MOMO'S BREAKOUT BOARD

[THE MATADOR]

SpongeTech(R) Delivery Systems, Inc. Continues Relationship with YES Network

2008-10-17 09:30 ET - News Release



NEW YORK, Oct. 17 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. is pleased to announce its continued relationship with the YES Network. SpongeTech(R) is a sponsor of This Week in Football. We are also one of the sponsors of the Mike Francesa Show and The NFL Report with Mike Francesa, all airing on the YES Network this sports season.

SpongeTech(R) will run advertising spots and "L Ads," which are visual borders on the TV screen, during these programs. SpongeTech(R) will also be sponsors of the New Jersey Nets in the upcoming basketball season.

SpongeTech(R)'s CEO Michael Metter commented, "We have had much success to date with the YES Network and we at SpongeTech(R) are proud and excited about our continued relationship with this extraordinary organization."

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 development stage company, which designs, produces, and markets a unique line of reusable cleaning products for household use. 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 current product line is designed for Car Care and Pet Care, 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
[e-mail] or [e-mail]

The Investor Relations Group
212-825-3210
Investor Relations: Rachel Colgate or Michael Crawford
Media Relations: Steven Melfi / Lynn Granito


SpongeTech(R) Delivery Systems, Inc.



CONTACT: Bill Young, Investor Relations, SpongeTech(R) Delivery Systems,
Inc., [phone], [e-mail], [e-mail]; Investor
Relations, Rachel Colgate or Michael Crawford, or Media Relations, Steven
Melfi or Lynn Granito, [phone], all of The Investor Relations Group



Web site: http://www.spongetech.com/