SFIO Announces 2022 Roadmap, Following Successful Year of Acquisitions and Restructuring

NEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Starfleet Innotech, Inc. (OTC: SFIO-Smokefree Innotec, Inc.), a leading asset management company and innovation group, is pleased to share details around its pending name change to Starfleet Innotech, Inc., its ongoing transformation initiatives, and its progress towards uplisting to the Nasdaq within the next three years.

Dear shareholders and valued business partners,

This letter marks my first time addressing you all in 2022, and perhaps the final time I will be addressing our community under the name Smokefree Innotec, Inc. In the weeks to come, we hope to receive final confirmation on our proposed name change to Starfleet Innotech, Inc.—a company name I believe truly captures our mission of innovating across new frontiers. It’s a step my team and I could not be more excited about.

When we began developing our plans for a network of innovative companies working in conjunction to explore new frontiers of innovation, we couldn’t help but draw inspiration from the sci-fi classics we grew up with. As Starfleet, we’re leading this new alliance, sharing knowledge and resources to help our businesses boldly go where none of their industries have gone before.

The name change will be a fitting start to 2022, following a big year of restructuring for SFIO. As we continued to grow our global portfolio of companies throughout 2021, we embarked on a series of vertical and horizontal integrations to best consolidate our resources, resulting in a more efficient, more productive, and ultimately more profitable family of businesses operating across a shared, streamlined supply chain. Today, SFIO’s three core divisions—F&B, Real Estate, and Technology—represent a clear, coherent strategy for growth over the next three years.

The Food and Beverage division was a consolidation of the businesses that comprised our international supply chain powering brands like our flagship enterprise Epiphany Cafe. These consisted of firms across food, franchising, coffee, and beverage solutions. To date, we’ve established partnerships with wholesale bakeries and food commissaries; developed better supply chain management, logistics, and administrative systems; localized our franchising and license procurement strategies; and forged new distribution channels for our coffee and beverage solution products.