HOUSTON, May 21, 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 is expanding the national distribution of C-Bond NanoShield Plus™ to the trucking industry. Through the Company’s new relationship with the Iowa 80 Group, C-Bond NanoShield Plus™ is now available at the World’s Largest Truckstop, Iowa 80 Truckstop, and Iowa80.com, the premier provider of aftermarket trucking accessories for professional drivers.
C-Bond NanoShield Plus protects and strengthens windshields by permeating the glass surface and repairing the microscopic flaws and defects randomly distributed all over the glass surface that ultimately initiate chipping and cracking. The product is sprayed directly onto a windshield and then wiped off using a squeegee. The strengthening process begins immediately upon application and continues while the material cures in the following days.
C-Bond NanoShield Plus also contains a hydrophobic to help improve driver visibility and reaction times in wet weather conditions. The integrated water repellent displaces moisture to help keep glass clear, an important safety benefit for drivers.
“With truck windshields averaging one replacement every year, C-Bond NanoShield Plus can provide a cost-effective solution to an expensive and recurring problem,” said Scott R. Silverman, Chairman and CEO of C-Bond Systems. “C-Bond NanoShield Plus helps reduce vehicle down-time to keep drivers productive.”
C-Bond NanoShield and C-Bond NanoShield Plus are tested and validated to strengthen glass through a patent-pending nanotechnology emulsion that increases impact resistance.
According to the Insurance Journal, windshield repair and replacement 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.
About Iowa 80
Iowa 80 TA Truckstop is located in Walcott, Iowa and is part of the Iowa 80 Group that also owns Joplin 44 Petro, Joplin, Missouri; Oak Grove 70 Petro, Oak Grove, Missouri; Kenly 95 Petro, Kenly, North Carolina; Effingham Chrome Shop, Effingham, Illinois; Truckomats in: N. Little Rock, Arkansas; Indianapolis, Indiana; Walcott, Iowa; Joplin, Missouri, Oak Grove, Missouri; Kenly, North Carolina; Hebron, Ohio; Oklahoma City, Oklahoma; CAT Scale Company, the Iowa 80 Trucking Museum and the IOWA80.COM mail-order trucking accessories catalog and e-commerce web site.
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 C-Bond NanoShield 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 and costing insurers an estimated $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 transportation 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 10-K filed on April 1, 2019, its Forms 10-Q filed on May 10, 2019, 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.