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C-Bond Systems Completes Successful Pilot Studies of its NanoShield Windshield Strengthening Product on over 6,500 Vehicles with Two Leading Rental Car Companies

03 Jul 2018

C-Bond NanoShield is a first-of-a-kind glass strengthening product that can significantly reduce windshield repair and replacement.

HOUSTON, TX – June 26, 2018 – C-Bond Systems, currently trading as WestMountain Alternative Energy, Inc.  (collectively, the “Company” or “C-Bond”) (OTC: WETM), a nanotechnology company that improves and strengthens brittle materials, today announced it has completed successful pilot studies of its C-Bond NanoShield windshield strengthening product with two leading rental car companies.  The rental car companies tested C-Bond NanoShield on more than 6,500 vehicles in and around the Denver market.

 

C-Bond NanoShield, commercially launched in January 2018, is a patent-pending nanotechnology windshield glass strengthening solution that can also include a hydrophobic (water repellent). It improves windshield safety by increasing chip and crack resistance. The application process is quick and simple: C-Bond is sprayed directly on the windshield and then squeegeed off. NanoShield has no direct competition.

 

The insurance industry reports windshield glass damage as one of the most common claims in the U.S. With over 250 million registered vehicles and windshield damage claim rates at approximately 7%, this problem costs insurers over $4 billion dollars annually.  Further, newer vehicles with increased windshield technology content such as Head-Up Display (HUD) are driving up replacement costs even more.

 

“With more than 15 million windshields being repaired or replaced each year in the U.S., NanoShield offers a cost-effective solution to a very expensive and common problem,” stated Scott R. Silverman, the Company’s Chairman and CEO. “NanoShield is an innovative yet easy way for rental car and trucking fleets, insurance carriers, and all car owners to protect themselves and save money.”

 

The rental car companies initiated the pilot studies of C-Bond NanoShield as a means of reducing maintenance costs for windshield damage and minimizing vehicle downtime. Following the successful completion of these first two pilot programs, the rental car companies plan to initiate further testing and evaluation of NanoShield.

 

C-Bond is engaged in the implementation of proprietary nanotechnology applications and processes to enhance properties of strength, functionality and sustainability of brittle material systems with a strong focus in the glass industry. The C-Bond™ technology enables ordinary glass to dissipate energy by permeating the glass surface and detecting microscopic flaws and defects that are randomly distributed over the glass surface. C-Bond’s unique qualities then work to locate and repair the identified surface imperfections that weaken the glass composite structure and ultimately act as failure initiators.

 

About C-Bond

C-Bond Systems, LLC, headquartered in Houston, Texas, is an advanced nanotechnology company and 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, or Twitter.

 

Statements in this press release about our future expectations, including the likelihood that with over 250 million registered vehicles and windshield damage claim rates at approximately 7%, this problem costs insurers over $4 billion dollars annually; the likelihood that newer vehicles with increased windshield technology content such as Head-Up Display (HUD) are driving up replacement costs even more; the likelihood that NanoShield is an innovative yet easy way for rental car and trucking fleets, insurance carriers, and all car owners to protect themselves and save money; the likelihood that the rental car companies plan to initiate further testing and evaluation of NanoShield; 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 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 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

 

 

C-Bond Launches Website

01 Jul 2017

C-Bond Systems is pleased to announce the launch of our new company website. The website provides a new clean design that incorporates improved functionality and greater content with new visual features in order to enhance both our customer and visitors experience.

 

C-Bond Retains LRST

05 Jun 2017

C-Bond Systems retains LRST LLC. to expand its automotive glass directive. Formed by four equal partners – former Pittsburgh Glass Works (PGW) executives Jim Latch and Marc Talbert, along with former GlasPro/Elite Auto Glass founder Jerry Ray, LRST will focus on growing the automotive glass business and developing a global presence for C-Bond product and services.

 

C-Bond Covered By Lux Research

22 May 2017

C-Bond Systems receives coverage from Lux Research an independent research and advisory firm, providing strategic advice and ongoing intelligence on emerging technologies to the investment community.

 

C-Bond Retains ACME Strategy

06 Apr 2017

C-Bond Systems retains ACME Strategy, a boutique consulting firm that provides strategic analysis, consulting and advisory services and transaction execution to public and private companies with clients that include IBM, Cirrus Logic and Applied Micro.

 

C-Bond Appoints Jay Rothenberger Director of Application Engineering

07 Sep 2016

Jay Rothenberger retained as Director of Application Engineering. Jay’s expertise is in the area of glass manufacturing and testing.

 

C-Bond Executes License Agreement With Brazil

03 Aug 2016

C-Bond Systems enters into an exclusive licensing agreement for Brazil with Bond Partners to distribute C-Bond System products into both the public and private sector.

 

C-Bond Highlighted on Tint TV

24 May 2016

Window Film Magazine features C-Bond Systems on its TintTV.com Episode 2, “The Texas Film Giant.”

 

C-Bond Passes UL752 Ballistic Standard

21 May 2016

C-Bond Systems announces its updated ballistic test reports reflecting unprecedented results for Underwriters Laboratories (ANSI/UL-752, Level 1) protection for 9mm caliber munition.

 

C-Bond Systems Appoints Erik Koep Director of Engineering

12 May 2016

Erik Koep retained as Director of Engineering. Erik’s expertise lies in synthesis, characterization and manufacturing of advanced materials.

 

C-Bond Executes Research Agreement with Swansee University

06 May 2016

C-Bond Systems enters into a research agreement with Swansea University for the purpose of collaborating on surface coatings, surface chemistries and nanotechnology applications and processes for the C-Bond technology.

 

C-Bond Forms Alliance with Southwest Research Institute

05 Feb 2016

C-Bond enters into a sponsored research alliance with Southwest Research Institute (SwRI), headquartered in San Antonio, Texas. SwRI is an independent applied research and development organization specializing in the creation and transfer of technology in engineering and the physical sciences. SwRI offers C-Bond technical expertise in design and development, certification, testing, evaluation, chemistry, automation, mechanical engineering and more.

 

C-Bond Launches Authorized Dealer Network

01 Jan 2016

C-Bond officially launches Authorized Dealer Program with 24 approved distribution channels across the United States.

 

C-Bond Systems Appoints Vince Pugliese as Chief Operating Officer

01 Oct 2015

C-Bond Systems appoints Vince Pugliese as Chief Operating Officer. Mr. Pugliese is the former Director of North America operations for Blackberry (formerly Research in Motion), a multi-billion dollar company where he was responsible for the operational execution of North America and Canada. He will play an integral role in driving performance and productivity while reducing cost and improving efficiencies. Mr. Pugliese brings to C-Bond experienced senior executive leadership with an exemplary record of leading operations globally.

 

C-Bond Expands Manufacturing Operations

01 Sep 2015

C-Bond Systems expands its manufacturing operations to its new 8,000 square foot facility. The company will utilize industry leading manufacturing advancements and technologies to produce and package the C-Bond product for sale in new market segments. C-Bond Systems is also working to implement new automation processes and establish even higher quality control standards in order to continue a high level of scalable product consistency and quality. These efforts will bring added value to the product, reduce costs, offer competitive pricing and provide even quicker turnarounds for our customers.

 

C-Bond Licenses Seventeen Nanotechnology Patents

20 Jul 2015

C-Bond Systems is pleased to announce the signing of a licensing agreement for seventeen (17) “field of use” Nanotechnology patents. These licensed patents will expand C-Bond Systems’ coverage on some of the earliest work in nanomaterials, as well as new advances in nanotechnology-enabled applications. This dramatically increases the strength and breadth of C-Bond Systems’ pre-eminent intellectual property portfolio. As a result, C-Bond now has filed, licensed and/or acquired a total of 23 individual patents and patent applications, which are not only additive to the company’s overall enterprise valuation but secures valid and defensible patent protection as we continue to seek commercial applications for our new developed products and processes.

 

C-Bond Systems and Hanita Sign Joint Development Agreement

15 Jul 2015

C-Bond Systems enters into a Joint Development Agreement with Hanita, the 4th largest film manufacturer in the world, based in Israel. The JDA encompasses a joint testing and private label program along with test pilot markets in Europe and Asia.

 

C-Bond Systems Appoints Tracy Orn Financial Controller

05 Jul 2015

C-Bond Systems appoints Tracy Orn as Financial Controller. Ms. Orn’s finance and accounting background will provide the assistance needed to sustain steady growth and make sound business decisions for the company. With over 15 years of finance experience in corporate environments, Tracy brings a combination of strategic planning, audit experience and project management.

 

C-Bond Passes NIJ Level I Ballistic Standard

15 Jun 2015

C-Bond Systems announces its updated ballistic test reports reflecting unprecedented results for National Institute of Justice (NIJ-STD Level I) protection for 22 LR and .38 Special caliber ammunition.

 

C-Bond Appoints Scott Thomsen to Advisory Board

01 Jan 2015

C-Bond Appoints Scott Thomsen to Advisory Board. Mr. Thomsen is the former President of the Guardian Glass Group, a multi-billion dollar business with 11,000 employees with facilities in over 27 countries. The experience Mr. Thomsen brings will play an integral role in driving C-bond’s commercial expansion in North America and worldwide.

 

C-Bond Files Two Patent Applications

30 Oct 2014

C-Bond Systems files for two (2) new patents, spanning core nanotechnology applications and processes.

 

C-Bond Retains Consulting Firm

27 Sep 2014

C-Bond Systems retains premier industry consulting firm, Innoscovery, to strengthen the company’s market position.

 

C-Bond Appoints Dr. Andrew Barron Chief Technology Officer

17 Aug 2014

C-Bond Systems appoints Dr. Andrew Barron, PhD., BSc, as Chief Technical Officer, to manage the company’s intellectual properties and construct a patent portfolio spanning core and strategic nanotechnology applications and processes.

 

C-Bond Systems Appoints Koshy Alexander Chief Financial Officer

22 Jul 2014

C-Bond Systems appoints Koshy Alexander as Chief Financial Officer, bringing 18 years of financial and management experience in accounting, budgeting, internal controls, financial statements and tax planning.

 

C-Bond Files First Patent Application

30 Oct 2013

C-Bond Systems, files for patent protection with the United States Patent Office.

 

C-Bond Systems Purchases Intellectual Property

09 Sep 2013

C-Bond Systems, purchases the sole proprietary intellectual property, rights, title and interest in the C-Bond nanotechnology.

 

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