EnWave Corporation announced that it has signed a royalty-bearing commercial license agreement with Pacifico Snacks S.A.S. (Pacifico Snacks) to produce REV™ dried fruit snacks for the North American grocery market. Under the terms of the License, Pacifico Snacks purchased a 10kW commercial Radiant Energy Vacuum (“REV™”) machine to initiate commercial production in Colombia. The License grants Pacifico Snacks the exclusive right to produce certain types of mango, pineapple and banana products within Colombia. With extensive expertise in the private label production of fruit snack applications, this new premium product offering will further enhance Pacifico Snack’s reputation as a leading private-label supplier to major North American grocers. This License is the first signed by EnWave in Colombia and the 38th worldwide, further proving the value proposition of REV™ technology as a tool to create innovative, premium food applications. With access to low cost, high quality local raw materials in Columbia, Pacifico plans to produce clean label, better-for-you snack offerings using REVTM. Pursuant to the terms of the License, Pacifico Snacks has royalty payment obligations to the Company and additional future undisclosed REV™ machine purchase order requirements that must be met in order to maintain their exclusive rights. The other terms of the License are confidential.