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SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) today provides shareholders an overview of the Company’s progress to date.

SpongeTech continues to operate its 8 wholly-owned subsidiaries that support its growing business activities. The subsidiaries are as follows:

Dicon Technologies, LLC
SpongeTech® Europe

SpongeTech® Health & Beauty, Inc.

SpongeTech® Kitchen & Bath, Inc.

SpongeTech® Auto, Inc.

SpongeTech® Medical, Inc.

SpongeTech® Pet, Inc.

The Smarter Sponge Company

To further promote the “SpongeTech®” brand name, the Company has entered into three (3) licensing arrangements as follows:

Green Bridge Industries, Inc. has entered into a licensing agreement, dated July 14, 2009, with SpongeTech in which Green Bridge Industries has the exclusive nationwide rights to produce, market, and distribute the SpongeTech® Stain Remover Pens.

Organic Product Solutions Inc. entered into a licensing agreement on July 22, 2009, for the use of the SpongeTech® trademark for home care, car care and industrial/commercial cleaning products.

Vanity Events, Inc. entered into a licensing agreement on August 10, 2009, granting an exclusive and non-transferable, limited license to use the SpongeTech’s trademark, America’s Cleaning CompanyTM, in conjunction with Vanity’s cleaning business division.

SpongeTech has engaged Greenberg Traurig, LLP on December 30, 2009 to handle the current SEC investigation and class action suits. Greenberg Traurig replaces the Company’s previous attorney, Brown Rudnick LLP.

The Company is working diligently to complete its financial reports required to file with the U.S. Securities and Exchange Commission. SpongeTech has retained James Reilly as an internal consultant to assist in these efforts. Robison & Hill remains our public accounting firm. Reilly is a licensed Certified Public Accountant (CPA) who spent 8 years with Ernst & Young LLP providing audit, accounting and tax services to publicly and privately held companies and more recently has served as CFO and/or Controller of medium sized private and public companies.

The Company will continue to update its shareholders of progress.

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
ir@spongetech.com
1-877-218-8393

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(PR date 1/28/2010)

SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) is pleased to announce a new soap-infused sponge designed for cleaning all marine surfaces and water crafts. The new “Marine Wash & Wax System” comes with one infused wash and wax sponge, one detail sponge, and one Eliminator™ chamois. The sponges are manufactured with the same patented technology used in SpongeTech’s innovative reusable cleaning products. They are embedded with specially formulated antibacterial soap and wax which dispenses only when wet and squeezed with the ability to wash and wax boats and water crafts multiple times. SpongeTech’s “delivery system” technology also inhibits the growth of germs and/or bacteria within the sponge.

The Marine Detail Sponge removes scuff and dock marks; polishes propellers; and removes dirt, scum, grease, oil, fish blood and salt residue, all while being safe for use on water crafts, fish finders, and GPS systems. The system also comes with an “Eliminator™ Chamois” which holds 8 times its weight in water and dries each vessel to a high shine.

SpongeTech’s COO Steven Moskowitz commented, “The marine products add significant value to our already popular product lines. We believe this is just what the marine industry needs to help keep boats and water crafts cleaner with an affordable multi-use product.”

For more information about the new Marine Wash & Wax System and all other SpongeTech products please visit: www.spongetech.com. The Marine Wash & Wax System is available to purchase online and is expected in retail locations this year.

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, 877-776-6438
ir@spongetech.com

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NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG – News) today announced that the Company has completed the design and development of SpongeTech’s Pink Panther Children’s Soap Filled Bath Sponge. The new Pink Panther Children’s Soap Filled Bath Sponge product will be in production shortly and will be available in Spring 2010. SpongeTech customers can now pre-order the product on the Company’s e-commerce site, www.spongetech.com.

Pink Panther is an animated character that originally appeared in the opening and closing credit sequences of the 1963 live-action feature film “The Pink Panther”. This “cool cat” starred in 126 of its own short animated films, as well as numerous television shows, all set to instantly recognizable theme music composed by Henry Mancini.

“We are thrilled to expand our children’s bath sponge product line to include the famous ‘cool’ pink cat,” commented Steven Moskowitz, COO of SpongeTech. “Pink Panther has been a favorite comical cartoon figure with an international appeal spanning over 45 years and we look forward to expanding that appeal among children.”

In December 2008, SpongeTech announced a licensing agreement with MGM Consumer Products, to manufacture and market Pink Panther themed products.

About Metro-Goldwyn-Mayer Inc.

Metro-Goldwyn-Mayer Inc., through its operating subsidiaries, is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co, MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching nearly 120 countries. MGM ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit: www.mgm.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.

-Source

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NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG – News) today announced a “Holiday Stocking Stuffer” online promotion for the holiday season. SpongeTech is offering “FREE” gift wrap, shipping and handling for every eligible order received by December 31, 2009 on the Company’s e-commerce site, www.spongetech.com.

Consumers need to purchase at least two (2) single products listed for the “Stocking Stuffer” promotion with a double asterisk ** beside the single product (combination packs excluded from the promotion) to receive the “Stocking Stuffer” special. In addition, the consumer will receive 10% off of this order and 10% off on the next online order. For those who purchase five (5) or more single items, the consumer will receive a total of 15% off of this order and a total of 15% off on the next online order. The coupon codes are posted on the website. This offer only applies to single product purchases in a quantity greater than 2 single items. This “Stocking Stuffer” offer is only effective for online sales from our site, www.spongetech.com, received by December 31, 2009.

SpongeTech’s products are a “one-step” product with multiple usages that save you time and is affordable. The exceptional hydrophilic foam product is patented with pre-loaded specially formulated soap, conditioner and/or wax ingredients that are released when the sponge is soaked and applied to a surface with minimal pressure. Self-cleaning and inhibiting the growth of bacteria, these sponges are earth-friendly and recyclable and fun for everyone in the family! Perfect as a holiday stocking stuffer gift for friends and family.

To receive the “Holiday Stocking Stuffer” promotion, please visit SpongeTech’s site at: www.spongetech.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™ .

For more information, please visit the Company’s website at: www.spongetechinc.com

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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ANC Sports Creates Program to Brand SpongeTech® Internationally

NEW YORK–SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) is pleased to announce the Company entered into a marketing partnership with Major League Baseball during the 2009 World Series television broadcasts on Rogers Sportsnet and Le Reseau de Sport (RDS).

ANC Sports negotiated and secured the sponsorship on behalf of SpongeTech. The partnership with MLB is designed to drive consumer awareness around the new availability of SpongeTech’s innovative reusable cleaning products at Sears outlets throughout Canada.

The marketing program places SpongeTech branding into the signage position behind home plate for one inning of every World Series game broadcasted in Canada through Electronic Virtual Imaging (EVI). EVI appears as a natural component of the broadcast behind home plate from live footage captured by the center camera, which includes more than 60 percent of the game.

“Major League Baseball’s popularity is consistently growing internationally and the postseason provides us with an exceptional platform to introduce SpongeTech’s expansion into Canadian retail outlets,” said SpongeTech’s COO, Steven Moskowitz. “This World Series marketing campaign supports our mission to enhance SpongeTech’s brand awareness throughout Canada.”

SpongeTech’s products are now being distributed at 120 Sears retail locations in Canada and online at www.sears.ca. The current products available include SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Wash System – 3 Pack Combo, Tub & Tile Cleaner, Uncle Norman™’s Pet Sponge and Uncle Norman™’s Pet Bowl Cleaner.

In addition to promoting the distribution partnership with Sears Canada Inc, the MLB postseason sponsorship brands SpongeTech internationally as the Canadian feed also airs in Pan-Europe, Australia, South Africa, as well as on United States’ military bases and the Fox Sports en Español broadcast.

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™ .

For more information, please click here.

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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NEW YORK, Nov 02, 2009 (BUSINESS WIRE) — SPNG SpongeTech(R) Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge(TM)”, (OTC: SPNG) today announced that the Company will be participating at the 2009 AAPEX and SEMA Auto Shows in Las Vegas this week. SpongeTech will be exhibiting its innovative reusable cleaning Car Wash & Wax sponge product at both shows, featuring its new updated packaging design which will be seen for the first time by thousands of automotive aftermarket retailers from around the world.
SpongeTech COO Steven Moskowitz commented, “We had such a great response from the AAPEX show last year, which resulted in orders from retailers around the globe, that it was imperative for us to participate again this year. These shows are two of the best automotive industry shows and this is a great way to exhibit our Car Wash & Wax sponge to buyers worldwide.”

AAPEX represents the $405 billion global automotive aftermarket and engages more than 132,000 professionals from around the globe. Last year, there were 12,000 international and 40,000 domestic buyers at the show. AAPEX 2009 will take place November 3rd to the 5th, at the Sands Expo Center. For more information on the AAPEX Show, please visit: http://www.aapexshow.com.

The SEMA Show is a premier automotive specialty products trade event in the world, drawing the industry’s brightest minds and hottest products to one place. SEMA Show attracts more than 100,000 industry leaders from over 100 countries for unlimited profit opportunities in the automotive, truck and SUV, and RV markets. Last year, the SEMA Show drew over 50,000 domestic and international buyers through two million square feet of exhibits. SEMA will take place November 3rd to 6th, 2009, at the Las Vegas Convention Center. For more information on the SEMA Show, visit: http://www.semashow.com.

SpongeTech’s exhibit at the AAPEX show is at booth #4827. At the SEMA show, the Company will be at booth #11325 with a reconditioned 1973 XKE Jaguar wrapped with the SpongeTech logo.

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’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(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(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.

SOURCE: SpongeTech Delivery Systems, Inc.

SpongeTech(R) Delivery Systems, Inc.
Investor Relations
1-877-776-6438
info@spongetech.com

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SpongeTech continues to grow its team sponsorship portfolio for 2009

NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) is pleased to announce today that the Company has signed a three-year marketing partnership with NBA team, the Charlotte Bobcats. ANC Sports, one of the Bobcats’ newest corporate partners, developed an integrated campaign which features an in-arena and direct-to-retail strategy to market SpongeTech’s products.

“Developing relationships with national brands that share our values and value our market was the focus of our strategy to build our corporate partner base this off-season, and this new partnership with SpongeTech illustrates the success we’re having in that area of our business,” said Whitfield. “SpongeTech has become an industry leader by developing and marketing their products the right way, and their desire to expand their consumer base throughout the Carolinas has led them to partnering with us.”

Elements of the marketing partnership include television and radio advertisements, website presence, rotational signage placement, premium item giveaway opportunities, and new retail opportunities for SpongeTech. One of the most unique elements of the partnership is a VIP car wash for premium ticket holders, who will get their cars washed with SpongeTech products during select home games.

“Playing in one of the fastest growing markets in the United States and featuring the newest NBA arena, the Charlotte Bobcats are an ideal partner for SpongeTech as we expand our sports marketing initiatives into professional basketball,” said Steven Moskowitz, COO of SpongeTech. “We are excited about the opportunity to work closely with the Bobcats Sports and Entertainment team as this integrated team and retail sponsorship program evolves throughout the 2009-10 season.”

SpongeTech currently sponsors NBA team Cleveland Cavaliers and New York Knicks, NHL teams Chicago Blackhawks and New York Rangers and eight NFL teams for the 2009 season. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.

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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NEW YORK, Oct 22, 2009 (BUSINESS WIRE) — SPNG SpongeTech(R) Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge(TM)”, (OTC: SPNG) is pleased to announce today that the Company has partnered with one of the NHL’s Original Six teams, the Chicago Blackhawks. SpongeTech will have a rink-side permanent wall signage all season and SpongeTech’s products will be sold and marketed within grocery chain, Dominick’s, in conjunction with the Chicago partnership.

This deal continues to establish SpongeTech as a major player in the U.S. sports sponsorship landscape. “We look forward to a rewarding relationship with the Chicago Blackhawks,” stated Steven Moskowitz, COO of SpongeTech. “This partnership will allow us to enter an additional distribution channel in the third largest city in the U.S., the Windy City, and we look forward to expanding our presence in Chicago with the help of the Blackhawks and Dominick’s.”

SpongeTech currently sponsors the New York Rangers and eight National Football League teams. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.

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’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(R) Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge(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.

SOURCE: SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems, Inc.
Investor Relations
info@spongetech.com
1-877-776-6438

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NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG – News) is pleased to announce today that the Company has partnered with NBA team, Cleveland Cavaliers. SpongeTech has become a proud partner of the Cavaliers and will receive prominent courtside signage and media exposure through their partnership.

This deal continues to establish SpongeTech as the newest major player in the US sports sponsorship landscape. “We are continuing to build our brand presence in Cleveland as the Cavaliers are the fifth professional sports team that we sponsor in Ohio,” stated Steven Moskowitz, COO of SpongeTech.

SpongeTech currently sponsors the New York Knicks, multiple National Hockey League teams and eight National Football League teams. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.

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.

Contact:
SpongeTech® Delivery Systems, Inc.
Investor Relations
1-877-776-6438
info@spongetech.com
-Source

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NEW YORK–(BUSINESS WIRE)–SpongeTech® Delivery Systems, Inc. (the “Company”) “The Smarter Sponge™”, (OTCBB: SPNGE), today announced that its shares of common stock were temporarily suspended from trading on the OTC Bulletin Board by the U.S. Securities and Exchange Commission (SEC) on Monday October 5, 2009 and expects the suspension to terminate at 11:59 p.m. EDT on Oct. 16, 2009. The Company and its auditors are in the process of finalizing the re-audit of its 2008 financial statements and the audit of its 2009 financial statements and anticipates on filing them with the SEC by October 16, 2009.

The SEC announced that trading was temporarily suspended because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning among other things, the amount of sales and customer orders received by the Company, investment agreements entered into by the Company and the Company’s revenues as reported in its financial statements. In addition, the SEC’s announcement noted that the Company has not filed any periodic reports since its Quarterly Report on Form 10-Q for the period ended February 28, 2009.

As reported in the Company’s recent press release dated October 2, 2009, the delay in filing its Annual Report on Form 10-K for year ended May 31, 2009 is due to the Company’s former auditor having its registration revoked by the PCAOB (Public Company Accounting Oversight Board). As a result, the Company’s financial statements for the 2008 fiscal year is being re-audited and the financial statements for the 2009 fiscal year is being audited by the Company’s new auditing firm, Robison, Hill & Co.

Steven Moskowitz, the Company’s Chief Financial Officer, stated, “We were surprised to see that the staff of the SEC decided to suspend trading in our shares yesterday. We are cooperating fully with the SEC staff in connection with their investigation and are working diligently with our new auditors to finalize our Annual Report. It is our intention to provide the SEC staff with all requested materials so that they can conclude their investigation as soon as possible.”

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 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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