HOUSTON, March 30, 2020 (GLOBE NEWSWIRE) -- C-Bond Systems, Inc. (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company , today announced it has entered into joint marketing and distribution agreements with THOMS Aviation, THOMS Automotive, and EXEGi Trading Company (based in the Netherlands) to expand its nano products portfolio and form a reciprocal nanotechnology product supply and distribution network in the transportation industry in key markets. The agreement provides a mutual option for the companies to invest in the other for up to 20% ownership.
Per the terms of the agreement, C-Bond will become a distributor of THOMS’ and EXEGi’s suite of complementary nanotechnology products for planes, trains and automobiles. Among other products, C-Bond will distribute THOMS’s Virus Protection cleaner, a nanotechnology-based chemical treatment that cleans and disinfects interior surfaces for a minimum of 7 days. THOMS has used this product with multiple major airlines in the European Union like Transavia, EasyJet, Corendon Dutch Airlines and KLM Cityhopper, and it is a key tool in the fight against the spread of pathogens such as COVID-19.
C-Bond will also have the ability to market THOMS’ Automotive and EXEGi Trading products, which include interior and exterior cleaning and performance products, to its transportation customers in the U.S. Additionally, THOMS Aviation, THOMS Automotive and EXEGi Trading Company will distribute C-Bond products in the European Union.
“THOMS and EXEGi have developed a superior nanotechnology cleaning solution to sanitize and disinfect against Covid-19 and other pathogens, and have collectively built a comprehensive global distribution network. We believe they are an ideal niche partner to help us grow our nanotechnology product portfolio,” said Scott R. Silverman, Chairman and Chief Executive Officer of C-Bond. “This strategic partnership represents an incredible opportunity to cross-sell products from our increasingly robust product suite into a diverse global client base, with the unique option of taking an equity stake in our partner if we deem appropriate. Together, our companies have the potential to create significant long-term shareholder value while addressing key global headwinds such as COVID-19.”
“We are excited to partner with a thought leader like C-Bond Systems to provide our protective product expertise and distribution network to complement their impressive product line and network,” said Thomas de Boer, Chief Executive Officer of THOMS Aviation and Raymond Donker, Managing Director of THOMS Automotive. “C-Bond is one of the industry's leading names in nanotechnology solutions and we look forward to working closely with the management team at C-Bond as we jointly scale operations globally.”
About THOMS Aviation
THOMS Aviation company offers Aviation Services which comprise of Aircraft Exterior Cleaning and Interior Deep Cleaning in Schiphol, Rotterdam and Eindhoven airports, but also started Q4 2019 in Berlin at Tegel and Schonefeld airports. THOMS Aviation is committed to minimizing the environmental impact of its operations through the adoption of sustainable practices and continual improvement in environmental performance. We accept the 'Duty of Care' imposed by legislation as the minimum standard to be set and maintained, and we aim to develop a sustainable business that is financially viable, environmentally sustainable, and socially equitable. For more information please visit www.thoms-aviation.com.
About THOMS Automotive
THOMS Automotive provides services primarily for business users like fleet owners, fleet keepers, and government organizations on location. At THOMS Automotive we work ecologically responsibly. On an average bass we save about 250 liters of drinking water per car by using our Dry Wash procedure as compared to the traditional car wash services. For more information please visit www.thoms-automotive.com.
About EXEGi Trading Company
Dutch-based EXEGi Trading Company is the sole producer and dealer of THOMS and C-Bond products. Some of its core businesses are cleaning, enhancement and protection products. EXEGi partners with Chrisal, https://www.chrisal.com/#/, to provide leading-edge probiotic disinfecting materials.
About C-Bond C-Bond Systems, Inc. (OTC: CBNT) is a Houston-based advanced nanotechnology company and marketer of the patented C-Bond technology, developed in conjunction with Rice University and independently proven to significantly strengthen glass in key automotive and structural applications. The Company’s Transportation Solutions Group sells C-Bond NanoShield®, a liquid solution applied directly to automotive windshields, sold through distributors. The Company’s Safety Solutions Group sells ballistic-resistant glass solutions directly to private enterprises, schools and government agencies. For more information, please visit our website at www.cbondsystems.com.
