C-Bond Systems Inc (CBNT)

[beer$$money]

Company Signs C-Bond NanoShield Private Label Supply Agreement with Premier Provider of Vehicle Protection Solutions to Thousands of Automotive Dealerships Nationwide

HOUSTON, July 22, 2020 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, announced today that it has entered into a private label supply agreement with a leading national vehicle protection solutions provider to sell a private label version of C-Bond NanoShield as part of a windshield warranty package currently being sold in thousands of automotive dealerships across the United States.

C-Bond NanoShield technology protects and strengthens windshields by permeating the glass surface and repairing the microscopic flaws and defects on the glass that ultimately initiate chipping and cracking. The strengthening process begins immediately upon application and continues while the material cures in the following days. The product provides long lasting protection from rapidly increasing windshield repair costs associated with the rise of ADAS sensor technologies.

“This is an important relationship for C-Bond – and the second significant private label agreement announced this week – as it provides an opportunity to quickly propel sales of our windshield strengthening product to dealerships throughout the United States,” said Scott R. Silverman, Chairman and Chief Executive Officer of C-Bond Systems. “With the support of our partner and access to their robust sales channel, we have the ability to introduce this best-in-class product in new markets, which we believe can drive long-term growth for C-Bond and its shareholders.”

C-Bond NanoShield is tested and validated to strengthen glass through a patent-pending nanotechnology emulsion that increases impact resistance. C-Bond NanoShield features the same glass strengthening technology as C-Bond Secure.

https://ir.cbondsystems.com/press-releases/detail/81/c-bond-systems-enters-into-supply-agreement-with-leading