GenFlat Holdings Announces New Member of Advisory Committee

Rhea-AI Summary

GenFlat Holdings (OTC Pink: GFLT), a pioneer in collapsible shipping container technology, has announced the addition of Sanjay Tejwani to its Advisory Committee. This appointment brings the committee's membership to seven, enhancing its expertise in various aspects of the logistics industry.

CEO Drew Hall emphasized that the advisory committee now includes professionals with extensive experience in ocean shipping, container leasing, rail, trucking, freight forwarding, retail, and third-party logistics. Tejwani's inclusion adds 30 years of experience in the Global Ocean Transportation & Logistics Industry, further strengthening GenFlat's strategic guidance capabilities.

Positive

• Addition of Sanjay Tejwani to the Advisory Committee, bringing 30 years of industry experience
• Expansion of the Advisory Committee to seven members, enhancing expertise across various logistics sectors

Negative

• None.

– Sanjay Tejwani to become seventh member of GenFlat Advisory Committee –

LONG BEACH, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- GenFlat Holdings, Inc. (OTC Pink: GFLT), the pioneer in collapsible shipping container technology is pleased to welcome Sanjay Tejwani as a new member to the Advisory Committee.

“Our advisory committee now comprises of professionals with decades of experienced in ocean shipping, container leasing, rail, trucking, freight forward, retail and third-party logistics,” said Drew Hall, Chief Executive Officer. “Sanjay brings with him thirty years of experience in the Global Ocean Transportation & Logistics Industry with leading organizations and is a well-known and respected industry leader.”

About Sanjay Tejwani

Sanjay Tejwani is the founder and CEO of 365 Logistics LLC, a Delaware, USA based organization providing Consulting, Recruitment & Offshoring services in the logistics industry. Prior to forming 365 Logistics LLC, Sanjay worked for thirty years in the Global Ocean Transportation & Logistics Industry with leading organizations such as A.P. Moller Maersk, DHL Global Forwarding, and DSV - Global Transport & Logistics in various leadership roles in Asia, Europe, and the Americas at country, regional, and global levels. Highly connected and respected in the industry, Sanjay is recognized as a prominent leader in Ocean Logistics. Sanjay is a graduate mechanical engineer from the National Institute of Technology, Jamshedpur, India.

“The GenFlat collapsible container is an enabler to reduce logistics operational costs, port congestion and carbon emissions, and increase the ability to carry loaded as well as empty containers on back haul trades. I am excited to be part of the team that is bringing this innovative solution to the logistics market.”

About GenFlat

GenFlat is a leading innovator in container technology, specializing in collapsible containers designed to revolutionize shipping logistics. With a commitment to sustainability and efficiency, GenFlat aims to reshape the future of container shipping, providing state-of-the-art solutions that optimize space utilization, reduce transportation costs, and lower carbon emissions. GenFlat manufactures containers with CIMC in Dalian, China. For more information visit www.genflat.com.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, those events and factors described by us under the caption "Risk Factors" included in our SEC filings and other risks to which our Company is subject.

For media inquiries or further information about GenFlat, please contact:

press@genflat.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a5a4bc2-2996-4ae1-bb26-7536b9427642

FAQ

Who is the new member of GenFlat Holdings' Advisory Committee?

Sanjay Tejwani has been announced as the new member of GenFlat Holdings' Advisory Committee.

What experience does Sanjay Tejwani bring to GenFlat Holdings (GFLT)?

Sanjay Tejwani brings 30 years of experience in the Global Ocean Transportation & Logistics Industry to GenFlat Holdings.

How many members are now on GenFlat Holdings' (GFLT) Advisory Committee?

With the addition of Sanjay Tejwani, GenFlat Holdings' Advisory Committee now has seven members.

What areas of expertise does GenFlat Holdings' (GFLT) Advisory Committee cover?

The Advisory Committee covers ocean shipping, container leasing, rail, trucking, freight forwarding, retail, and third-party logistics.