SpongeTech Delivery Systems, Inc. Announces New Pewter Partnership with the Buccaneers
* Reuters is not responsible for the content in this press release.
SpongeTech Signs Multi-Year Partnership Agreement NEW YORK--(Business Wire)-- SpongeTech Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge", (OTCBB: SPNG - News), announced today that the Company has signed a multi-year partnership agreement with the Tampa Bay Buccaneers. As the team`s newest Pewter Partner, SpongeTech will focus primarily on exclusive marketing opportunities targeting Buccaneer fans across the Tampa Bay area. "We are very excited about our new association with SpongeTech. We look forward to working with SpongeTech to grow their business in central Florida through the power of the Buccaneers brand," said Bryan Glazer, Co-Chairman of the Tampa Bay Buccaneers. "Being a Pewter Partner of the Tampa Bay Buccaneers will continue to build and solidify our brand. We are excited to be new long-term partners with the organization and the Glazer family," remarks Steven Moskowitz, COO of SpongeTech. As part of this Pewter Partner alliance, SpongeTech joins a prominent list of Buccaneers` valued Partners. With this partnership, SpongeTech will receive the ability to utilize Buccaneers logos, premiere signage throughout Raymond James Stadium, radio advertising on the Buccaneers Radio Network and the ability to develop strong marketing and activation elements focusing on The Smarter Sponge. About SpongeTech Delivery Systems, Inc. SpongeTech Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech's proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge . Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation 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 May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. 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. SpongeTech Delivery Systems, Inc. Investor Relations: 1-877-776-6438 firstname.lastname@example.org or email@example.com Connecting Markets GmbH Toll Free: +0800 100 42 92 Fon: +49 (0) 69 21 65 59 10 Fax: +49 (0) 69 21 65 59 11 Email: firstname.lastname@example.org Copyright Business Wire 2009