NEW YORK, March 20, 2007 (PRIME NEWSWIRE) -- Spongetech Delivery Systems, Inc. (OTCBB:SPNG) is pleased to announce their specially designed cleaning products for vehicles, household kitchens and child care are now being marketed nationwide. Large retail chain stores continue to express strong interest in Spongetech's products which include their patented Ultimate One Step Car Wash and Car Wax System. Most recently, the Companies Car Wash and Car Wax System was voted one the seven best new products at the Automotive After Market Products Expo in Las Vegas.
Spongetech seeks to quickly become a household name due to the companies' safe, low cost, high quality, biodegradable sponges and cleaning products.
The companies' specially configured sponges contain an outer contact layer and an inner matrix. Within this inner matrix of the sponge contains specially formulated soaps and wax. When the sponge is applied to a surface with minimal pressure, the soap or soap and wax are simultaneously applied to the surface. When the sponge is not in use, the hydrophilic matrix holds the soap so that it does not leak out of the sponge. This no leak system allows each sponge to wash as many as eight cars.
Michael Metter, President of Spongetech Delivery Systems stated, "We believe our use of the patent has great marketing potential. We can choose any variety of cleansers, including anti-bacterial and abrasive soaps. Thus, we may fine-tune our products for use on new vehicles or those prepared for classic car shows which require a gentle cleaner." Mr. Metter further stated, "We have also developed a children's bath foam sponge, with a "safe mesh" coating which prevents tearing and is in the shape of animals in various colors. The bath foam sponge does not lose its soap while it is floating in the bath tub as the inner hydrophilic matrix retains the soap until the child squeezes the sponge in use. This provides the child with a fun, safe cleansing experience."
For more information please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit the company website at: www.spongetech.com.
About Spongetech Delivery Systems
Spongetech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge. http://spongetech.com/
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.