HOUSTON, Oct. 09, 2018 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology company that improves and strengthens brittle materials, announced today that C-Bond NanoShield™ has been nominated for a Dutch Innovation Award as international distribution and availability of the product grows throughout Europe, the Middle East, Australia and South Africa.
C-Bond NanoShield is a patent-pending nanotechnology emulsion that improves glass safety by increasing impact resistance. NNOCOATINGS, the Company’s distributor in the Netherlands that nominated C-Bond NanoShield for the innovation award, is currently running a pilot study using C-Bond NanoShield on over 50 Tesla Model X vehicles. Tesla automobile windshields employ advanced technology and can therefore be expensive to repair or replace. C-Bond NanoShield has been independently tested and validated and is a cost-effective solution that reduces windshield repair and replacement.
C-Bond’s international distribution partners are working to expand awareness and sales of C-Bond NanoShield through various industry verticals ranging from vehicle sales to rental agencies. C-Bond NanoShield is also available in the U.S. and the Company recently announced its plans to launch the product direct-to-consumer starting with Amazon.com.
“We are proud of the award nomination for C-Bond NanoShield, which we believe can result in meaningful savings on windshield repair and replacement costs,” stated Scott R. Silverman, the C-Bond’s Chairman and CEO. “As we continue to expand the distribution channel both domestically and internationally for C-Bond NanoShield, we expect to see the sales of this product grow in parallel.”
C-Bond NanoShield improves glass strength by permeating the glass surface and detecting the microscopic flaws and defects randomly distributed all over the glass surface. C-Bond NanoShield's unique technology then works to repair the identified surface imperfections that weaken the glass composite structure and ultimately act as failure initiators.
C-Bond has filed, licensed and/or acquired a total of 22 individual patents and patent applications spanning core and strategic nanotechnology applications and processes. C-Bond’s patent portfolio was developed in association with experts from Rice University in Houston, TX and Swansea University based in the United Kingdom.
About C-Bond
C-Bond Systems, Inc., headquartered in Houston, Texas, is an advanced nanotechnology company and sole owner, developer and manufacturer of the patented C-Bond technology. C-Bond’s nanotechnology product is scientifically tested and commercially proven to significantly increase the strength, safety and performance levels of glass and window film products. For more information visit us at www.cbondsystems.com, on Facebook, or Twitter.
Statements in this press release about our future expectations, including the likelihood that Company plans to launch the product direct-to-consumer starting with Amazon.com; the likelihood that C-Bond NanoShield can result in meaningful savings on windshield repair and replacement costs; the likelihood that as the Company continues to expand the distribution channel both domestically and internationally for C-Bond NanoShield, it expects to see the sales of this product grow in parallel; constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, C-Bond’s ability to raise capital; the Company’s ability to target the flat glass market; the Company’s ability to target the automotive market; the Company’s ability to successfully commercialize its products; as well as other risks. Additional information about these and other factors may be described in the Company’s filings with the Securities and Exchange Commission (“SEC”) including its Form 10-Q filed on August 14, 2018, and its Form 8-K filed on May 1, 2018, and in future filings with the SEC. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.