DagobertDuck
18.05.2009, 17:04
SpongeTech(R) Delivery Systems, Inc. Reports $4.3 Million USD of New Orders This Week, That's Approximately $10 Million USD of New Orders for the Month of May to Date!
--SpongeTech(R) Strong Re-orders from US Retailers, Combined with Robust New
Order
NEW YORK (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#), May 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- SpongeTech(R)
Delivery Systems, Inc. America's Cleaning Company (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#)(TM), (SPNG) is pleased to
announce that the company has secured an additional $4.3 million in new orders
this past week starting Sunday, May 10, 2009. To date for the month of May, the
Company has received approximately $10 million in new orders. This demonstrates
the degree to which the products have gained momentum in the marketplace and
management continues to see strength in all aspects of the business (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#). Included
within this week's new orders are two to top retailers as first time customers.
These two will give us footprints in major Supermarkets Chains and Membership
Warehouse Clubs to follow up on the footprints we already have in Drug Stores and
Auto Centers across America. Management anticipates that the Company will report
record revenues and booked orders for the month of May.
SpongeTech(R) COO Steven Moskowitz said, "The Company is experiencing tremendous
growth and most importantly, the products have been received by the marketplace.
Our strong rate of re-orders in the US, in combination with the orders from our
newly established retail and other accounts, have propelled the Company to record
results for the first 15 days of May. Last year at this time we were in 500
doors. This year, exactly a year later, we are in over 25,000 doors between pet
auto and children's products."
For more information, please contact Investor Relationshttp://images.intellitxt.com/ast/adTypes/mag-glass_10x10.gif (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#) at 1-877-SPONGE-T, and/or
visit the Company's websitehttp://images.intellitxt.com/ast/adTypes/mag-glass_10x10.gif (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#) at: http://www.spongetech.com (http://www.spongetech.com/)
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) 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(R)'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(R) is currently exploring additional applications for its technology
in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc.
intends to globally brand its Company as America's Cleaning Company(TM).
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.
Contact:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com
SOURCE SpongeTech Delivery Systems, Inc.
http://www.spongetech.com (http://www.spongetech.com/)
Copyright (C) 2009 PR Newswire. All rights reserved
--SpongeTech(R) Strong Re-orders from US Retailers, Combined with Robust New
Order
NEW YORK (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#), May 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- SpongeTech(R)
Delivery Systems, Inc. America's Cleaning Company (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#)(TM), (SPNG) is pleased to
announce that the company has secured an additional $4.3 million in new orders
this past week starting Sunday, May 10, 2009. To date for the month of May, the
Company has received approximately $10 million in new orders. This demonstrates
the degree to which the products have gained momentum in the marketplace and
management continues to see strength in all aspects of the business (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#). Included
within this week's new orders are two to top retailers as first time customers.
These two will give us footprints in major Supermarkets Chains and Membership
Warehouse Clubs to follow up on the footprints we already have in Drug Stores and
Auto Centers across America. Management anticipates that the Company will report
record revenues and booked orders for the month of May.
SpongeTech(R) COO Steven Moskowitz said, "The Company is experiencing tremendous
growth and most importantly, the products have been received by the marketplace.
Our strong rate of re-orders in the US, in combination with the orders from our
newly established retail and other accounts, have propelled the Company to record
results for the first 15 days of May. Last year at this time we were in 500
doors. This year, exactly a year later, we are in over 25,000 doors between pet
auto and children's products."
For more information, please contact Investor Relationshttp://images.intellitxt.com/ast/adTypes/mag-glass_10x10.gif (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#) at 1-877-SPONGE-T, and/or
visit the Company's websitehttp://images.intellitxt.com/ast/adTypes/mag-glass_10x10.gif (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37850004#) at: http://www.spongetech.com (http://www.spongetech.com/)
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) 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(R)'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(R) is currently exploring additional applications for its technology
in the health, beauty, and medical markets. SpongeTech(R) Delivery Systems, Inc.
intends to globally brand its Company as America's Cleaning Company(TM).
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.
Contact:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com
SOURCE SpongeTech Delivery Systems, Inc.
http://www.spongetech.com (http://www.spongetech.com/)
Copyright (C) 2009 PR Newswire. All rights reserved