C-Bond
Systems'
Intellectual Property Portfolio
Valued at
$33.7 Million by Leading Global IP Valuation Firm
HOUSTON, TX -- October 7,
2019 -- InvestorsHub NewsWire -- C-Bond
Systems (the "Company"
or
"C-Bond") (OTC:
CBNT), a nanotechnology company that
improves and strengthens glass, announced today
that
global
intellectual property valuation firm. , independent,
has been valued
at $33.7 million by a leading portfolioits intellectual
property
The intellectual property
valuation encompassed
a review and
assessment of the Company's patented
nanotechnologies
including
C-Bond
NanoShield™, a windshield strengthening
solution, C-Bond BRS, a ballistic resistant film system, and
the
C-Bond
I
window film
mounting solution. The valuation also included
an
assessment of the Company's developed
technology for future applications including
solar panels, bottling, and consumer electronics.
C-Bond NanoShield™, available with and without a
hydrophobic (water repellent), is a glass strengthening liquid
that reduces windshield chipping and cracking. The product is
sprayed directly onto a windshield and then wiped off using a
squeegee. C-Bond NanoShield's unique technology repairs the
microscopic flaws
and defects that weaken the glass
composite structure and ultimately act as failure initiators. The
strengthening process begins immediately upon
application.
C-Bond BRS consists of the patented
C-Bond glass strengthening technology, which increases glass
strength and flexibility by chemically bonding to the defects
randomly distributed on the glass surface to help prevent
breakage, and a private-label
security film. C-Bond BRS is validated to provide NIJ
Level I, Level IIA, Level II, and UL 752 ballistic-resistant
protection by an independent
third-party
laboratory.
C-Bond I enhances window
film installation
and overall quality by improving the adhesion of the
window film to the glass to which it is applied and
eliminating
defects such as fogging. C-Bond I can be used with any film
manufacturer's product.
"C-Bond's robust and unique
intellectual property portfolio is what drew me to
the Company
almost two years ago," stated Scott R. Silverman, Chairman
and CEO of C-Bond. "This valuation
validates our technology platform and
the numerous opportunities our intellectual
property can
address.
Bolstered
with this
new
information,
we believe we will have
stronger
opportunities
to
collaborate with strategic partners and
investors."
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.
About
C-Bond
C-Bond
Systems,
Inc., headquartered in Houston,
Texas, is an advanced nanotechnology
company and sole owner, developer and manufacturer of the C-Bond
technology. C-Bond is a patent-protected
nanotechnology 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 bolstered
with this new information, we believe we will have stronger
opportunities to collaborate with strategic partners and
investors;
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 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 August 12,
2019, May 10,
2019,
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.
Contact:
Allison Tomek
C-Bond Systems
6035 South Loop
East
Houston, TX 77033
atomek@cbondsystems.com
Facebook:
https://www.facebook.com/cbondsys/
Twitter:
https://twitter.com/CBond_Systems
Instagram:
https://www.instagram.com/cbondsystems3/