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Oceansix Future PathsAnnouncement

30/05/2024 15:15

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RNS Number : 5086Q  Oceansix Future Paths Ltd  30 May 2024

 RePack by oceansix Selected to Participate in the Amazon Sustainability
 Accelerator

EQS-Media / 30.05.2024 / 14:00 CET/CEST

 RePack by oceansix Selected to Participate in the Amazon Sustainability
 Accelerator

 Tel Aviv, Israel May 30, 2024 - oceansix Future Paths Ltd. ("oceansix" or the
 "Company"), a leader in advanced recycling and manufacturing technological
 solutions, and its recent acquisition, RePack, a leading provider of reusable
 packaging solutions, are pleased to announce RePack's selection to participate
 in the prestigious Amazon Sustainability Accelerator. This recognition
 highlights RePack's innovative approach to tackling the single-use packaging
 challenge and marks a significant milestone in its mission to revolutionise
 e-commerce deliveries.

 oceansix is listed on the TSX Venture Exchange in Toronto (TSXV: OSIX), in New
 York (OTCQB: AKMYF), and on the Frankfurt Stock Exchange (WKN: A3EFB0, ISIN:
 IL0011948283, 5FC0). This acquisition aligns with oceansix's commitment to
 advancing sustainable technologies and expanding its portfolio of innovative
 solutions.

 A Global Recognition for RePack's Vanguard Solutions

 Chosen from hundreds of applicants worldwide, RePack will join 14 other
 pioneering European companies in the third edition of the Amazon
 Sustainability Accelerator. The selected companies will participate in a
 comprehensive four-week Program that offers an unparalleled platform to
 enhance business operations, pilot innovative technologies with Amazon, and
 establish strategic partnerships.

 Unmatched Opportunities for Growth and Innovation

 Participants will benefit from expert-led workshops, specialised mentorship,
 and access to a robust network of entrepreneurs in the sustainability and
 logistics sector. They will also have the opportunity to pitch their
 innovative solutions for potential trials within Amazon's European operations,
 with the possibility of earning up to €2 million in financial support.

 Peter Peltonen, RePack's COO, stated, "Being selected for the Amazon
 Sustainability Accelerator is a key achievement for RePack. This Program will
 not only help us scale our solutions but also refine our strategies with
 guidance from industry leaders in logistics and e-commerce. Working with
 reusable packaging providers aligns perfectly with Amazon's commitment to
 achieving net-zero carbon emissions."

 Aligning Innovations for a Circular Vision

 RePack will collaborate closely with Amazon's Sustainability, Climate Pledge
 Fund, and Climate Pledge Friendly teams. This collaboration aims to align
 RePack's innovations with Amazon's ambitious sustainability objectives,
 providing tailored support to accelerate progress.

 Elad Hameiri, CEO of oceansix, added, "We are pleased for the recognition of
 RePack's innovative solutions by an industry leader such as Amazon and thank
 the Amazon Sustainability Accelerator committee for the trust in our team.
 This partnership aligns perfectly with our mission to advance circular
 services for packaging deliveries and we're confident that RePack's
 participation will drive significant progress in sustainable packaging
 solutions, setting new standards for the industry."

 RePack looks forward to leveraging this opportunity to expand its impact and
 contribute to a more sustainable and circular future.

 About oceansix

 oceansix Future Paths Ltd. remains at the forefront of creating sustainable
 solutions that not only convert waste into valuable products but also advocate
 the principles of a circular economy. Oceansix's unwavering commitment to
 sustainability is intensified by its strategic alliance with RePack,
 magnifying its impact on global environmental challenges.

 About RePack

 RePack is more than just another reusable packaging supplier; they're pioneers
 in revolutionising the way businesses approach packaging. Rather than simply
 selling packaging repeatedly, RePack is dedicated to establishing efficient
 reuse systems that eliminate the need for companies to constantly replenish
 their packaging supplies.

 RePack's mission is clear: to provide innovative reusable packaging solutions
 that not only shrink the environmental footprint of deliveries but also
 elevate the overall customer experience.

 Disclaimer

 This press release might include forward-looking statements based on current
 expectations and projections about future events. Generally, forward-looking
 statements and information may be identified by formulations using terms such
 as "expects", "aims", "anticipates", "intends", "plans", "believes", "seeks",
 "estimates" or "will".These are subject to risks, uncertainties, and changes
 in circumstances that may cause actual results to differ materially from those
 expressed or implied by such statements. In this press release, forward
 looking statements include statements regarding reducing the reliance on
 single-use packaging in e-commerce deliveries; the issuance of the balance of
 Shares; and receiving Exchange approval for closing the Acquisition. oceansix
 undertakes no obligation to publicly update any forward-looking statement,
 whether as a result of new information, future events, or otherwise.

 Approval & Accuracy

 Neither TSX Venture Exchange nor its Regulation Services Provider (as defined
 in the policies of the TSX Venture Exchange) assumes responsibility for the
 adequacy or accuracy of this press release.

 Best regards

 Elad Hameiri, CEO

 oceansix future paths Ltd

 Investor Relations

 RB MilestoneGroup LLC (RBMG) (mailto:%20investors@oceansix.com)

 oceansix@rbmilestone.com (mailto:oceansix@rbmilestone.com)

 End of Media Release

Issuer: oceansix future paths Ltd.

Key word(s): Environment

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