Dehydrated Yogurt Technology Agreement Closed in Canada

EnWave Corporation announces that the company has signed a Technology Evaluation and License Option Agreement with Ultima Foods Incorporated, a major Canadian yogurt processor with over 40 years of experience. Ultima is a joint venture of two of Canada’s largest dairy cooperatives, Agropur and Agrifoods.

The Agreement grants Ultima the exclusive right to develop dehydrated yogurt applications using EnWave’s Radiant Energy Vacuum (“REV™”). EnWave will work closely with Ultima to optimize several formulations. Ultima may exercise their exclusive option to license REV™ technology for the commercial production of yogurt products in Canada.