EnWave Signs Royalty-Bearing Commercial License and Manufacturing Agreemen

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Vancouver, B.C., April 4th, 2014, EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company")is pleased to announce today that it has signed a royalty-bearing Commercial License (the “License”) and a Manufacturing Agreement (the “Agreement”) with NutraDried Creations LLP (“NutraDried Creations”), who will focus on securing major private label distribution opportunities throughout the United States of America (“U.S.”) and Latin America for dehydrated cheese snacks and other new healthy snack products dehydrated using the Company’s Radiant Energy Vacuum (“REV™”) technology. NutraDried Creations represents a group of experienced business partners that have extensive professional contacts in the private label area and includes Mr. Hugh Wiebe, a current Director of EnWave Corporation.

Mr. Wiebe has more than 30 years of experience in the global food industry and was formerly a shareholder and Chairman of the Board of Brookside Foods Ltd. (“Brookside”). During his time with Brookside, Mr. Wiebe helped build a highly recognized national chocolate brand through an extensive U.S. retail distribution network. Mr. Wiebe is also the controlling shareholder of Lucid Capital Management, a 49% partner in NutraDried LLP, which is a company co-owned with EnWave that is actively marketing and producing an all-natural, healthy cheese snack product in the U.S. market under the Moon Cheese^® brand. The initial success of this launch through Kroger's Fred Meyer and Quality Food Center banner's in the Pacific Northwest and Alaska has led to broader private label interest for large scale bulk distribution.

NutraDried Creations plans to initially establish national distribution by marketing REV™-dried cheese snack products to their private label distribution contacts, but also have interest in expanding their offerings to eventually include a number of other healthy vegetable and fruit products that are currently being developed in partnership with EnWave and NutraDried LLP. As the private label distribution opportunities evolve, these additional products will be targeted for commercial sale.

Currently, NutraDried Creations is actively conducting market testing with several potential customers and expects entry into at least two major U.S. private label accounts over the next few months. If the test marketing is successful an annual order volume of over 1 million pounds of dried cheese snack products is forecast for the first phase of distribution during the next 12 months.

Under the Agreement, the dried cheese snack products will be produced for NutraDried Creations at a shared facility in Ferndale, Washington State for the first 3 million pounds of annual distribution. A 100kW nutraREV^®plant is expected to start-up at the facility in the spring of 2014, which should provide enough capacity to support Moon Cheese^® production and the initial private label annual order forecast; however, should the private label order double, the facility would expand with a second large commercial nutraREV^® machine. If orders continue to increase, as projected by NutraDried Creations, up to five commercial nutraREV^® machines may be needed by 2016 to satisfy private label channel demand. If this occurs, NutraDried Creations has the option to purchase REV™ equipment directly from EnWave to support order demand beyond 3 million pounds of dried cheese snack products per annum or for other product categories approved under the License, potentially creating two distinct suppliers, which would help diversify the supply sources for larger food companies.

“This could be a major commercial breakout for nutraDRIED^® products via national, well-known distribution channels,” stated Dr. Tim Durance, Chairman & Co-CEO of EnWave Corporation. “This License and Agreement represents potential catalysts for near term revenue growth, helping to establish EnWave and its partners as new industry players in the U.S. healthy snack market.”

“REV™-dried cheese snack products are some of the most innovative and unique natural products available on the market today,” stated Mr. Hugh Wiebe, Partner in NutraDried Creations. “We have had significant interest from several of the largest private label distributors in the U.S., and we believe this business has a legitimate opportunity to experience fast growth.”

About NutraDried Creations LLP

NutraDried Creations is a Washington State LLP formed to take the nutraREV^® technology to market through the application of the technology in the snack and food industry. The founders, Mr. J.H. Wiebe, Mr. Jeff Ericson and Mr. Andrew Ferguson have extensive experience and accomplishments in the food and beverage industry and, combined, bring over 100 years of business and life experience as seasoned entrepreneurs, inventors, marketers and business leaders. Together they create a dynamic team that knows how to create innovative products and successfully take them to market.

NutraDried Creations’ purpose and mission is to create a Triple Bottom Line – impacting people’s lives, stewarding earth’s resources, and bringing profit to shareholders. We achieve this through the lens of social business -- selling environmentally and socially responsible products. This philosophy ensures that the customer receives the best nutritional products possible, through the innovative use of our patented process and strategic relationships.

Our social business model strives to replace the old charitable model (welfare) with a new model of rewarding excellence while giving people the tools to succeed on their own. We partner with non-profits like Agros International, a Seattle based non-profit that assists poor, rural farmers in purchasing their own land through low-interest or interest-free loans. This helps these farmers break out of their generational poverty cycle. Our customers are the reason positive change is happening in the lives of the families who grow the ingredients in the products we sell. By only purchasing ethical ingredients that are fairly traded, we partner with you in giving a fair wage for a beautiful product. The difference is enabling farmers to provide food, clothing, shelter, and an education for their children. Through the years we have helped develop 42 villages, aiding 24,000 farmers and fostering generational change.

Through NutraDried Creations and our strategic partners and customers, we now hope to extend this impact to a whole new industry and create even more impact. Therefore, the primary strategy of the Company is to offer private labeling opportunities to major retailers and distributors who already have brand equity in their names and who desire to make a positive difference in the world. Thus, it is the priority and preference of the company to develop the brand equity and awareness of NutraDried Creations as a food “category” through these relationships.

More information about NutraDried Creations LLP is available at www.nutradriedcreations.com.

NutraDried Creations, LLP

Andrew Ferguson, CEO

For further information:

Mr. Andrew Ferguson, CEO, NutraDried Creations at (360)332-2101

E-mail: andrew.ferguson@nutradriedcreations.com

Mr. Jeff Ericson, Chief Marketing Officer, NutraDried Creations at (360)332-2101

E-mail: jeff.ericson@nutradriedcreations.com

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EnWave Signs Royalty-Bearing Commercial License and Manufacturing Agreemen