01.07.2009 16:23
SpongeTech® Delivery Systems, Inc. Begins Marketing SpongeTech® Products on Military.com
SpongeTech® Engages Marketing Program Aimed at More than 10 Million Members of Military.com
SpongeTech® Delivery Systems, Inc. America’s Cleaning Company™, (OTCBB: SPNG - News) today announced that the Company has signed an agreement with e-commerce site Military.com, a wholly owned subsidiary of Monster Worldwide, Inc. (NYSE: MWW). Under the terms of the agreement, SpongeTech® has committed to an initial marketing program aimed at gaining traction with the more than 10 million members of Military.com; members include active duty personnel, reservists, guard members, retirees, and veterans. The Company's products will be made available on www.Military.com on a trial basis. If the initial marketing program is successful, SpongeTech®’s products could be available on Military.com on a permanent basis, opening a substantial new distribution channel to the Company.
Military.com is the nation’s largest military and veteran online membership organization serving active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers. Military.com enables Americans with military affinity to access their benefits, advance their careers, enjoy military discounts, and stay connected for life. Military.com develops efficient affinity marketing and communications programs for government agencies and companies serving this market.
"This agreement provides the Company with an important opportunity to tap into the U.S. Military personnel market. We believe that our products could be quite useful for active duty personnel, especially in circumstances when running water is not available; as well as provide their family members with a variety of our innovative products to use at home,” commented SpongeTech®’s COO, Steven Moskowitz. ”The Company is fully committed to supplement this marketing program with the appropriate level of marketing dollars and attention. We believe this will be a successful venture and we look forward to a long lasting relationship with Military.com."
For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at: www.spongetech.com
About Military.com
Military.com, a division of Monster Worldwide, Inc., is the nation's largest military and veteran online membership organization, serving over 10 million members, including: active duty personnel, reservists, guard members, retirees, and veterans. Military.com enables Americans with military affinity to access their benefits, advance their careers, enjoy military discounts, and stay connected for life. Military.com develops efficient affinity marketing and communications programs for government agencies and companies serving this market. More information is available at www.military.com.
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America's Cleaning Company™.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation 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 May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the Third quarter ended February 28, 2009. 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.
SpongeTech® Delivery Systems, Inc.
Contacts:
SpongeTech® Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com
info@spongetech.com
or
Connecting Markets GmbH
Toll Free: +0800 100 42 92
Fon: +49 (0) 69 21 65 59 10
Fax: +49 (0) 69 21 65 59 11
Email: info@cmir.de
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