C-Bond NanoShield strengthens windshields and is a cost-effective solution for the No. 1 insurance claim in the U.S.
HOUSTON, Oct. 01, 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 it will launch direct-to-consumer (“DTC”) sales of C-Bond NanoShield™, through an e-commerce marketing expert, starting with Amazon.com. As part of its DTC campaign the Company also intends to sell C-Bond NanoShield through other targeted e-commerce sites as well as parts distribution warehouses.
C-Bond NanoShield strengthens glass through a patent-pending nanotechnology emulsion that improves glass safety by increasing impact resistance. C-Bond NanoShield is independently tested and validated and is available with or without a hydrophobic (water repellant). 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.
Applying C-Bond NanoShield to a windshield or other glass is quick and simple. The liquid solution that will be available at Amazon.com will come in a one-time use spray bottle. C-Bond NanoShield will be sold as a kit, allowing the consumer to apply it easily to his or her windshield in under 10 minutes. The product is sprayed directly onto a windshield and then wiped off using a squeegee, which will be included in the kit.
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. This process begins immediately upon application and continues while the material cures in the environment over the following days.
“The value proposition of C-Bond NanoShield is clear,” stated Scott R. Silverman, the Company’s Chairman and CEO. “Customers can strengthen their windshields making them more resistant to chipping and cracking, which are common and expensive problems. Given the costs of repairing and replacing windshields, we believe using C-Bond NanoShield to protect windshields is a no-brainer. There is no other product on the market that can do what C-Bond NanoShield does.”
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 the Company will launch direct-to-consumer sales of C-Bond NanoShield™ starting with Amazon.com; the likelihood that the Company also intends to sell C-Bond NanoShield through other targeted e-commerce sites as well as parts distribution warehouses; the likelihood that windshield repair and replacement are estimated to cost insurers more than $4 billion annually; the likelihood that the liquid solution that will be available at Amazon.com will come in a one-time use spray bottle; the likelihood that C-Bond NanoShield will be sold as a kit, including a squeegee; the likelihood that there is no other product on the market that can do what C-Bond NanoShield does; 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.
Contact:
Allison Tomek
C-Bond Systems
6035 South Loop East
Houston, TX 77033