MINDEN, Nev.--(BUSINESS WIRE)--DTS8 Coffee Company, Ltd. (OTCQB:BKCT)(BERLIN:9BE) announced today that the new management team, led by CEO Douglas Thomas, is introducing an enhanced roasted coffee market expansion strategy in China to select channels including recently identified restaurant chains and locally owned and operated coffee shops. Expanding on delivery of our successful combination of premium roasted coffee, superior customer service, and private labeling, into these newly identified distribution channels will further accelerate future revenue growth.
Mr. Thomas, DTS8 CEO, said: “This new expansion strategy will allow us to continue to grow not only in a controlled, but an accelerated manner. We are committed to this new plan for expansion of the DTS8 Coffee brand which will at the same time expand the quality reputation of our private label brands.”
DTS8 Coffee Company, Ltd. (“DTS8”) is a leading purveyor of fresh, artisan roasted, and gourmet coffee in Shanghai, China. DTS8 roasts, markets and wholesales its “DTS8 Premium,” “Single Origin Premium,” “Don Manuel,” and “Private Label” brands in Shanghai and other cities in China. DTS8 coffees are well regarded by consumers for their uniqueness, consistency and special flavor characteristics, and are sold through distribution channels reaching consumers at restaurants, multi-location coffee shops and offices. Visit us at www.dts8coffee.com.
Except for the historical matters contained herein, statements in this press release contain “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties, which may affect DTS8’s current and future business and prospects. Actual results could differ materially, as a result of various risk factors including but not limited to: (1) competition in the markets for DTS8’s coffee; (2) the ability of DTS8 to execute its business plan; and (3) other factors detailed in DTS8’s public filings with the SEC. By making these forward-looking statements, DTS8 can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with DTS8’s Annual Report on Form 10-K and its other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, and other risks associated generally with the coffee business. These forward-looking statements are not guarantees of future performance.