HOUSTON, Feb. 26, 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 will hold an investor call on Tuesday, March 5, 2019, at 10:30 am EST to discuss its 2019 business opportunities and recent developments. The call will be led by the Company’s Chairman and CEO, Scott R. Silverman, and its President and COO, Vincent Pugliese.
Conference Call Information
To participate in the live call, please dial (877) 407-3103 within the U.S. or (201) 493-6791 internationally. There is no conference ID for the live call. For those unable to participate in the live call, a replay will be available from March 5, 2019 at approximately 1:00 pm EST to March 12, 2019 at 11.59 pm EDT. For the replay, dial (877) 660-6853 (U.S.) or (201) 612-7415 (international) and use conference ID: 13688152.
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.
C-Bond BRS is a bullet-resistant film system that increases the structural integrity of glass through nanotechnology. It is installed on the building glass at more than 70 schools across the U.S. and other high-security facilities. The system consists of the patented C-Bond glass strengthening technology and a private-label security film. validated to provide NIJ Level I, Level IIA, Level II, and UL 752 ballistic-resistant protection by a third-party laboratory.
About C-Bond
C-Bond Systems, Inc., headquartered in Houston, Texas, is a nanotechnology solutions company that improves and strengthens glass. It is the 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, Twitter, or LinkedIn.
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; 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.