NEW YORK, July 6 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. America's Cleaning Company(TM), (BULLETIN BOARD: SPNG) is pleased to announce that the company has expanded its operation into Europe, forming SpongeTech(R) Europe. This expansion is in response to the growing demand for SpongeTech(R)'s products in the European marketplace. The company will open a new office in Switzerland. They will also be opening the Asian Market - updates will be coming soon.
Management has determined that having a physical presence in Europe will serve to expedite sales in this market and provide stronger service to our European customers. The new offices will provide the European, Middle Eastern and African markets with SpongeTech(R)'s unique and innovative reusable cleaning product line that currently includes the Car Care, Child Care, Home Care and Pet Care sponges.
"We have existing strong relationships with key European retailers," said SpongeTech(R)'s COO, Steven Moskowitz. "By committing to a European presence, we are expanding our footprint and leveraging our relationships, resources and experience to create further success for SpongeTech(R)'s products globally. There is a growing demand for our unique and innovative product line and we believe that demand will continue to spread through the markets overseas. Our sponge is not just a sponge, but The Smarter Sponge(TM)."
For more information please contact Investor Relations at 1-877- SPONGE T or visit the company website at: http://www.spongetech.com/.
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) 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(R)'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(R) is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company(TM).
"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.
Contact: SpongeTech(R) Delivery Systems, Inc. Investor Relations: Bill Young, 1-877-776-6438 wayoung55@aol.com or Byoung@spongetech.com German IR Contact: 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: info@cmir.de
SpongeTech Delivery Systems, Inc.
CONTACT: Investor Relations, Bill Young of SpongeTech(R) Delivery
Systems, Inc., +1-877-776-6438, wayoung55@aol.com, or Byoung@spongetech.com;
or German IR Contact, 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, info@cmir.de
Web Site: http://www.spongetech.com/
