C-Bond Systems’ C-Bond NanoShield Reduces Windshield Damage on 20 Tesla X Vehicles in Independent Test in the Netherlands
At the end of the study, none of the vehicles had any damage requiring windshield repair or replacement
HOUSTON, Oct. 23, 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 its C-Bond NanoShield™ glass strengthening solution reduced windshield damage in an independent test on 20 Tesla X vehicles in the Netherlands. The goal of the study was to reduce windshield damage by applying C-Bond NanoShield.
The test was conducted from May 8, 2018 to September 25, 2018, and C-Bond NanoShield was applied to the windshields of 20 Tesla X vehicles from a 54-vehicle fleet. During the 4 ½ month period, the 20 Teslas drove more than 1 million kilometers and were checked every 14 days for windshield damage. At the end of the test period, no damage requiring repair or replacement of the windshield was reported.
In the six months prior to the test, three windshields costing €1800 each from the 54-vehicle fleet had to be replaced because of breakage. Thoms Automotive, which applied the C-Bond NanoShield during the original test, has now received an order to treat the remaining 34 Tesla X with C-Bond NanoShield.
“This is yet another validation that C-Bond NanoShield works, and the resulting return on investment for customers can be significant,” said Scott R. Silverman. “In this case and for many other vehicles that use advanced technology in their windshields, C-Bond NanoShield can dramatically lower windshield repair and replacement costs, which are the number one claim for the automobile insurance industry.”
The independent test was conducted at BIOS-groep in the Netherlands. Tesla, Inc. did not participate in the test or evaluation of C-Bond NanoShield.
About C-Bond
C-Bond Systems, Inc., headquartered in Houston, Texas, is an advanced nanotechnology company and the 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 C-Bond NanoShield can dramatically lower windshield repair and replacement costs, which are the number one claim for the automobile insurance industry, 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 automobile industry; the Company’s ability to target the flat 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-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 atomek@cbondsystems.com
Released October 23, 2018
