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Amfil Technologies Updates Shareholders on Snakes & Lattes’ Progress

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Toronto, ON, Sept. 02, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Amfil Technologies Inc. (OTC:FUNN) released the following statement today:

This summer has seen a marked improvement in sales, with our Toronto locations improving revenues by 80% in the last five weeks. Tempe is up nearly 70% over 2019 (pre-pandemic) levels, and they had their first monthly revenue total that surpassed $200k. Kudos to Susan and the team for driving revenue growth through the pandemic, and as they fill out the team, we are seeing operational improvements every day. Tucson has seen a nice increase in sales with the return of the U of A to in-person learning, and we have added trivia night, done welcome events with student housing near the restaurant, and added exclusive ticketed events and experiences for our guests to enjoy. Chicago’s revenue is up nearly 400% since April; they are adding team members and seeing robust interest in private dining and pop-up events. As Snakes & Lattes celebrates its 11th anniversary, we are very excited about the prospects for the next 11 and beyond!

We are excited to announce we’ve found a general manager for our new to open ‘Guelph’ location, and we are building out the rest of the team. Electrical work has been completed, and we’ve put in for our final inspections. At this point, everything we can control is done, so we are at the mercy of the inspectors. Hiring a General Manager last week was an important step to get us up and running. On that note, we are pleased to welcome Bradley Sivyer to the company!

Brad comes with a wealth of experience and a passion for tabletop games, as well as a keen enthusiasm for the project.

Ben Castanie, Snakes & Lattes founder, said, “Brad brings a wealth of experience from more structured, larger hospitality companies, which will be instrumental for our growth as a company.” Asked about the opportunity, Brad said, “I am most excited to open the Snakes & Lattes ‘Guelph’ location, as it provides an opportunity to combine years of experience providing hospitality with a pastime I have always enjoyed. Being in Guelph, where I attended University, is an added bonus! I’m looking forward to delivering a truly exceptional experience to our guests.” In addition to spending time with his two young sons, Brad enjoys running and writing D&D campaigns. Please join us in welcoming him to the team!

Snakes & Lattes ‘Guelph’ will mark the 7th brick and mortar location open to date. More to come!

Thank you and have FUNN,

Ben and Aaron

About Snakes & Lattes Inc.

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, 2 in Arizona (Tempe, Tucson) and 1 in Chicago, Illinois, with another set to open shortly in Guelph, ON. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, and is believed to be the largest in the world. Our board game cafes have the largest circulating public library of board games in North America for customers to choose from. For more information on Snakes & Lattes Inc., please visit the website at www.snakesandlattes.com.

For further updates from Snakes & Lattes and its parent company Amfil Technologies, Inc., please follow us on Twitter @AmfilTech

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.

Contact:
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500 2911
Email: ben@snakesandlattes.com