Patent No. 10,273,347, Nano (Multifunctional) Solutions for Glass and Glass Products: Heterogeneous Nano-Self-Assembly and/or Coating, protects the Company’s technology that uses nanoparticles to heal the flaws found in glass and similar materials
HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) -- C-Bond Systems (the “Company” or “C-Bond”) (CBNT), a nanotechnology solutions company that improves and strengthens glass, announced today that it was awarded U.S. Patent No. 10,273,347, Nano (Multifunctional) Solutions for Glass and Glass Products: Heterogeneous Nano-Self-Assembly and/or Coating, for increasing glass strength including the incorporation of nanoparticles for different glass product applications.
The invention covered by the patent, which was co-developed with nanotechnology experts at Rice University, unlocks the science of strengthening materials, including but limited to glass, without the need for a continuous coating, and creating strengthened laminates. The compositions of the invention find heterogeneous sites on the surface and edges of the material substrates (e.g. glass) and heal the flaws through localized self-assembly of the nanoparticles working with the ingredients in the compositions.
“Our ‘smart’ solution strengthens glass by seeking out the flaws and defects inherent in glass and healing or filling them through the use of nanoparticles, which themselves actually become a part of the glass,” said Scott R. Silverman, the Company’s Chairman and CEO. “Our novel approach allows us to apply our technology to a variety of applications including windshields, architectural glass, glass bottling, solar panels, and others.”
The patent protects the Company’s flagship product, C-Bond NanoShield™, which is a liquid solution that 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, ultimately causing windshield chips and cracks. It can be applied at any time from the OEM level to the end-user. The strengthening process begins immediately upon application and continues while the material cures in the following days. C-Bond NanoShield is also available with a hydrophobic (water repellent), known as the Company’s C-Bond NanoShield Plus product.
C-Bond NanoShield 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 and costing insurers an estimated $4 billion annually.
The patent also protects C-Bond BRS, the Company’s ballistic-resistant system that includes the application of its glass-strengthening liquid solution and laminated layers of window film on a glass surface. C-Bond BRS has been installed in more than 70 schools, government buildings and other corporate facilities to increase safety.
C-Bond Systems, Inc., headquartered in Houston, Texas, is a nanotechnology solutions company that improves and strengthens glass. It is the 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, Twitter, or LinkedIn.
Statements in this press release about our future expectations, including the likelihood that C-Bond NanoShield 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 and costing insurers an estimated $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 10-K filed on April 1, 2019, its Forms 10-Q filed on August 14, 2018 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.
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