Starfleet Innotech, Inc.

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As the award-winning New Zealand cafe franchise makes inroads into Southeast Asia, parent company Starfleet Innotech shares additional progress on the global expansion of its F&B ecosystem.

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NEW YORK, June 06, 2022 (GLOBE NEWSWIRE) -- Award-winning New Zealand cafe franchise Epiphany Cafe today announced it has more than doubled its domestic footprint since the beginning of the year. Leveraging this momentum, the business is now mobilizing into Malaysia, with plans for an expansion into the Philippines and the United States before year-end.

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Epiphany Cafe is the flagship business in global investment holding company Starfleet Innotech, Inc. (OTC Pink: SFIO)’s F&B ecosystem. According to Chito Galvez, SFIO’s Divisional Manager for Franchising, Epiphany Cafe plays a leading role in the conglomerate’s global growth plans, establishing the group’s footprint in new markets and creating the scaffolding necessary to expand the other products and services in SFIO’s portfolio. These include New Zealand Manuka Honey (under the Epiphany Cafe brand) and instant coffee (under the Gorgeous Coffee brand), both slated to be available for purchase online in North America by July.

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Galvez brings over 35 years of experience in franchise business development, retail site expansion, sales building, customer service, negotiations, and business relationship building to his role spearheading SFIO's franchising operations. Prior to joining SFIO, Galvez played crucial roles in the growth teams of F&B giants such as 7-11 and the Jollibee Group, with a career taking him across the Philippines, Indonesia, Thailand, Singapore, India, and New Zealand.

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“At the beginning of the year, we mapped out a two-year roadmap for 200 new Epiphany Cafe locations across New Zealand, Australia, and Southeast Asia,” said SFIO CEO and Co-founder of Epiphany Cafe Jeths Lacson. “Under Chito’s leadership, we are making great progress in our regional expansion plans.” Epiphany Cafe more than doubled its footprint across New Zealand in the first half of 2022, growing from 30 locations to 65 franchised and licensed locations within the country. Following the completion of market research and feasibility studies, Epiphany Cafe has already secured trademarks and reserved flagship locations to enter the Malaysian market. Initial teams to manage these brick-and-mortar operations in Malaysia will be training in New Zealand next quarter.

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Similar feasibility studies are now underway for an expansion into the Philippines.

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As Epiphany Cafe continues to grow domestically and regionally, the SFIO group is setting the stage for an entrance into North America. “In addition to partnering with local distributors to sell our F&B products online, we’re actively exploring M&A opportunities with existing cafe and bakery businesses to bring our award-winning New Zealand brand to the United States,” said Lacson. “Our Chief Investments Officer Richard de Lima plays a central role in finding and shaping precisely these opportunities.”

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CIO Richard de Lima is an asset manager and global corporate advisor, bringing over 30 years of experience in the capital markets to leading the conglomerate’s global partnership efforts. As an expert in business finance engineering, mergers & acquisitions, portfolio management, and strategic corporate investor relations, De Lima specializes in cross-border transactions in the lower middle market.

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In addition to his experience working across Wall Street investment banking firms, he was the President and CEO of LeBevCo Holdings, a global F&B operation. Now leading SFIO’s partnership initiatives in the United States, he leverages his decades of experience and network-building among F&B distributors, manufacturers, and brick-and-mortar businesses to strike and structure the strategic deals necessary for an impactful debut for Epiphany Cafe.

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“As we build momentum for Epiphany Cafe in New Zealand, Malaysia, and beyond, we continue to keep our sights trained on North America as our key market,” said Lacson. “We’re at an inflection point now in our growth journey—lining up strategic partners that share our vision. In the coming weeks, we’ll be sharing more news around our progress in that journey.”

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For media enquiries, please contact:

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Craymond Yeong, PR & Marketing Specialist

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Starfleet Innotech, Inc.
Phone: (+64) 21 0833 2966
Email: info@sfio.co.nz
Twitter: @SFIO_Inc
Facebook: @starfleetinnotech
YouTube: SFIO

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About Starfleet Innotech, Inc.

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Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration—SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the futures of its core industries.

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FORWARD LOOKING STATEMENTS

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The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. “Starfleet” that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleet’s management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleet’s business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.

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When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to Starfleet or Starfleet’s management, are intended to identify forward-looking statements. These forward-looking statements reflect the Starfleet’s views at the time such statements were made with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of Starfleet’s business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Starfleet’s competitors and the effects of competition in the food manufacturer and service sector, technology applications and components, and real estate development. Sales and property management on the demand for, and price of, Starfleet’s products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including mortality, pandemics, morbidity and longevity rates, persistency levels, Starfleet’s ability to identify, measure, monitor and control risks in Starfleet’s business, including its ability to manage and adapt its overall risk profile and risk management practices, its ability to properly price its products and services, including property development capital expenditures and establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond the Starfleet’s control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Starfleet expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.

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Source: https://finance.yahoo.com/news/epiphany-cafe-doubles-nz-locations-132500321.html