SPoT Coffee (Canada) Ltd.

SPoT Coffee (Canada) Ltd.

September 18, 2013 07:30 ET

SPoT Coffee Announces Cafe Build-Outs, Upgrades and Improvements

TORONTO, ONTARIO--(Marketwired - Sept. 18, 2013) - SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to provide an update on the build-out of its three new cafés, namely SPoT Orchard Park, NY, SPoT Glens Falls, NY, and SPoT Coral Gables, Florida.

The construction of SPoT Orchard Park, located in the heart of the Orchard Park, NY community, is progressing on schedule. The construction involves interior and exterior renovations of a historic two-story building. In addition, SPoT is working with adjoining property owners and has agreed on demolition and redevelopment of the adjacent property. This demolition and conversion will enhance the café's presence in the Village's "Four Corners" by increasing SPoT Orchard Park's visibility and allowing for an enlarged patio.

Rosch Brothers Inc., an established NY general contractor who has been undertaking numerous high visibility historical and commercial projects in the State of New York since 1922, has been awarded the contract to build-out SPoT Glens Falls, located in scenic Glens Falls, NY.

Furthermore, all necessary building and "Change of Use" permits have been obtained for SPoT Coral Gables, SPoT Coffee's second licensed café in Florida. The Company's management is presently receiving final construction bids for this café from selected local general contractors.

Together with its ongoing cafe development program, the Company's management have intensified their focus on certain marketing initiatives which include a more comprehensive customer loyalty program, updated packaging for its retail coffee, and the introduction of new product lines.

"This is an exciting time in SPoT's growth," said SPoT Coffee's President Anton Ayoub, "Now that the closure of SPoT Park Place in Q2 is behind us, we are moving forward with our original café development program and marketing initiatives. We are confident that the café development program, the introduction of stronger and more effective marketing initiatives for in-store and retail sales, as well as the development of new product lines will have a positive impact on our Company's operations and expansion plans."

About SPoT Coffee

SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds and operates community oriented cafés that provide its customers with the highest quality service, signature made-to order meals and the world's finest in-house roasted gourmet coffee. Each SPoT café is distinctively designed to meet the uniqueness of the local neighborhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on retail stores, business accounts and third party resellers such as universities and hospitals.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

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