Published:
SpongeTech Delivery Systems, Inc New Commercial To Air Nationally Starting on President's Day!!
NEW YORK, Feb. 15 /PRNewswire-FirstCall/ -- SpongeTech Delivery Systems,
Inc. (OTC Bulletin Board: SPNG) announced today that the company will start
airing a new commercial for its Auto Wash & Wax System on Monday, February
18th (President's Day). The commercial will run on a variety of cable and
satellite channels. The company has initiated an advertising contract that
calls for the commercial to run for the next six months, and will reach
millions of viewers daily. The company will have telephone operators standing
by to take phone orders and the company will likely add more online ordering
capabilities as they update their web site in the near future.
SpongeTech's COO Steven Moskowitz commented, "This is a big step for
SpongeTech and we are excited about this new TV advertising program. We have
been consistently increasing our marketing and advertising programs over the
last six months, but this new TV advertising deal should catapult our
company's direct sales to a new level. Direct sales of products tend to have
higher profit margins and will help the company achieve and maintain higher
net margins as our production and fulfillment volumes increase throughout the
year. We are expecting a good level of return for this investment in TV
advertising and we will keep our investors in the loop providing periodic
updates on how sales are going as a result of the TV advertising."
For more information please contact Investor Relations at 1-877- SPONGE T
for Bill Young 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.
"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 Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com
SOURCE SpongeTech Delivery Systems Inc.
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