C-Bond Systems Seeing Increased Demand to Protect High Profile Individuals as it Completes Security Film Installation at Fortune 50 CEO’s Residence and Begins Co-Development of Bullet-Resistant Shield with Fox2Sierra for Use by Public Speakers and Politicians

Rhea-AI Summary

C-Bond Systems (OTC: CBNT) reports increased demand for high-profile individual protection through its Patriot Glass Solutions subsidiary. The company has completed a security film installation at a Fortune 50 CEO's residence and is co-developing a portable, transparent bullet-resistant shield with Fox2Sierra for public speakers and politicians. This collaboration combines Fox2Sierra's Active Shooter Evacuation/Escape Security Shield (ASESS) with C-Bond's Ballistic-Resistant System (C-Bond BRS) to create a protective device against active shooters. The shield aims to provide ballistic protection from all angles while maintaining clear vision and audio capabilities. The increased demand follows recent security concerns, including an assassination attempt on former President Donald Trump.

Positive

• Increased demand for high-profile individual protection products
• Completed security film installation at Fortune 50 CEO's residence
• Co-development of portable, transparent bullet-resistant shield with Fox2Sierra
• Potential new market opportunity in public speaker and politician protection

Negative

• None.

In light of the recent assassination attempt on former President Donald Trump, C-Bond and Fox2Sierra are developing a portable, transparent, bullet-resistant shield for use during public speaking events

SAN ANTONIO, Aug. 05, 2024 (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 that its Patriot Glass Solutions subsidiary is seeing increased demand to protect high profile individuals as it has completed a security film installation at the residence of a Fortune 50 Chief Executive Officer and has begun to co-develop a portable, transparent bullet-resistant shield with Fox2Sierra for use by schools, public speakers, and politicians.

Patriot Glass Solutions and Fox2Sierra are combining Fox2Sierra’s Active Shooter Evacuation/Escape Security Shield (ASESS) and C-Bond’s Ballistic-Resistant System (C-Bond BRS) to create a protective device in response to active shooters and the threats they pose to high profile speakers in public environments. The objective is to combine both systems to provide ballistic protection from all angles while maintaining a clear vision of the speaker. The shield will have no effect on visual or audio capabilities.

Patriot Glass Solutions also recently completed an installation of its C-Bond Secure forced-entry resistant system at the home of a Fortune 50 CEO in response to security concerns. The Company has also received inquiries to do additional residences of corporate executives.

“Following the assassination attempt on former President Donald Trump during a public speech and the overall need for increased security for high profile individuals, the Company is seeing a growing demand for products to protect politicians, school administrators, top executives, and other ‘public’ people,” said Scott R. Silverman, Chairman and CEO of the Company. “In collaboration with the highly respected team at Fox2Sierra, I believe we will be able to deliver a new product that will provide a much-needed level of additional protection as we continue to offer our best-in-class solutions.”

About C-Bond Systems
C-Bond Systems, Inc. (OTC: CBNT) is a Universal City, TX-based nanotechnology company and marketer of the patented C-Bond technology, which is independently proven to strengthen glass in architectural applications. The Company’s Patriot Glass Solutions subsidiary sells ballistic-resistant glass solutions and forced entry deterrent solutions to private enterprises, schools, and government agencies. For more information, please visit our websites: www.cbondsystems.com or www.patriotglasssolutions.com.

About Fox2Sierra
Fox2Sierra, LLC is a full-service consulting company dedicated to helping schools, community organizations and houses of worship enhance their security profile. We start by listening to our clients and end users, training a first-hand understanding of their wants, needs, and potential issues and then working collaboratively to find creative solutions to complex problems. Our offerings are tailored to the specific needs encountered by our clients and end users. Fox2Sierra offers numerous training and ballistic product options in the active shooter and emergency response space and will develop threat assessments in addition to creating and tailoring Standard Operating Procedures, including emergency action plans, incident command and control, liaising with law enforcement and first responders, lockdown protocols and active shooter response. Classes in Mass Casualty Care, Situational Awareness, Emergency Medical Training, De-Escalation, Basic, Medium, and Advanced Combatives and fully-immersive real-world scenario-based training are also available. Finally, we offer technology solutions built from the widely-deployed Team Awareness Kit (TAK), which provides real-time situational awareness and communication over secure networks. This system allows real-time communication between staff internally, as well as externally with first responders and law enforcement to minimize response time and provide essential information faster, when seconds count. To learn more, visit: www.Fox2Sierra.com.

Forward-Looking Statements
Statements in this press release about our future expectations, including the likelihood that we are seeing increased demand to protect politicians, school administrators, top executives, and other ‘public’ people; the likelihood that will be able to deliver a new product that will provide a much-needed level of additional protection as we continue to offer our best-in-class solutions; 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 April 1, 2024, its Forms 10-Q filed on May 14, 2024, November 14, 2023, and August 14, 2023, 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.

FAQ

What new product is C-Bond Systems (CBNT) developing with Fox2Sierra?

C-Bond Systems is co-developing a portable, transparent bullet-resistant shield with Fox2Sierra for use by schools, public speakers, and politicians. This shield combines Fox2Sierra's Active Shooter Evacuation/Escape Security Shield (ASESS) with C-Bond's Ballistic-Resistant System (C-Bond BRS).

Why is there increased demand for C-Bond Systems' (CBNT) protection products?

The increased demand is due to recent security concerns, including an assassination attempt on former President Donald Trump during a public speech, and the overall need for enhanced security for high-profile individuals such as politicians, school administrators, and top executives.

What recent installation has C-Bond Systems (CBNT) completed for a high-profile client?

C-Bond Systems' Patriot Glass Solutions subsidiary recently completed an installation of its C-Bond Secure forced-entry resistant system at the home of a Fortune 50 CEO in response to security concerns.

What are the key features of the bullet-resistant shield being developed by C-Bond Systems (CBNT)?

The bullet-resistant shield being developed by C-Bond Systems and Fox2Sierra aims to provide ballistic protection from all angles while maintaining a clear vision of the speaker. It will have no effect on visual or audio capabilities, making it suitable for use during public speaking events.