TORONTO, ON, Sept. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Amfil Technologies Inc. (OTC: AMFE) is pleased to announce that its wholly owned subsidiary, Snakes & Lattes Inc., has been awarded additional exclusive distribution rights in Canada for multiple new and highly popular board game titles. Further, we are pleased to provide an update on Snakes & Lattes Publishing SAS with regards to the manufacturing of the new, and highly anticipated game titles which are expected to hit store shelves in time for the holiday season.
Overview:
- Production has already commenced for the ‘IKAN’ and ‘Kill The Unicorns’ game titles, and ‘Red Panda’ is scheduled to go into production in the coming weeks
- Production is expected to be completed within the original time-frame allowing for the fulfilment of the high volume of pre-orders received, including the recently announced purchase order from Wal-Mart for 10,000 units of each title which are expected to hit store shelves in time for the 2018 Holiday Season.
- Snakes & Lattes has been awarded new Exclusive Distribution Rights in Canada for a number of popular and well sought-after game titles. These game titles add to the ever-growing list of exclusive distribution rights already held by the Company.
- Snakes & Lattes Logistics Division remains busy after successfully completing over 40 fulfillment campaigns for our customers throughout July-August with a high volume of game titles shipped.
Snakes & Lattes Inc. has received Exclusive Distribution Rights in Canada for the ‘Bananagrams’ product line which consists of well-established titles and has been thriving in the market for over a decade. Bananagrams has sold millions of copies in the last few years, is highly popular with over 100,000 followers on Facebook and has an impeccable rating of 4.8 out of 5 on Amazon.com. Bananagrams has always been a staple game enjoyed at the Snakes & Lattes Board Game Cafés, so the team is extremely excited about the new partnership! The additional Bananagrams game titles, such as ‘Fluff’, ‘Scrawl’, and many others from their product lines see high levels of play and recommendation within our café locations. The games are also highly popular as learning resources with educators and teachers across North America.
The Company’s goal for the Banagrams partnership is to further develop the brand in Canada while putting emphasis on the newer games in the product line. Snakes & Lattes has received the exclusive distribution rights to the following Banagrams game titles;
- Bananagrams
- Bananagrams (French Edition)
- Bananagrams Big Letter
- Fluff
- My First BNG
- Qwordie
- Scrawl
- And many more
Amfil Technologies Inc. completed the all-cash acquisition of game-publisher ‘Morning’ in May 2018, then proceeded to incorporate ‘Snakes & Lattes Publishing SAS’. Production is underway for 2 of Morning’s highly anticipated games which were funded and fueled by Kickstarter crowdfunding campaigns prior to the acquisition. Game titles ‘IKAN’ and ‘Kill The Unicorns’ have entered the production stage, with the third title, ‘Red Panda’ expected to commence production In the coming weeks.
Once production of the highly anticipated game titles is completed, the Kickstarter backers will receive the first copies. The Company will then move forward with fulfilling the high volumes of pre-orders and purchase orders received, including the recently announced purchase order from Wal-Mart for over 10,000 copies of each of the newly published game titles. These game titles are expected to be shipped, delivered, and on store shelves in time for the 2018 Holiday Season. The Company expects the next few months leading up to the Holiday Season to be key for the promotion, launch, and sale of the newly published game titles.
The Distribution/Fulfillment/Logistics Division of Snakes & Lattes continues to thrive, recently completing over 40 campaigns for various customers. Canadian fulfillment through Kickstarter is at an all-time high and the company is continuously working to expand and improve upon its historical results. The distribution division recently shipped over 10,000+ games, generating revenues in excess of $200,000 USD from those orders. Distribution typically sees a significant volume spike in the second half of the Calendar Year (End of Fiscal Q1 -Q2) and the Division is currently getting amped up for the holiday rush, preparing for high volumes of fulfillment and distribution of the company’s vast array of exclusively distributed game titles. Updates relating to the success of this business division will be provided moving forward and results will be appropriately reflected on the audited quarterly reports that follow.
The Company’s growth and expansion strategies continue to bear fruit, with a number of exciting and value-adding initiatives progressing behind the scenes for all subsidiaries. Further updates from the company, and its related subsidiaries can be expected in the coming days.
For more information regarding the company, please visit www.amfiltech.com and follow us on Twitter for further updates @AmfilTech.
For more information on Snakes & Lattes Inc. please visit www.snakesandlattes.com
For more information on GRO3, please visit http://gro3systems.com/
For more information on Natural Stuff Inc., please visit https://www.naturalstuffinc.com/
For more information on Interloc-Kings Inc., please visit http://www.interloc-kings.com/
About Us:
Amfil Technologies Inc. is the parent company to four wholly owned subsidiaries.
1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario that brought in over $8M USD in revenue last year. The company is in the process of franchising throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and have the largest circulating public library of board games in North America for customers to choose from. Snakes & Lattes Inc. currently has a 100+ member staff and recently acquired the exclusive distribution rights throughout Canada for some of the most popular board games in the world. The company also operates a lucrative fulfillment and distribution division and has recently entered into the board game publishing business which is expected to add significant revenues to the bottom line. For more information on Snakes & Lattes Inc. feel free to visit the website at www.snakesandlattes.com.
2). The EcoPr03 GRO3 Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility's water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use pesticides and/or dangerous, often carcinogenic products to treat production problems, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems and could potentially allow for a facilities process to be labeled certified organic in the U.S.A. when the crop is no longer considered illegal on the federal level, otherwise "Clean Green" or "Certified Kind" in the meantime. The EcoPr03 GRO3 Antimicrobial System recently passed product review by a registered USDA certifying agent for use in California as well as Pennsylvania and surrounding states. The subsidiary has developed a strategic partnership with Roto Gro, the creator of proprietary rotary hydroponic technology. More information on this product line can be found on the www.gro3systems.com website or on twitter @GRO3Systems.
3). Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area. This subsidiary is an authorized Unilock installer, Unilock being, North America's premier manufacturer of concrete interlocking paving stones and segmental wall products. Interloc-Kings Inc. has an A+ Rating with the Better Business Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in stone and wood installations between $5,000 and $150,000 per project, Interloc-Kings Inc. has quickly become a top, high quality installation company of outdoor living areas in the GTA. More information on this subsidiary can be found at the website www.interloc-kings.com.
4). Natural Stuff Inc. For over 20 years, Natural Stuff Inc. has been distributing high-quality, value products. Since 1994, the business and delivery system have been satisfying grocery, chain, discount department, and convenience store customers. Wholesalers, vending and catering services are some of our best clients. Natural Stuff Inc. is always searching for new and exciting snack food & drink products to boost in-store sales and drive business.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should,", "will", "expect," "anticipate," "believe," "estimate," "confident," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.