HOUSTON, Jan. 08, 2019 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology company that improves and strengthens brittle materials, announced today it has received notice that “C-Bond NanoShield” has been approved by the United States Patent and Trademark Office (“USPTO”) as a registered trademark. C-Bond NanoShield™ is a glass strengthening solution that protects windshields against chipping and cracking caused from rocks and other road debris.
C-Bond NanoShield, available with or without a hydrophobic (water repellent), improves glass strength and safety by permeating the glass surface and detecting the microscopic flaws and defects randomly distributed all over the glass surface. The product is sprayed directly onto a windshield and then wiped off using a squeegee. 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 of windshield chipping and cracking. The strengthening process begins immediately upon application and continues while the material cures in the following days.
“We believe the registration of the C-Bond NanoShield trademark with the USPTO will help strengthen the product’s branding in commercial and consumer markets,” said Scott R. Silverman, C-Bond’s Chairman and CEO. “By further establishing and validating the C-Bond NanoShield brand we believe we can improve awareness and ultimately growth of the product.”
C-Bond NanoShield is tested and validated to strengthen glass through a patent-pending nanotechnology emulsion that improves glass safety by increasing impact resistance. 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.
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 this registration helps strengthen C-Bond NanoShield’s branding in commercial and consumer automotive markets; the likelihood that by further establishing and validating the C-Bond NanoShield brand the Company can improve awareness and ultimately growth of the product; 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 November 14, 2018, and August 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.