EnWave Corporation Initiates Strategic Planning For Biotechnology Division

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 17, 2006) - EnWave Corporation (“EnWave” or “the Company”) (TSX VENTURE:ENW)(FWB:E4U) is pleased to announce the appointment of Mr. John McNicol as Executive Advisor, and Dr. Linda Allison as Technology Advisor to the Company. Both Mr. McNicol and Dr. Allison have been tasked with further development of the EnWave biotechnology business unit through the creation of a new strategic business plan.

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