Spongetech Delivery Systems, Inc. (fka SPNGQ)

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Corporate Evolutions Announces New Client Iconic Brands, Inc.
Released: 07/23/09 12:00 PM EDT

Corporate Evolutions, Inc., a boutique investor relations firm that specializes in corporate communication for small-cap companies, today is proud to announce its newest client, Iconic Brands, Inc. (“Iconic”) (OTCBB: ICNB). Iconic develops, markets and distributes the highest quality, celebrity branded alcoholic beverages by capitalizing on the ability to procure superior and unique products from around the world and brand the products with internationally recognized celebrities. For more information on Iconic, please visit: www.iconicbrandsusa.com

Iconic’s mission is to be the industry leader in brand development, marketing, and sales of the highest quality alcoholic beverages by capitalizing on our ability to procure superior and unique products from around the world; leveraging their relationships with internationally recognized celebrities to add value to an already extraordinary product and create brand awareness in unbranded niche categories. Current brands include globally recognized actor, comedian, producer, and director, Mr. Danny Devito and his Limoncello, NFL’s premiere former defensive lineman, Tony “Goose” Siragusa and his YO Vodka and Hall of Fame MLB player, Johnny Bench and his 5 Year Old Scotch Whisky.

Corporate Evolutions currently represents emerging small-cap companies including SpongeTech® Delivery Systems Inc. (OTCBB: SPNG), Kentucky USA Energy, Inc. (OTCBB: KYUS), Nevada Gold Holdings, Inc. (OTCBB: NGHI) and NXT Nutritionals, Inc. (OTCBB: NXTH). For more information on these companies, please visit: www.corporateevolutions.com

About Corporate Evolutions, Inc.

Headquartered in Great Neck, New York, Corporate Evolutions, Inc. is the ultimate concierge service in the financial industry. Corporate Evolutions, Inc. specialize in providing a multi-faceted suite of services custom designed to each of our client's needs in order to increase market awareness and facilitate corporate growth. Specializing in corporate communications, Corporate Evolutions, Inc. works in close partnership with our clients to achieve maximum presence in the Wall Street community by leveraging our existing relationships with our broad based network of broker-dealers, fund managers, and Investment funds.

For more information visit: http://www.corporateevolutions.com/

Disclaimer

Some statements may contain so-called "forward- looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made herein. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies’ annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Corporate Evolutions, Inc. undertakes no obligation to update such statements. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Corporate Evolutions is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.corporateevolutions.com or mentioned herein.

Contacts:

Corporate Evolutions, Inc., 516-482-0157
[e-mail]