C-Bond Systems Reports 2023 Highlights Including Record Revenue and Positive Net Income; Company to Host Conference Call on April 3rd - Seite 2

“This was a record year for the Company in many regards,” stated Scott R. Silverman, Chairman and CEO of C-Bond. “In addition to record revenue for both the full year 2023 and the fourth quarter of 2023, our expenses decreased, and we were net income positive for the first time in our history due in part to the sale of our nanoShield assets in May 2023. It was a banner year for us.”

“We are also pleased that the momentum we created in 2023 is continuing into 2024 as we expect to report first quarter 2024 revenue of more than $1 million, which would be another record quarter for the Company. We have already announced that we have a strong backlog of projects for 2024 and are committed to growing our project pipeline for 2024, 2025, and beyond,” continued Silverman.

Call Information
To access the live call, please dial 832-917-1510 and enter access code 388794. For those unable to participate in the live call, the Company will share a recording of the call on its Facebook page, https://www.facebook.com/cbondsys/ and Twitter/X account, https://twitter.com/CBondSys approximately one hour after the live call concludes.

C-Bond’s glass strengthening protection solutions including C-Bond Secure, an application to deter forced entry, and C-Bond BRS, a ballistic-resistant system, have been installed in more than 165 schools, government buildings, media sites, and other high-security facilities around the country.

C-Bond’s windshield strengthener, C-Bond nanoShield, is a first of its kind solution that protects and strengthens windshields by permeating the glass surface and repairing the microscopic flaws and defects on the glass that ultimately initiate chipping and cracking. The strengthening process begins immediately upon application and continues while the material cures in the following days. The product is easy to apply and is sprayed on and squeegeed off.

To see a demonstration of Patriot Glass Solutions’ security products, watch our video at: https://bit.ly/3l93oZV

The Company’s 2023 10-K can be found in the Investors section its website or on the SEC’s website at www.sec.gov.

About C-Bond
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, www.patriotglasssolutions.com, Facebook: https://www.facebook.com/cbondsys/ and Twitter: https://twitter.com/CBondSys and https://twitter.com/Patriot_Glass.