EnWave Signs License Agreement Amendment with Patatas Fritas Torres S.L. of Spain, to Expand Product Portfolio and Minimum Royalty Requirement

VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed an amendment (the “Amendment”) to the royalty-bearing license agreement (the “License Agreement”) entered into with Patatas Fritas Torres S.L. (“PFT”) of Spain. The Amendment expands the product portfolio for PFT, who is focused on commercializing healthy, protein-rich snack products. PFT will leverage its existing distribution network to quickly broaden its product offerings in the global, fast-growing, nutritious, shelf-stable snack space. Under the terms of the Amendment, PFT will pay EnWave additional minimum annual royalties in exchange for the expanded product definition.

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