EnWave Appoints New Vice President Global Sales and Business Development

VANCOUVER, British Columbia, July 11, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that the Company has appointed Ms. Danna Dunnage as its new Vice President, Global Sales and Business Development.

Ms. Dunnage joins EnWave with a wealth of executive experience, with over 25+ years of demonstrated success in sales and strategy roles in the food service, distribution, hospitality and SAAS industries. Prior to joining EnWave, Ms. Dunnage worked for TCAP private equity, and before that for Gordon Food Service (“GFS”), the largest broad-line food distribution company in North America. Ms. Dunnage worked for more than a decade in sales for GFS before being promoted to President of the British Columbia division. During her time with GFS, she was responsible for annual revenues of over $1 billion and 900+ employees. Ms. Dunnage is joining an EnWave executive team that continues to be committed to accelerating sales growth and creating shareholder value.

The recruitment and hiring of Ms. Dunnage is part of EnWave’s enhanced sales strategy, attracting top-level sales talent and growing the Company’s presence internationally. EnWave intends to hire two additional sales managers in the near term that are domiciled in key global markets who will report into Ms. Dunnage. To that end, EnWave is currently working with a global recruitment firm to attract and hire a first sales manager in Europe. A second sales manager will be recruited for the South Asian region. Other markets will be considered in the next fiscal year.

About EnWave
EnWave is a global leader in the innovation and application of vacuum microwave dehydration. From its headquarters in Delta, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.

With more than fifty royalty-generating partners spanning twenty-three countries and five continents, EnWave’s licensed partners are creating profitable, never-before-seen snacks and ingredients, improving the quality and consistency of their existing offerings, running leaner and getting to market faster with the company’s patented technology, licensed machinery, and expert guidance.

EnWave’s strategy is to sign royalty-bearing commercial licenses with food producers who want to dry better, faster and more economical than freeze drying, rack drying and air drying, and enjoy the following benefits of producing exciting new products, reaching optimal moisture levels up to seven times faster, and improve product taste, texture, color and nutritional value.

Learn more at EnWave.net.

EnWave Corporation

Mr. Brent Charleton, CFA
President and CEO

For further information:

Brent Charleton, CFA, President and CEO at [phone]
E-mail: [e-mail]       

Dylan Murray, CPA, CA, CFO at [phone]
E-mail: [e-mail]

Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management's expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the Company's strategy for growth, product development, market position, expected expenditures, and the expected synergies following the closing are forward-looking statements. All third-party claims referred to in this release are not guaranteed to be accurate. All third-party references to market information in this release are not guaranteed to be accurate as the Company did not conduct the original primary research. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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