RCS - Oceansix Future Path - Oceansix Unveils Game-Changing Patent

Oceansix Future PathsAnnouncement

15/02/2024 15:00

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RNS Number : 3202D  Oceansix Future Paths Ltd  15 February 2024

 oceansix future paths Ltd. / Key word(s): Sustainability/Corporate Action

Oceansix Unveils Game-Changing Patent for Next-Gen Reusable Packaging System

15.02.2024 / 14:00 CET/CEST

The issuer is solely responsible for the content of this announcement.

Oceansix Files Provisional Patent for Groundbreaking Packaging System

 Tel Aviv, Israel, February 06, 2024 - oceansix Future Paths Ltd. ("the Company
 "or "oceansix (https://www.oceansix.com/) ") is a publicly-traded Company on
 the TSX Venture Exchange in Toronto (TSXV: CUSIP 001194828, OSIX), in New York
 (OTCQB: AKMYF), and Frankfurt Stock Exchange (WKN: A3EFB0, ISIN: IL0011948283,
 5FC0). oceansix is a technology and manufacturing company on an environmental
 mission, using plastic waste to create innovative products and build
 transformative businesses. The company is headquartered in Israel and operates
 a research and development centre and a production facility in Valencia,
 Spain.

 Oceansix Announces the Filing of a Provisional Patent Application for an
 Innovative Package System

 With a continuous commitment to executing its business plan, oceansix marks a
 significant milestone in its journey towards revolutionising e-commerce
 packaging. Filed earlier this year, this invention is poised to set new
 standards in packaging efficiency and reusable systems.

 Innovative Design for Sustainable Impact

 The package, conceptualised by inventor Gat Ramon, features a unique design
 that addresses the pressing environmental concerns of traditional single-use
 packaging. It also solves the critical challenges companies face in ensuring
 the protection of their items during transit without adding excessive weight
 or bulk, thereby optimising shipping efficiency.

 The packaging is also engineered to adapt to various product sizes,
 eliminating the need for excess cushioning materials and significantly
 reducing waste. With its ecological nature, it was designed to be manufactured
 from recycled materials and to be reused for up to 100 cycles; therefore, it
 fully aligns with oceansix's mission to foster sustainable practices across
 industries, particularly businesses where packaging and e-commerce are at
 their highest peak.

 Addressing E-Commerce Challenges

 Oceansix's package is specifically designed to mitigate the environmental
 impact of e-commerce, targeting the waste generated by cardboard and plastic
 materials. The project aims to reduce CO2 emissions and enhance reverse
 logistics efficiency and cost-effectiveness, offering a scalable and
 automated-compatible solution that incorporates future features like real-time
 location tracking and unique identification with smart locking.

 Oceansix Joins TheCircularLab's goCircular Radar for Circular Economy Excellence

 Oceansix is honoured to announce its inclusion in the goCircular Radar
 (https://radar.thecircularlab.com/en/)  by TheCircularLab, Europe's
 pioneering circular economy innovation centre. This distinction places
 oceansix on the map of leading startups in Europe's circular economy sector,
 highlighting the reusable packaging project's potential and opening avenues
 for collaboration.

 Oceansix Enhances Strategy with Expert Collaboration and New Incentive Options

 In addition to our recent announcement about the packaging system, oceansix
 has granted 300,000 options to a consultant, with a strike price of CAD 0.29,
 valid for five years. This initiative is a key component of our broader
 strategy to collaborate with experts whose insights and expertise are vital in
 propelling our mission forward.

 Join Oceansix

 Oceansix invites stakeholders, partners, and the global community to join in
 its vision of creating impactful and sustainable solutions.

 For more information about oceansix and its pioneering projects, please
 visit oceansix.com (http://www.oceansix.com/)  and connect with us
 on LinkedIn (https://www.linkedin.com/oceansix/) .

 Best regards

 Elad Hameiri, CEO | +34 673 435 571

 oceansix future paths Ltd

 Investor Relations

 In (mailto:%20investors@oceansix.com) vestors
 (mailto:%20investors@oceansix.com) @oceansix.com
 (mailto:maximilian@oceansix.com)

About oceansix

 oceansix Future Paths Ltd. is a leader in developing radical, sustainable
 solutions and transforming waste into innovative products. Driven by a
 circular model and a vision to tackle some of Earth's most pressing
 challenges, oceansix combines advanced technology with sustainable practices
 to create meaningful solutions and successful global businesses.

 Disclaimer

 This press release may contain forward-looking statements based on current
 expectations and assumptions, subject to risks and uncertainties. Actual
 results may differ materially from those anticipated in these statements.
 oceansix assumes no obligation to update or revise any forward-looking
 information.

 Approval & Accuracy

 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 this release.

15.02.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News
 - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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1837657  15.02.2024 CET/CEST

 

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