News for 'SPNG' - (SpongeTech Gets Initial Order from Costco)
Jun 12, 2009 (Close-Up Media via COMTEX) -- SpongeTech Delivery Systems, Inc.
announced that the Company received an initial open order of its Car Care
products from Costco, the largest membership warehouse club chain in the world.
The order from Costco demonstrates the wide market acceptance of SpongeTech's
innovative cleaning products.
"We look forward to our new relationship with retail giant, Costco," said
SpongeTech's COO, Steven Moskowitz. "Costco has the geographic coverage, floor
traffic and the demographics that are important in delivering our product to the
market place on a national level. Our business continues to expand rapidly with
reorders as well as new purchase orders and SpongeTech's products will now be
more available to the public."
Costco currently operates 555 warehouses, including 408 in the United States and
Puerto Rico, 76 in Canada, 21 in the United Kingdom, six in Korea, five in
Taiwan, eight in Japan and 31 in Mexico.
SpongeTech Delivery Systems is a company which designs, produces, and markets
lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet
Care usages.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Copyright Close-Up Media, Inc. 2009. All Rights reserved
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INDUSTRY KEYWORD: Manufacturing_Close-up
Source: Comtex Wall Street News
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