Posted by: Bayou Man Date: Friday, June 12, 2009 2:42:09 PM
In reply to: THEMONEYMANRL who wrote msg# 109176 Post # of 109212
News for 'SPNG' - (SpongeTech(R) Delivery Systems, Inc. Reports $6.4 Million in New Orders SpongeTech(R) Received Approximately $6.4 Million in New Orders for the Month of June to Date)
NEW YORK, Jun 12, 2009 (BUSINESS WIRE) -- SpongeTech(R) Delivery Systems, Inc.,
America's Cleaning Company(TM), (OTCBB: SPNG) is pleased to announced that the
Company has secured approximately $6.4 million in new orders for the month of
June to date. More and more retailers are beginning to order and carry various
SpongeTech(R) products as the Company continues to nationally brand itself as
America's Cleaning Company(TM). SpongeTech(R) products can be purchased is
various retail outlets including drugstores, supermarkets, membership warehouse
clubs, and big box stores.
"This is such an exciting time for the Company," comments SpongeTech(R)'s COO,
Steven Moskowitz. "Consumers across the country have been voicing their demand
for our products; as a result we have been receiving new purchase orders from
numerous new retailers." Moskowitz continues, "Our R&D team has been working on
developing over 20 additional new products including a suntan lotion applicator,
household cleaning mop, kitchen sponges, adult bath sponges and additional
"character" children's bath sponges. Now that we are being recognized as
America's Cleaning Company(TM), we look forward to introducing new and exciting
products to our loyal customers in the near future."
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(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.
SOURCE: SpongeTech(R) Delivery Systems, Inc.
CONTACT:
SpongeTech(R) 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) 69-2165-5910
Fax: +49 (0) 69-2165-5911
Email: info@cmir.de
Copyright Business Wire 2009
-0-
KEYWORD: United States
North America
New York
INDUSTRY KEYWORD: Home Goods
Manufacturing
Chemicals/Plastics
Retail
Specialty
SUBJECT CODE: Product/Service
Source: Comtext Market News
Wer den Euro nicht ehrt ist die Millionen nicht wert.