May 8, 2017 / 1:11 PM / 3 months ago

BRIEF-Enwave signs commercial royalty-bearing license with Ashgrove Cheese

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May 8 (Reuters) - Enwave Corp

* Enwave signs commercial royalty-bearing license with Ashgrove Cheese, receives first purchase order from Australia

* License grants Ashgrove exclusive right to use Revenue Technology to process dried cheese products in State of Tasmania

* In exchange for exclusivity, ashgrove has agreed to pay enwave a 5 pct royalty on wholesale price of all Revenue-dried products sold

* All other terms of agreement are confidential Source text for Eikon: Further company coverage:

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