133 0 Kommentare C-Bond Systems’ Patriot Glass Solutions Subsidiary Announces Backlog of $3.3M Heading into 2024

This backlog includes only purchase orders the Company has already received and does not include other work the Company receives daily

SAN ANTONIO, Texas, Jan. 10, 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 its Patriot Glass Solutions subsidiary has a backlog in excess of $3.3 million heading into 2024. This backlog includes purchase orders the Company has already received and announced but has not yet started the installations for and does not include other work Patriot Glass Solutions does on a daily basis.

The Company expects the majority of this backlog to be installed in 2024, but a portion of it could stretch into 2025 since some projects are new construction, etc. These projects primarily include schools, commercial buildings, and a hospital.

“We believe 2023 finished strong for us and expect it to be the Company’s best year thus far,” stated Scott R. Silverman, Chairman and CEO of the Company. “As we start 2024, we are even more excited as we see the strong backlog that we already have in place, which exceeds revenue from any year we have previously reported.”

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 and C-Bond Secure.

C-Bond BRS is a ballistic-resistant film system that includes the Company’s patented glass strengthening technology, which is applied directly to the glass, and multiple layers of security film on specified glass thickness to help stop bullets from penetrating the glass. C-Bond BRS is certified by third-party labs to meet National Institute of Justice Level I, Level IIA, Level II, and Underwriters Laboratories (UL) 752 ballistic-resistant protection standards.

Patriot Glass Solutions also offers forced entry-resistant film, also applied with its proprietary glass strengthener, which is its C-Bond Secure product. When used in conjunction with security film, C-Bond Secure delays forced entry, which gives law enforcement or other security personnel significantly more time to lead those inside a facility to safety and apprehend the perpetrator.