SpongeTech Delivery Systems, Inc. Releases 10-QSB, for Second Quarter 2008, Highlights...

SpongeTech Delivery Systems, Inc. Releases 10-QSB, for Second Quarter 2008,
Highlights Rapidly Expanding Sales Growth!
SpongeTech Reports Current Sales Up $331,736 USD over same Quarter ending
November 2006!

NEW YORK, Jan. 15 /PRNewswire-FirstCall/ -- SpongeTech Delivery Systems,
Inc. (OTC Bulletin Board: SPNG) is pleased to announce the release of its
10QSB for Second Quarter 2008, after the market closed yesterday. As
previously announced the company has an order backlog. The company is now on
the fast track to fill and ship its sales and the order backlog after moving
into a larger facility this month, which should result in a large rise in
quarter over quarter revenue. As a result, the company's sales and business
growth is 'on track' and is expected to continue to expand in the coming
quarters of the company's fiscal year, as well as for 2008 calendar year. The
10-QSB reported that the company had sales for second quarter ending November
30, 2007, up $331,736 USD, compared to same quarter ending November 30, 2006.
The main reasons for the rapid SpongeTech revenue increases is a direct result
of the company's aggressive marketing campaigns, industry trade show
participation, ecommerce sales from the company's website, and rapidly
expanding sales in our new domestic and international retail and distribution
channels. The company's aggressive growth strategy is starting to pay off in a
significant way with new domestic sales and global distribution channels
starting to drive product sales, and aggressive corporate marketing campaigns
bringing in new sales and distribution opportunities from many new regions of
the world.
SpongeTech has been historically focused on the automotive, motorcycle and
boat cleaning product markets with its' Wash & Wax Delivery Systems Products,
but SpongeTech is now also expanding its product offerings into new vertical
markets including household/personal cleaning products such as anti-bacterial
bath and kitchen products. The company has already announced a new children's
bath foam sponge, with a "safe mesh" coating in the shape of animals, infused
with a gentle no-tear, non-irritating anti-bacterial soap. Future marketing
venues for their unique SpongeTech Delivery System technology include medical
antibacterial cleaning applications, kitchen, bath and outdoor cleaning
products, and various food service products.
Steven Moskowitz SpongeTech COO commented, "We are pleased with the sales
growth of the company and we expect a continuing high rate of growth
throughout the remainder of 2008 and beyond. We recently attended one of the
largest motorcycle and boat shows in the country in the last week of December
and we had a very favorable response from show attendees. With the sales
backlog we already have on the books and are actively working to fulfill, the
retail and distribution contacts we have made and the contracts we are
presently negotiating, I think we are heading for a fantastic year in 2008!
SpongeTech is committed to keeping its investors informed on a regular basis
about what is going on in the company, as we have tried to do in this past
year, and we are excited with the company's prospects for rapid sales and
revenue growth moving forward."
For more information please contact Investor Relations at 1-877- SPONGE T
or visit the company website at: www.spongetech.com.
About SpongeTech Delivery Systems
SpongeTech Delivery Systems is a development stage company which designs,
produces, markets and distributes cleaning products for vehicular use
utilizing patented technology relating to sponges containing hydrophilic
(liquid absorbing) foam polyurethane matrices. The Company's sponges are
specially configured with an outer contact layer and an inner matrix, which is
loaded with specially formulated soaps and wax that are released when the
sponge is applied to a surface with minimal pressure. The Company's products
are currently designed specifically for vehicular cleaning use. However, the
Company is exploring the possibility of using its patented technology for the
development of sponges for other uses, including for use with anti-bacterial,
bath and kitchen soaps for household uses, as well as for use as a children's
bath foam sponge.
"Safe Harbor Statement" Under The Private Securities Litigation Reform Act
of 1995: The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products in development are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements may not occur.
Additional risks and uncertainties are set forth in the Company's Annual
Report on Form 10-KSB for the year ended December 31, 2005, the Company's
Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006.
The Company undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or expectations.
SOURCE SpongeTech Delivery Systems, Inc.

Bill Young of SpongeTech Delivery Systems, Inc., +1-877-776-6438,
wayoung55@aol.com, or info@spongetech.com