HOUSTON, Feb. 12, 2019 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company that improves and strengthens glass, announced today that it has been awarded U.S. Patent No. 10,155,877 B2, Materials, Treatment Compositions, and Material Laminates, with Carbon Nanotubes (the “Patent”), for its solution for strengthening material compositions such as windshields and hurricane glass.
C-Bond’s newest Patent protects its solution for strengthening materials, increasing sustainability, increasing structural integrity, increasing impact resistance and improving adhesion of glass material for laminated structures. These laminated structures include laminated glass such as windshields and hurricane glass.
The Patent also includes the application of laminated layers of window film on a glass surface as in the case of the Company’s C-Bond BRS application, which is a ballistic-resistant window film system for securing schools and other facilities. The composition of the C-Bond solution may include the use of carbon nanotubes to provide additional structural integrity. In addition to improving adhesion of laminated materials, the Patent describes no impact on the structure related to optical transmission or increased thickness.
The Company’s flagship product, C-Bond NanoShield™, is a liquid solution that 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. The product is sprayed directly onto a windshield and then wiped off using a squeegee. It is a cost-effective solution that reduces windshield repair and replacement, which, according to the Insurance Journal, is the number one insurance claim in the United States, representing 30% of auto insurance claims. This is estimated to cost insurers more than $4 billion annually.
“We are extremely proud of the strength of our intellectual property, much of which was co-developed by renowned nanotechnology experts at Rice University,” said Scott R. Silverman, C-Bond’s Chairman and CEO. “As we expand the applications of our technology, having the appropriate protections around our inventions is key to set us apart from potential competitors.”
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 is the ONLY patent-protected nanotechnology product that 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 windshield repair and replacement is the number one insurance claim in the United States, representing 30% of auto insurance claims and costing insurers more than $4 billion annually; the likelihood that as we expand the applications of our technology, having the appropriate protections around our inventions is key to set us apart from potential competitors; 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 automotive glass 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 8-K filed on May 1, 2018, its Forms 10-Q filed on August 14, 2018 and November 14, 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.