Spongetech Delivery Systems, Inc. (fka SPNGQ)

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SpongeTech® Delivery Systems Off to the Races with Sarah Fisher at Chicagoland SpeedwayAugust 28, 2009 6:28 PM ET advertisement

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All Business Wire newsSpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG - News) is pleased to announce today that the Company is a new associate sponsor for Sarah Fisher Racing ("SFR") in the PEAK Antifreeze & Motor Oil Indy 300 at Chicagoland Speedway this weekend. Sarah Fisher, with SpongeTech in tow, will make her 7th start at Chicagoland Speedway on Saturday, August 29, 2009. This will be the last time her No. 67 Dollar General car will be used as the primary car, as Fisher was recently surprised with a backup car by one of her associate sponsors, Hartman Oil.

“We are excited to have SpongeTech be a part of our race in Chicago,” said Fisher. “They have a really cool product and we are happy they have come on board as a sponsor of SFR. I can’t wait to use the Pet Sponge on my dog, Wrigley. They even have one that cleans his bowl!”

“We are thrilled to sponsor such an exciting young racer in a sport we find to be extremely competitive. We wish Sarah all the best tomorrow!" commented SpongeTech’s COO, Steven Moskowitz. This weekend’s race at Chicagoland Speedway will take place at 9 p.m. and be shown live on the Versus Network.

SpongeTech has recently begun sponsoring multiple teams within the NFL, including the New York Giants and Jets. The Company continues to grow its sports sponsorship portfolio in 2009, which have included leveraging MLB teams, the World Football Challenge and the US Open.

About Sarah Fisher

At just 28 years old, Sarah Fisher has already competed in eight Indianapolis 500’s, been voted “Most Popular Driver” four times in two separate Series (IndyCar and NASCAR), been awarded “Indy’s Best & Brightest Leaders Under 40” and enters her second season as a team owner in 2009. Fisher is the first woman to qualify fastest for a major North American open-wheel event, the fastest woman to ever qualify for the Indy 500 and is the youngest woman to compete at the legendary Indianapolis Motor Speedway. Fisher has been a guest or profiled on a variety of national platforms such as, LIVE! with Regis & Kelly, The Tonight Show, The Daily Show with Jon Stewart, The Today Show, The Price is Right, Glamour, People and Forbes Magazine, to name a few. In 2008, she formed her own race team: Sarah Fisher Racing (SFR), and made her first start as a team owner in the IndyCar Series’ Indy 500. In May 2009, Fisher made her eighth start in the Indy 500, marking the most number of starts for a woman in the 93-year history of the race. For more information, please visit Sarah Fisher online at http://www.sarahfisher.com or follower her on Twitter @SarahFisher67.

About Sarah Fisher Racing (SFR)

Sarah Fisher Racing (SFR) is an auto racing team that competes in the IndyCar Series, founded by IndyCar Series veteran racer, Sarah Fisher. Fisher announced plans to become the IndyCar Series first female owner/driver and the youngest team owner on February 27, 2008, at Homestead-Miami Speedway alongside her father-in-law and Team Co-Owner, John O’Gara. The team is completing a custom schedule, which includes six IndyCar Series events in 2009, which includes the Indianapolis 500 with primary backing from Dollar General Stores. For more information, please visit Sarah Fisher Racing online at www.sarahfisherracing.com or follow them on Twitter @SarahFisher67.

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 products as The Smarter Sponge™ .

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.



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