US Food Consortium Plans International Exports

EnWave has signed a letter of intent with a North American consortium for the purpose of selling up to four commercial-scale nutraREV food dehydration machines over the next four years.

The machines will be used for the production of dried fruit and vegetable products grown in South and Central America.

SmartPac of California and Innovative Food Systems of Princeton, British Columbia, intend to establish the first nutraREV plant in Central America where they expect to produce nutraDried banana chips, tropical fruit and vegetables products for international export.

The agreement extends until 31 May 2010 and is subject to the completion of a market assessment by the consortium, delivery of consortium financing and the negotiation of final license terms between the parties.