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New York, NY, Sept. 22, 2009 – SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNGE) announced today that the Company’s CEO and COO had written a letter to shareholders updating them regarding the company’s progress and growth plans. The letter is posted on the Company’s website and is reproduced below:

Dear Shareholder,

We want to address various questions many of you have asked over the past few weeks and to share with you our plans to grow the business and create shareholder value.

Since the beginning of fiscal 2009, we have transformed SpongeTech from an early-stage company with limited brand awareness and distribution reach to a company selling a broadened portfolio of products through multiple distribution channels supported by a host of very successful marketing campaigns and promotional activities. We are proud of the progress we’ve made and have many plans to continue to expand our business.

As you know, we have not yet filed our Form 10-K for our company’s fiscal year 2009, which ended May 31, 2009. The requirement that caused the delay – that our new independent auditor, Robison, Hill & Co., retained as a result of the resignation of our previous auditor, Drakeford & Drakeford, LLC, due to the revocation of Drakeford’s registration by the Public Accounting Oversight Board, must re-audit our financial statements for fiscal 2008 – is as frustrating to us as it is for you, our shareholders. While we realize it would be helpful to offer you an estimated filing date, our current independent auditors have asked us to give them the flexibility to do a thorough job, and we are working with them to complete the necessary steps as quickly as possible. We have retained Deloitte & Touche beginning with the fiscal year 2010 to serve as our accountants. We also decided to cancel our previously announced reverse stock split until after the Form 10-K for fiscal year 2009 has been filed. In the meantime, we will use this letter to bring you up to date on our many accomplishments during fiscal 2009, ended May 31, 2009,and our actions and plans to accelerate SpongeTech’s growth in fiscal 2010, ending May 31, 2010.

Acquisitions/Investments

• We acquired Dicon Technologies, LLC on July 9 for $4.5 million in cash plus approximately $0.5 million of working capital that we assumed upon closing the transaction to further vertically integrate SpongeTech’s research, development and manufacturing processes. Dicon Technologies specializes in research and development of products derived from hydrophilic urethane chemistry.

• We have agreed to invest approximately $4 million in GetFugu, a technology company focused on developing mobile search tools. Terms of the deal are being finalized and, subject to the successful completion of our due diligence, we expect to announce the completed transaction by the end of calendar 2009. Our investment resulted from GetFugu’s successful customization of its mobile-based web search and e-commerce technology for SpongeTech. We plan to use GetFugu’s ground-breaking, carrier-agnostic mobile phone-based technology to drive more traffic to our already-successful on-line store website, www.spongetech.com. We are currently on GetFugu’s beta site.

Expanded Product Offering

• We added a Child Care product line to our portfolio of reusable cleaning products for Car Care, Home Care, Medical Care and Pet Care usages. To date, we have developed 33 product SKUs using our technology in these market segments.

• We launched SpongeBob SquarePants soap-filed bath sponges for kids in partnership with Nickelodeon and Viacom Consumer Products.

• As a result of the Dicon acquisition, we added 40 products for use in the cosmetics, footwear and medical markets, bringing our product portfolio to a consolidated total of 73 items. The new products include Dryz Intellitemp, a patented hydrophilic matrix that regulates temperature, provides antimicrobial protection and uses Super Absorbent Polymer (SAP) to manage moisture. This material is currently being used by several leading footwear and sports equipment manufacturers.

• We have developed a Pink Panther-themed product under a licensing arrangement with MGM Consumer Products and expect to roll these products out by the end of calendar 2009.

Extended the Company’s Distribution Reach

• With the purchase of Dicon in July 2009, Spongetech increased our consolidated distributor/customers during the first quarter of fiscal 2010, which encompasses June 2009 through August 2009) by 55 accounts. This is a 27% increase in new accounts since the end of our fiscal year 2009.

• We have shipped products to CVS Caremark, Kroger, Petco, PetSmart, Ace Hardware, Walgreens and other supermarkets and convenience stores. During the first quarter of fiscal 2010, we received orders from customers, including BJ’s Wholesale Club, ShopRite and Cosco.

• We signed a licensing agreement to partner with Nickelodeon & Viacom Consumer Products to create SpongeBob SquarePants soap-infused bath sponges in the U.S. and Canada.

• We presented our products on QVC and Home Shopping Network and continue to explore possibilities with them.

• We signed agreements to license the SpongeTech name with two manufacturers of cleaning products: Green Bridge Industries for the sale of the SpongeTech® Stain Remover Pens; and Organic Products Solutions for home care, car care and industrial/commercial cleaning products.

• We enhanced our e-commerce site to make it more convenient for people to purchase our products online.

Boosted Marketing and Promotional Activities

• We expanded our sports sponsorship portfolio by entering into agreements with 26 Major League Baseball teams for the 2009 season and 8 National Football League teams for the 2009-2010 season.

• We were also a sponsor of the United States Tennis Association and its premier event, the 2009 US Open, and are working on return on investment strategies to complement our sports marketing initiatives.

• We are continuing our nationwide advertising campaign, which includes TV and radio spots, print ads, retail store flyers, professional sports sponsorships and ads, internet advertising, and charitable functions. During 2009, our marketing campaign was ranked in the top 10 list of advertisements by the Jordan Whitney Report and the Infomercial Monitoring Service, Inc. (IMS) Report.

Since the end of fiscal year 2009, we have seen increasing re-orders from existing customers, strong sell-through rates and growing enthusiasm for our products as we continue to penetrate new distribution channels and create greater awareness for our products. Whereas two years ago, SpongeTech was a company with less than $10 million in revenue, we expect to report approximately $50 million in revenue for fiscal 2009.

In fiscal 2010, we are continuing to expand our distribution reach and, aided by our acquisition of Dicon and its strong R&D capabilities, introduce new products. To further raise brand awareness of The Smarter Sponge™, we plan to significantly increase our marketing and advertising budget. A portion of this budget will be used to attend a greater number of trade shows, including the Specialty Equipment Market Association show for the first time, Licensing International Expo, Automotive Aftermarket Products Expo, Global Market Development Center’s General Merchandise Marketing Conference and other national and regional shows. We also plan to enhance the packaging of our products.

We will also continue to extend our distribution reach by adding new distributors, including SpongeTech Europe, which we formed in August 2009 to enhance our already-strong presence in that market. In addition, we plan to leverage Dicon’s established channels of distribution including food, drug and mass merchandise stores such as CVS, Walgreens, Kmart and Wal-Mart and also to sign new licensing arrangements. By the end of fiscal 2010, we expect to have secured product placement in over 100,000 retail doors nationwide. Finally, using our enhanced research and product development capabilities, we plan to move forward more aggressively to expand our product offering particularly in our Home Care, Pet Care and Car Care product lines. For example, as part of our license agreement with Nickelodeon & Viacom Consumer Products, we are putting the finishing touches on a product for the Nickelodeon character, Dora the Explorer.

In closing, our goal remains to establish SpongeTech as a first-class global consumer goods company known for its innovative products, creative marketing and promotional campaigns, and distribution strength. We appreciate your keen interest and support for our products and business and look forward to reporting our fiscal 2009 results as soon as possible.

Michael Metter, Chief Executive Officer
Steven Moskowitz, Chief Operating Officer

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems, Inc. 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 press release 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 fiscal year ended May 31, 2008 and the Company’s Quarterly Report on Form 10-Q for the third fiscal 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.

Contacts:

Lippert/Heilshorn & Associates
212-838-3777

Harriet Fried / Jody Burfening (Investors)
SpongeTech@lhai.com

Adam Handelsman (Media)
ahandelsman@lhai.com

-Source

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Sep. 22, 2009 (Business Wire) — SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNGE) today announced that its Board of Directors has decided to cancel its previously announced reverse stock split until after the Form 10-K for the Company’s fiscal year 2009 has been filed.

CEO Michael Metter said, “We originally planned for the reverse stock split to take effect after the filing of our Form 10-K for fiscal 2009 to give our shareholders the opportunity to evaluate our financial performance and growth prospects first. In light of the delay in filing, we have decided that to proceed with the reverse stock split would not be in the best interests of our shareholders.”

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems, Inc. 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 press release 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 fiscal year ended May 31, 2008 and the Company’s Quarterly Report on Form 10-Q for the third fiscal 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.

Contacts:

Lippert/Heilshorn & Associates
212-838-3777

Harriet Fried / Jody Burfening (Investors)
SpongeTech@lhai.com

Adam Handelsman (Media)
ahandelsman@lhai.com

-Source

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Sep. 17, 2009 (Business Wire) — SpongeTech® Delivery Systems, Inc., (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG) announced that the Company has a distribution agreement with Phillips Feed & Pet Supply (“Phillips”) to distribute SpongeTech’s Uncle NormanTM’s Pet Care product line to its various client base located up and down the eastern coastline.

Phillips Feed & Pet Supply has been a family owned and operated business since 1938 and today is one of the largest distributors of pet products on the east coast, with 3 distribution sites that are strategically located in Easton, PA, Greenville, SC and Lakeland, FL. Phillips services retailers from New York to the Florida Keys. Phillips distributes to over 3,000 clients including Pet Stores, Feed & Farm stores, Groomers, Veterinarians and Humane Organizations.

Valley Pet Supply, Phillip’s grocery chain distribution arm, will be marketing SpongeTech’s products to its grocery chain clients. “We are excited to market such a nationally recognized brand of pet care products to our customers,” commented William Clark, General Manager for Valley Pet Supply. “Our clients are always looking for the next innovative pet product and we have already seen strong interest in SpongeTech’s Uncle NormanTM’s Pet Care products by our clients including the grocery chain customers.”

SpongeTech’s COO, Steven Moskowitz stated, “Expanding our distribution outreach continues to play an important role in reaching our goal of 100,000 locations. The product acceptance has continued to increase among all distribution channels and we are making great strides in reaching our goal by the end of this year.”

For more information, please contact Investor Relations at 1-877-SPONGE-T.

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems is a company that 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 involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company’s 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 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.

-Source

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If you try to avoid the SpongeTech logo, you won’t see many sporting events these days.
For further proof the world seeps into our consciousness through our peripheral vision, we present SpongeTech, a company in the process of demanding your attention, a little at a time.

One year ago yesterday, nobody had heard of SpongeTech. But then the economy collapsed and Lehman Brothers folded and AIG went bankrupt and now you can’t watch a sporting event without at least being vaguely aware of the words “SpongeTech: America’s Cleaning Company.” And most of the time, if you see the SpongeTech advertising, whether it’s behind home plate or along the sideline at the U.S. Open tennis tournament or NFL games or at bass fishing tournaments, you’re probably going to ask yourself, “What the heck is SpongeTech?”

We’ll get to that. But first, the strange part: There is a direct connection between the collapse of our financial institutions and the sudden visibility of a sponge company. SpongeTech is a New York-based company, and after the meltdown the people who run it had an idea: They would approach professional sports teams with the idea of taking over in-stadium advertising space previously used by companies that were either defunct or not interested in taking huge bailout funds and having to answer questions about why they’re spending to litter America’s backstops.

With the advertising market destroyed, SpongeTech made deals with teams desperate to fill space and cash checks. They made a big push in Madison Square Garden and went from there. “We took up a lot of the advertising space that had been used by AIG,” says SpongeTech COO Steven Moskowitz. He says it almost apologetically, but it makes sense. It was the perfect opportunity buy, and the SpongeTech suits were smart enough to lock into three-year deals at the down-market rates, thereby ensuring that anybody who wants to learn about the company won’t have to worry about forgetting it exists, providing it still does.

Now SpongeTech is in 26 big league ballparks, seven NFL stadiums, a few hockey — and one NBA — arenas. Saturday was a huge day for SpongeTech, mostly because Serena Williams chose to blow a gasket in the U.S. Open semifinal directly in front of the SpongeTech logo. The only thing better would have been if they’d cleaned her potty mouth with one of the products — PuddlePal, anyone?

While Serena was unwittingly furthering the SpongeTech cause, what else was happening? “On Sunday you could watch us on three different networks at any one time,” Moskowitz says proudly. “And in New York alone, there were 60,000 at the U.S. Open, almost 50,000 at the Yankee game and almost 80,000 at the Giants game. All of them saw our ads.”

So, what the heck is SpongeTech? It bills itself as “America’s Cleaning Company,” which conjures images of an army of janitors swarming office buildings as soon as the last briefcase hits the sidewalk. SpongeTech is officially called “SpongeTech Delivery Systems,” which further confuses the issue. The delivery system in question is the delivery of the soap to the object that needs to be cleaned — dog, kid, countertop, ‘79 Dodge Dart — brought to you courtesy of the pre-soaped sponge that makes the company what it is.

Yes, that’s what SpongeTech is, a company that makes sponges with built-in soap, a process that removes the taxing and potentially messy procedure of actually adding the soap yourself. They make sponges for cleaning pets, homes, kids, cars, boats — if it needs to be cleaned, there’s a pretty good chance they’ve got a sponge to fit the occasion. And best of all, you don’t have to be your own delivery system. That’ll free your mind.

Moskowitz says the increased exposure has paid off exponentially. I didn’t get sales figures, but he says, “We’ve had a tremendous increase. The response has been way beyond anything we could have imagined, but we never could have afforded this if the economy hadn’t gone in the tank.”

OK, so why sports? Why would a company that makes car sponges and baby-bath sponges and SpongeBob sponges (for real) think ballparks were the best place to showcase those products? Wouldn’t it seem logical to advertise on Nickelodeon and HGTV and NASCAR races?

And since they’ve chosen to target us, what do they know about us that we don’t know about ourselves?

“It seemed like a natural fit,” Moskowitz says. “It’s baseball, apple pie and Chevrolet, and everybody that has a car has to wash it. So it’s perfect.”

OK. Go on.

“The demographics are the same,” he says. “The same people who follow sports and attend sporting events are the same people who wash their cars and their pets. You know, you’ve got Petco Park — sports and pets go together.”

OK. That’s a little like saying everybody who watches a sporting event eats, so it makes sense for a company that sells food to advertise at a ballgame. And, well, it does. Can’t argue with any of it.

Maybe a bigger reason for the sudden ubiquity of SpongeTech is this: Moskowitz is a big sports fan. He saw an opening, and he took it. If you’ve read this far, it’s working.

And of course, the advertising onslaught has created a world of sports fans who know SpongeTech products as well as they know McDonald’s, right?

“No, but we’re hoping we get there,” Moskowitz says. “Right now most of the people are still asking, ‘What the heck’s SpongeTech?’”

-Source

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Authorized Common Shares Totaled 900 Million Prior to Today’s Action

Press Release
Source: SpongeTech® Delivery Systems, Inc.
On Friday September 11, 2009, 6:30 am EDT
CEO Michael Metter commented, “This is another significant reduction in SpongeTech’s authorized share structure. The actions we have taken demonstrate that we are prudent with the issuance of our stock and committed to making the right decisions for the Company’s long-term interests.”

COO Steven Moskowitz added, “The reduction illustrates our determination to provide clarity with respect to SpongeTech’s capital structure and enhance our stock’s desirability for both current and prospective investors. We believe this step, combined with our planned listing on NASDAQ and our many initiatives to expand the company’s product portfolio and market penetration, will help elevate SpongeTech’s profile and gradually establish our Company as a global player.”

SpongeTech’s authorized common shares refer to the maximum number of common shares that the Company is permitted to issue. The term outstanding shares refers to the number of shares the Company has issued and are currently held by investors and shareholders. The Company’s outstanding shares are the shares that will be subject to the previously announced reverse stock split.

In addition to the 300 million shares of common stock, SpongeTech’s post-split authorized capital will include 25 million shares of Class B Stock and 40 million shares of preferred stock.

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems, Inc. 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 press release 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 fiscal year ended May 31, 2008 and the Company’s Quarterly Report on Form 10-Q for the third fiscal 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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SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG – News) announced today that the Company has agreed to invest $4 million in GetFugu, Inc. (“GetFugu”), a technology company that focuses on developing mobile search tools. The investment is a result of GetFugu’s successful customization of its mobile based web search and e-commerce technology specifically designed for SpongeTech. Investment banking firm, Cresta Capital Strategies LLC, was the advisor on the transaction. SpongeTech will be the first company to utilize GetFugu’s innovative mobile search platform.

GetFugu will point SpongeTech consumers to the nearest retail location that carries SpongeTech products based on the GPS functionality available in most mobile phones and/or be automatically connected to SpongeTech’s corporate Internet e-commerce portal to buy SpongeTech products on-line. The unique “See It,” vision recognition (ARL) ”Say It,” voice recognition (VRL); ”Find It,” location recognition (GRL); and “Get It,” Hot-Spotting services is targeted at the growing surge of the world’s population that regularly utilize mobile phones to search for entertainment, news, sports, shopping, and every other thing available on the Internet.

“SpongeTech expects to be in over 100,000 locations nationwide by the end of the year. Purchases of our products are primarily impulse oriented, driven by our extensive branding and advertising campaigns. As we look to immediately satisfy our customers demand, utilizing the most personal and accessible device available, GetFugu will literally change the way consumers behave,” commented COO of SpongeTech, Steven Moskowitz.

The following video, http://spongetech.getfugu.com, demonstrates how a consumer seeing a SpongeTech TV ad utilizes the GetFugu platform to purchase a SpongeTech product. SpongeTech: See It, Say It, Find It, Get It!

“Since SpongeTech derives most of their revenue from television advertising, it makes sense for them to partner with a company they believe could accomplish this breakthrough in technology, which will result in a sales engine never before seen,” commented Rich Jenkins, GetFugu’s co-founder and head of business development.

GetFugu, Inc. (OTCBB: GFGU.OB) is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones’ core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide. For more information on GetFugu, visit: www.getfugu.com.

For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company’s website at: www.spongetechinc.com

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems is a company that 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 involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company’s 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 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.

Contacts:

SpongeTech® Delivery Systems, Inc.
Investor Relations:
1-877-776-6438
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
info@cmir.de
or
GetFugu, Inc.
Michael Selsman, 310-553-5732
ms@publiccommunications.biz

-Source

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SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG) today announced that its Board of Directors has unanimously approved a reverse split of SpongeTech®’s issued and outstanding capital stock at a 1-for-100 split ratio. The reverse stock split, which is expected to take effect on September 22, 2009, subject to receipt of necessary regulatory approvals, has also been approved by the holders of more than a majority of SpongeTech’s voting capital stock.

The same 1-for-100 reverse stock split ratio will be used to effect the reverse stock split of SpongeTech®’s issued and outstanding common stock, Class B Stock and preferred stock. Accordingly, all stockholders will be affected proportionately.

“This reverse stock split – which we believe will bring our company’s Wall Street profile in synch with our business profile – is another important step in the development of SpongeTech,” said CEO Michael Metter. “Combined with our recent engagement of Deloitte Touche LLP as our public accountants and our plan to apply for a NASDAQ listing, the reverse stock split demonstrates our commitment to establishing SpongeTech as a world-class company whose capital structure, operations and infrastructure all match the impressive sales growth we are achieving.

“We continue to expand our product portfolio, licensing agreements, and sales and marketing programs, and are very excited about the record-breaking order flow these efforts are producing. Our July 2009 acquisition of Dicon Technologies, a recognized product innovator with exceptional R&D capabilities, established distribution channels in the U.S. and Asia, and many large, direct commercial customers, perfectly positions us to leverage the many exceptional opportunities in our targeted marketplace. We’re committed both to building SpongeTech into a global player and building shareholder value, and this step will help us realize each of these goals.”

An amendment has been filed with the Delaware Secretary of State that amends SpongeTech’s certificate of incorporation for the reverse stock split, effective as of 5:00 pm ET on September 22, 2009. SpongeTech has also begun the approval process with the appropriate regulatory authorities.

In conjunction with the reverse stock split, the Board of Directors and the holders of more than a majority of SpongeTech’s voting capital stock have approved a decrease in SpongeTech®’s authorized capital. The post-split authorized capital will be 900 million shares of common stock, 25 million shares of Class B Stock and 40 million shares of preferred stock.

As a result of the reverse stock split, every 100 shares of SpongeTech’s stock will be combined into one share. Options, warrants and other stock-based awards will be adjusted on a similar basis. SpongeTech will not issue fractional shares in connection with the reverse stock split. Any fractional share which might result from the reverse stock split will be rounded up to the nearest whole share.

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems, Inc. 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 press release 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 fiscal year ended May 31, 2008 and the Company’s Quarterly Report on Form 10-Q for the third fiscal 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.

Contacts:

Lippert/Heilshorn & Associates
212-838-3777
Harriet Fried / Jody Burfening (Investors)
hfried@lhai.com
Adam Handelsman (Media)
ahandelsman@lhai.com

-Source

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SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG), announced today that Dinara Safina, the world’s first ranked women’s tennis player, will be present at the SpongeTech promotional booth located on the grounds of the USTA Billie Jean King National Tennis Center to sign autographs during the 2009 US Open on Friday, September 4 from 1:00 p.m. – 2:00 p.m. SpongeTech will be featured on-site at the 2009 US Open through courtside signage in Arthur Ashe Stadium and their promotional booth on the grounds.

Dinara Safina is the world’s first ranked female tennis player. Russian-born Safina was the runner up at the 2009 French Open and a silver medalist at the 2008 Summer Olympics in Beijing. She has been a runner up in three Grand Slam singles tournaments and won the doubles title at the 2007 US Open with Natalie Dechy.

“We are thrilled to align ourselves with Ms. Safina, a premier tennis talent, to maximize our presence at a prestigious event that holds an international fan base,” stated Michael Metter, CEO of SpongeTech. “We expect to have plenty of media exposure during the US Open and at the autograph signing session this Friday. SpongeTech has been provided a great opportunity to showcase our brand name worldwide during this 2 week event.”

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 and the World Football Challenge.

About USTA

The USTA is the national governing body for the sport of tennis in the U.S. and the leader in promoting and developing the growth of tennis at every level — from local communities to the highest level of the professional game. A not-for-profit organization with 730,000 members, it invests 100% of its proceeds in growing the game. It owns and operates the US Open, the highest attended annual sporting event in the world, and launched the Olympus US Open Series linking 10 summer tournaments to the US Open. In addition, it owns the 94 Pro Circuit events throughout the U.S., is a minority owner and promotional partner of World Team Tennis, and selects the teams for the Davis Cup, Fed Cup, Olympic and Paralympic Games. The USTA philanthropic entity, USTA Serves, provides grants and scholarships and through tennis, helps underserved youth and people with disabilities to improve academics, build character and strive for excellence. For more information on the USTA, log on to usta.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 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.

Contacts:

SpongeTech® Delivery Systems, Inc.
Investor Relations:
1-877-776-6438
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

-Source

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SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG) is pleased to announce that the Company has signed an Augmented Reality Link Agreement with Getfugu, Inc. (“Getfugu”), a technology company that focuses on developing mobile search tools. Getfugu’s ground-breaking mobile based web search and e-commerce technology will point SpongeTech consumers to the nearest retail location that carries SpongeTech products based on the GPS functionality available in most mobile phones and/or be automatically connected to SpongeTech’s corporate Internet e-commerce portal to buy SpongeTech products on-line.

On September 9, 2009, Getfugu will premiere its unique “See It,” vision recognition (ARL) “Say It,” voice recognition (VRL); “Find It,” location recognition (GRL); and “Get It,” Hot-Spotting services targeted at the growing surge of the world’s population that regularly utilize mobile phones to search for entertainment, news, sports, shopping, and every other thing available on the Internet. Getfugu offers ease of operation and direct connection to the Internet without tedious typing of URL addresses on small keyboards.

“We are excited to be the first company to utilize Getfugu’s amazing mobile search platform as they premiere their technology to the world next week,” commented COO of SpongeTech, Steven Moskowitz. “Our marketing strategy has placed the SpongeTech name in various sporting venues across the U.S., including several NFL and MLB stadiums and at the 2009 US Open. We believe Getfugu will increase the excitement in our brand and help bring our brand to the next level.” Moskowitz added, “As we continue to expand our retail footprint to over 100,000 locations by the end of the year, consumers will now be able to locate the nearest retail location that carries our product just by using Getfugu.”

Getfugu, Inc. (OTCBB: GFGU) is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones’ core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide. For more information on Getfugu, visit: www.getfugu.com.

For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company’s website at: www.spongetechinc.com

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems is a company that 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 involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company’s 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 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.

Contacts:

SpongeTech® Delivery Systems, Inc.
Investor Relations:
1-877-776-6438
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

-Source

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SAN FRANCISCO, Sept. 3, 2009 (GLOBE NEWSWIRE) — GetFugu, Inc. (OTCBB:GFGU), www.getfugu.com, announced today that it has executed its first Augmented Reality Link Agreement with advertising powerhouse SpongeTech Delivery Systems, Inc. (OTCBB:SPNG), for which it developed specially designed software, and from which it has booked $250,000 in revenue.

“This license agreement with SpongeTech marks the first of many similar revenue generating agreements GetFugu will be announcing leading up to our much anticipated 09/09/09 launch,” commented Rich Jenkins, GetFugu’s Co-Founder and Head of Business development. “GetFugu will tailor its mobile based web search and e-commerce technology to point SpongeTech consumers to the closest retail store(s) that carry SpongeTech products based on the GPS functionality available in most mobile phones. Alternatively, the individual can elect to be automatically connected to SpongeTech’s corporate Internet e-commerce portal to buy SpongeTech products on-line. The combination of SpongeTech’s incredible brand awareness and marketing presence, together with GetFugu’s ground-breaking carrier-agnostic mobile phone-based technology, will result in a sales engine never before seen.”

On 09/09/09, GetFugu will premiere its unique “See It,” vision recognition (ARL); “Say It,” voice recognition (VRL); “Find It,” location recognition (GRL); and “Get It,” Hot-Spotting services targeted at the growing surge of the world’s population that regularly utilize mobile phones to search for entertainment, news, sports, shopping, and every other thing available on the Internet. GetFugu offers ease of operation and direct connection to the Internet without tedious typing of URL addresses on small keyboards.

About GetFugu:

GetFugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones’ core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting e-commerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.

About SpongeTech

SpongeTech Delivery Systems Inc. (OTCBB:SPNG) 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 Delivery Systems is exploring additional applications for its technology in the health, beauty, and medical markets. It plans to globally brand its company as America’s Cleaning Company. The company was founded in 1999 and is based in New York.

CONTACT: Public Communications Co.
Michael Selsman
310-553-5732
ms@publiccommunications.biz

-Source