SCHAUMBURG, Ill., March 22, 2017 /PRNewswire/ -- DOCASA, Inc. (OTCQB: DCSA), through its award-winning subsidiary Department of Coffee and Social Affairs in the United Kingdom ("UK"), has announced the opening of a new workplace coffee shop at the offices of a leading Fortune 500 company in Canary Wharf.
Since 2014, Department of Coffee and Social Affairs has been serving coffee to working professionals through its two existing workplace coffee shops in Soho, London. The UK-based coffee company has opened its third workplace coffee shop in London's financial district, Canary Wharf. Department of Coffee and Social Affairs is now open and available to over 1,400 staff and their visitors at the Canary Wharf and Soho office sites every working day of the year.
According to a study by the National Automatic Merchandising Association (NAMA), 90 percent of employees are more productive if they can get a beverage they want at work. The study has also shown that 91 percent of employees believe that a hot-beverage break is a good way to reduce stress before starting a new activity and saw an increase in employee satisfaction after such a break. In addition, four out of five employees preferred better coffee options at work, and having such an option makes them less likely to want to leave the office.
DOCASA, Inc. President & CEO, Ashley Lopez said, "We have identified a unique niche in providing workplace coffee shops in the offices of blue chip multi-national businesses and will continue to target such opportunities. To be able to open in Canary Wharf a third one of these workplace coffee shops is a validation both of our brand and of the demand for our quality coffee and food offerings within the working environment. Sources within the organization tell us their staff's daily interactions have increased significantly and that additional revenues are being generated."
About DOCASA, Inc.
DOCASA, Inc. is focused on the investment in a rapidly growing specialty coffee market principally in the United Kingdom. Through its subsidiary, Department of Coffee and Social Affairs Ltd., headquartered in London, England, it has established and is growing an award-winning, market leading UK specialty coffee shop and online retail business. DOCASA is also pursuing the franchising and/or licensing of its branded shops and premium product offering outside of the UK to countries where the premium coffee market is rapidly expanding. DOCASA continues to review opportunities in the broader international coffee market.
For additional information, please contact:
Maryam Mazraei, Communications Director
Tel: +44 (0) 20 7287 4176
Forward looking statement:
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE DOCASA, Inc.