2021 Highlights
C-Bond achieved record annual revenue for 2021. Through the third quarter of 2021, revenue was over$900 thousand , which already exceeds revenue in any prior year.C-Bond acquired 80% of A1 Glass Coating ofSan Antonio, TX , its premier distributor and installer ofC-Bond products, and A1 Glass owner-operatorMichael Wanke joinedC-Bond as President of its Patriot Glass Solutions division, established to protect personal and business property across theU.S. from looting, rioting, break-ins, and gunfire.- Patriot Glass Solutions added four distributors in 2021, located in certain markets in
Colorado ,California ,Michigan ,Texas ,Utah ,Kansas ,Missouri , andFlorida , to its network of security and ballistic-resistant window film providers. C-Bond received a notice of allowance from theU.S. Patent and Trademark Office (“USPTO”) for Patent No. 16/003,872, “Emulsion Compositions and Methods for Strengthening Glass,” a core patent of its IP portfolio.- Patriot Glass Solutions received a purchase order for
$220,000 to install specialty defense window film for a government customer. - Patriot Glass Solutions received a purchase order for
$384,000 to reglaze multiple buildings at aSan Antonio technology campus with solar control film. - Patriot Glass Solutions received a purchase order from a
Texas hospital for$136,000 . C-Bond received a notice of allowance from the USPTO for itsC-Bond nanoShield™ windshield strengthening solution. Patent No. 16/376,944, titled “Multipurpose Solution for Strengthening and Surface Modification of Glass Substrates,” is the seminal patent forC-Bond nanoShield.C-Bond nanoShield chosen by a major metropolitanU.S. city to protect its fleet of municipal vehicles from windshield chips and cracks.C-Bond successfully completed a joint development project with theEnergy Safety Research Institute (“ESRI”) atSwansea University in theUnited Kingdom and filed a provisional patent for a new super-hydrophobic (water-repellent).C-Bond and renowned chemist and nanotechnology expert ProfessorAndrew R. Barron initiated a strategic technology development project: “Self-Healing Glass” for the Automotive Sector and filed a provisional patent with the USPTO for “Composition and Method for Glass Healing,” to develop a nano-liquid chemical solution that repairs visible chips and cracks in windshield glass after being exposed to a heat source.
“2021 was a significant year for us as we completed our first acquisition and established our Patriot Glass Solutions division,” stated
Patriot Glass Solutions protects personal, commercial and government property from looting, smash-and-grabs, break-ins, and gunfire. Its leading products are C-Bond BRS, a ballistic-resistant film system, and C-Bond Secure, a multi-purpose glass strengthening primer and window film mounting solution that deters forced entry.
About
Forward-Looking Statements
Statements in this press release about our future expectations, including the likelihood that the acquisition of A1 Glass Coating is expected to be the first of more acquisitions to come, an initiative we will focus on in 2022; the likelihood that we will also look to grow our business organically this year and beyond, with a particular emphasis on increasing sales of
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Contact:Allison Tomek C-Bond Systems 6035 South LoopEast Houston, TX 77033 atomek@cbondsystems.com Brokers and Analysts:Chesapeake Group 410-825-3930 info@chesapeakegp.com
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