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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
C-Bond Systems Completes Successful Pilot Studies of its NanoShield Windshield Strengthening Product on over 6,500 Vehicles with Two Leading Rental Car Companies.
About this update from C-bond Systems Inc.
[{"type":"text","content":"\nHOUSTON, June 26, 2018 (GLOBE NEWSWIRE) -- 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.\n 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 enab...