Navigation Links
SpongeTech(R) Delivery Systems, Inc. Clarification of Yesterday's $7,500,000 Order of Uncle Norman's(TM) Pet Sponge
Date:4/30/2008

SpongeTech(R) Clarification of Yesterday's Press Release

NEW YORK, April 30 /PRNewswire-FirstCall/ -- ...CLARIFICATION OF YESTERDAY'S PRESS RELEASE SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) On Tuesday, April 29, SpongeTech announced a new order for Uncle Norman's(TM) Pet Sponge, SpongeTech(R) has received a signed purchase order, along with a letter of credit, from the buyer. The total amount of product purchased by the buyer exceeds $7,500,000. We have begun production with shipping to begin in July 2008.

SpongeTech(R)'s customer is a well-known and established Media Marketing Company with many products now sold through television infomercial marketing. The Uncle Norman's(TM) Pet Sponge will be added to their growing list of products. For contractual, as well as marketing reasons, we have agreed not to disclose their identity of our customers. This is a normal business procedure in the Media Marketing industry.

SpongeTech(R) COO Mr. Moskowitz said, "Our contract with the buyer stipulates that it is the client's obligation to pay for all media and marketing costs. SpongeTech(R)'s obligation is to simply supply our products on a timely basis. I hope this clears up any questions concerning yesterday's release."

The new Uncle Norman's(TM) Pet Sponge can be pre-ordered through the website http://www.spongetech.com .

For more information please contact Investor Relations at 1- 877- SPONGE T and ask for Bill Young or visit the company website at: http://www.spongetech.com .

About SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems, Inc. is a development stage company, which designs, produces, and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry. These sponge-based products utilize SpongeTech(R)'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's primary product line has been designed specifically for automotive/vehicle applications, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in the press release 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 December 31, 2005, the Company's Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006. 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 info@spongetech.com


'/>"/>
SOURCE SpongeTech(R) Delivery Systems, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. LMS CALM(R) receives high customer satisfaction scores in the 2008 KLAS Labor and Delivery report
2. Echo Therapeutics and Cato BioVentures Sign Right of First Offer Agreement for Dermatology Products and Transdermal Drug Delivery Technologies
3. ACS Systems Improving Delivery of Healthcare in Malta
4. In blood vessel stents, innovative materials allow better control, delivery of gene therapy
5. Health Care Work Force Too Small, Unprepared for Aging Baby Boomers; Higher Pay, More Training, and Changes in Care Delivery Needed to Avert Crisis
6. SpongeTech Delivery Systems, Inc. to Donate to The Darryl Strawberry Foundation!!
7. QLT initiates phase II study of punctal plug drug delivery system for glaucoma & ocular hypertension
8. Premature Delivery Linked to High Cholesterol in Moms Later
9. Michael J. Fox Foundation Commits Up to $2 Million to Improve Drug Delivery for Parkinsons Disease
10. DST Health Solutions Provides Comprehensive Client Service, Establishes New Service Delivery Organization
11. ACM Partners With Tufts Associated Health Plans to Improve the Cost-effective Delivery of Home Infusion Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/18/2017)... ... January 18, 2017 , ... The Hear the World ... with the donation of cochlear implants. In February 2017, the first three children ... fair chance of leading an independent life. This engagement builds on the support ...
(Date:1/17/2017)... ... 2017 , ... Anesthesia Progress – Everyone wants less pain during ... option for each patient. Dentists have several general anesthesia alternatives and finding the right ... the Tokyo Dental College in Tokyo, Japan wanted to find out which anesthetic was ...
(Date:1/17/2017)... ... January 17, 2017 , ... ... , The company, owned and operated by Ed Stroup, was created to ... price with the highest level of customer service. Healthful Balance products can be ...
(Date:1/17/2017)... ... January 17, 2017 , ... ... Palm Desert, is opening a new office in San Clemente, California this month. ... (dTMS) in Southern California, successfully treating individuals struggling with major depression. Depression impacts ...
(Date:1/17/2017)... CA (PRWEB) , ... January 17, 2017 , ... A ... named winners of the fourth Cradle to Cradle Product Design Challenge , the ... fourth in a series of six circular design challenges scheduled to run through early ...
Breaking Medicine News(10 mins):
(Date:1/17/2017)... 17, 2017 The interventional radiology products market ... from USD 6.35 billion in 2016, at a CAGR ... of this market are rising incidence of chronic diseases, ... surgeries. The global interventional radiology products market ... On the basis of type, the stents segment is ...
(Date:1/17/2017)... AVIV, Israel , January 17, 2017 Management ... , TyrNovo, Ltd.   KIT-302 Development On Track ... the FDA in Q1 2017   ... Kitov Pharmaceuticals Holdings Ltd. (NASDAQ: KTOV ... business update call on Monday, January 23 rd at 8:30am Eastern Time ...
(Date:1/17/2017)... , Jan. 17, 2017 Angel MedFlight ... Navy Capt. Mark Kelly as the keynote ... National Conference in Washington D.C. ... will speak on Friday morning, April 21 at the ... from across the country are expected to attend the ...
Breaking Medicine Technology: