with a significant depth of market experience that could fundamentally
change the way fresh produce and dehydrated fruits and vegetables are
distributed around the world. By utilizing the operating know-how and
resources of our new partners, along with the experience we gain from this
first installation in Central America, we hope to establish our broader
marketing strategy in a wide range of countries throughout Central and Latin
America."
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