SpongeTech Delivery Systems, Inc. Expands Its Presence into 7,500 Additional Retail Stores Nationwide

Tue Jul 14, 2009 9:47am EDT
 
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SpongeTech`s Products Now in Over 40,000 Stores
NEW YORK--(Business Wire)--
SpongeTech Delivery Systems, Inc., America`s Cleaning Company, (OTCBB: SPNG)
announced that the Company's products have recently become available to retail
shoppers at 7,500 additional locations in the United States and Canada,
expanding its presence into over 40,000 retail locations across North America.
As a result of several new orders and substantial reorders from existing
customers, the Company has expanded into new geographic locations due to strong
marketplace acceptance. In response to this expansion, the Company has expanded
its marketing budget and strategies to successfully support its product
awareness on a national level. 

"This expansion into 7,500 geographically diversified locations exemplifies the
organic growth the Company has experienced over the past several quarters. This
time last year we were only in approximately 1,700 locations and to be in over
40,000 locations today is a great accomplishment," comments SpongeTech`s COO,
Steven Moskowitz. "The greatest marketing that a Company can achieve is
increasing the number of shelves that offer its products. Our goal is to be in
over 100,000 locations by the end of this year and we are confident that we will
achieve that goal." 

SpongeTech`s Car Care, Child Care, Home Care and Pet Care products can be
purchased is various retail outlets including drugstores, supermarkets,
membership warehouse clubs, and big box stores across the country and on the
Company`s website at www.spongetech.com. 

For more information, please contact Investor Relations at 1-877-SPONGE-T,
and/or visit the Company's website at: www.spongetech.com. 

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 Company as America's Cleaning Company . 

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:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com
or
Connecting Markets GmbH
Toll Free: +0800-100-4292
Fon: +49 (0) 69-2165-5910
Fax: +49 (0) 69-2165-5911
Email: info@cmir.de

Copyright Business Wire 2009

 

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