SpongeTech® Announces Top 10 Ranking on Jordan Whitney 'Greensheet' Report
SpongeTech® Delivery Systems, Inc., America's Cleaning CompanyTM, (OTC Bulletin Board: SPNG), is pleased to announce that, for the week ending May 24, 2009, its product reached No. 10 on the Jordan Whitney Top 60 Direct Response Spots for the same week. SpongeTech®’s higher ranking on the Jordan Whitney Report is a result of the Company’s successful national marketing campaign which includes TV commercials that are airing nationwide via cable and satellite, radio advertising and internet marketing. Due to the marketing efforts, management believes that the strong revenue and earnings growth will continue.
The Jordan Whitney Report ranks the top sixty direct response spots which sell traditional Direct Response Television ("DRTV") products directly or indirectly (excluding music offers) based upon confidential media budgets and Jordan Whitney's monitoring of national cable and selected broadcast markets. Jordan Whitney, an independent clearinghouse, is one of the industry's oldest monitoring services that provide up-to-date information on DRTV, which include infomercials, short-form DRTV commercials, the websites for these products, and the companies involved in their production and distribution. Jordan Whitney also monitors media budgets for companies that utilize cable and broadcast direct response marketing television.
"This higher ranking, climbing from Decembers’ Top 20 list, confirms that our efforts via TV, radio, and web are effectively finding our target consumers,” commented SpongeTech®'s COO, Steven Moskowitz. “We will continue to be aggressive in our development of new commercials and media spots to introduce our cutting-edge delivery system products across America; branding ourselves as America's Cleaning CompanyTM."
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 CompanyTM.
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.
Contacts:
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 42 92
Fon: +49 (0) 69 21 65
59 10
Fax: +49 (0) 69 21 65 59 11
Email: info@cmir.de