EnWave Announces Appointment of Mr. Patrick Turpin to its Board of Directors
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company" - https://www.commodity-tv.com/play/enwave-targeting-profitability-in-2020-signed-joint-development-deal-with-gea-lyophil/) announced today the appointment of Mr. Patrick Turpin to the Company’s Board of Directors. Patrick was a co-founder of Popchips, Inc (“Popchips”) and is a seasoned veteran of the consumer packaged goods industry. His addition will broaden and strengthen the skillset of the EnWave team to include a wealth of experience and leadership in the better-for-you segment of the snacking vertical.
Patrick Turpin is an accomplished senior executive who has successfully concepted and launched several revenue-generating retail channel businesses and brands. He has close to 30 years of experience leading consumer packaged goods organizations across multiple areas of the value chain. In addition to co-founding Popchips, he was also a senior executive at Costco Wholesale where he led multiple strategic initiatives, including launching Costco’s gas station business and Costco’s Executive Membership division. Patrick also managed Costco’s vertically integrated, private label snack and confection packaging business.
With the addition of Patrick Turpin, EnWave’s Board now consists of five independent directors and two non-independent directors. The two non-independent directors are John Budreski, Executive Chairman, and Brent Charleton, Chief Executive Officer. EnWave welcomes Patrick to the Board and the experience he brings is anticipated to add tremendous value to the Company’s strategic initiatives, including the rapid expansion of its better-for-you Moon Cheese® snack brand.
EnWave Corporation, a Vancouver-based advanced technology company, has developed Radiant Energy Vacuum (“REV™”) – an innovative, proprietary method for the precise dehydration of organic materials. EnWave has further developed patent-pending methods for uniformly drying and decontaminating cannabis through the use of REV™ technology, shortening the time from harvest to marketable cannabis products.
REV™ technology’s commercial viability has been demonstrated and is growing rapidly across several market verticals in the food, and pharmaceutical sectors, including legal cannabis. EnWave’s strategy is to sign royalty-bearing commercial licenses with innovative, disruptive companies in multiple verticals for the use of REV™ technology. The company has signed over thirty royalty-bearing licenses to date. In addition to these licenses, EnWave established a Limited Liability Corporation, NutraDried Food Company, LLC, to manufacture, market and sell all-natural dairy snack products in the United States, including the Moon Cheese® brand.
EnWave has introduced REV™ as a disruptive dehydration platform in the food and cannabis sectors: faster and cheaper than freeze drying, with better end product quality than air drying or spray drying. EnWave currently offers two distinct commercial REV™ platforms:
1. nutraREV® which is a drum-based system that dehydrates organic materials quickly and at low-cost, while maintaining high levels of nutrition, taste, texture and colour; and,
2. quantaREV® which is a tray-based system used for continuous, high-volume low-temperature drying.
More information about EnWave is available at www.enwave.net.
Mr. Brent Charleton, CFA
President and CEO
For further information:
Brent Charleton, CFA , President and CEO at +1 (778) 378-9616
E-mail: [email protected]
Dan Henriques, CFO at +1 (604) 835-5212
E-mail: [email protected]
Deborah Honig, Corporate Development at + 1 (647) 203-8793
E-mail: [email protected]
Swiss Resource Capital AG
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