C-Bond Systems Receives Over $1 Million of Orders During the First Two Weeks of October
This includes a $300,000 order for a major oil company for C-Bond’s bullet-resistant system, C-Bond BRS
SAN ANTONIO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a developer and marketer of glass strengthening solutions for enhanced safety, announced today its Patriot Glass Solutions division has received more than $1 million of orders during the first two weeks of October. The newest order, for a major oil company, is in excess of $300,000 for C-Bond BRS (ballistic-resistant film system). Installation for the oil company’s facility in Houston is expected to start this quarter.
Patriot Glass Solutions offers forced entry-resistant security film and ballistic-resistant film systems. C-Bond BRS includes C-Bond’s patented glass strengthening technology and multiple layers of security film on specified glass to help stop bullets from penetrating the glass. C-Bond BRS is certified by third party labs to meet National Institute of Justice Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection standards.
C-Bond Secure, the Company’s forced entry-resistant security film system includes C-Bond’s proprietary glass strengthener, which is applied directly to the window prior to the application of window film to increase the strength and flexibility of the underlying glass. When used in conjunction with security film, C-Bond Secure delays forced entry, giving law enforcement or other security personnel more time to lead those inside a facility to safety.
Scott R. Silverman, Chairman and CEO of the Company, said, “Just last week we announced orders exceeding $750,000 for the first week of October, and we are proud to have won another $300,000 order last week. Our team is working diligently to bid on new jobs and complete installations for continued momentum throughout the fourth quarter of 2023 and beyond.”
To see a demonstration of Patriot Glass Solutions’ security products, watch our video at: https://bit.ly/3l93oZV. Patriot Glass Solutions is led by Michael Wanke, who is the principal operator of the Company’s majority-held A1 Glass Coating subsidiary, based in San Antonio. For more information about Patriot Glass Solutions’ products, please call 844-602-2663 or email mike@patriotglasssolutions.com.
About C-Bond
C-Bond Systems, Inc. (OTC: CBNT) is a San Antonio-based nanotechnology company and marketer of the patented C-Bond technology, which is proven to strengthen glass for architectural applications. The Company’s Patriot Glass Solutions division sells ballistic-resistant glass solutions and forced entry deterrent solutions to private enterprises, schools, and government agencies, primarily through its majority-owned subsidiary, A1 Glass Coating. For more information, please visit our websites: www.cbondsystems.com, www.patriotglasssolutions.com, Facebook: https://www.facebook.com/cbondsys/ and Twitter: https://twitter.com/CBondSys and https://twitter.com/Patriot_Glass.
Forward-Looking Statements
Statements in this press release about our future expectations, including the likelihood that the installation for the oil company’s facility in Houston is expected to start this quarter; the likelihood of continued momentum throughout the fourth quarter of 2023 and beyond; 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, the Company’s ability to successfully commercialize its products; the Company’s and its customers’ ability to source materials; construction delays; film delays; the Company’s ability to raise capital; regulatory risks; 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 March 31, 2023, its Forms 10-Q filed on August 14, 2023, May 15, 2023, and November 14, 2022, 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 atomek@cbondsystems.com
Released October 16, 2023
