Sponge Tech

Spongetech FINANCIAL SNAPSHOT
SPONGETECH® DELIVERY SYSTEMS, INC.
Symbol:     SPNG
Business:     Cleaning Products
Exchange:     OTCBB
Sector:     Consumer Goods
Industry:     Non-Durable Consumer
Share Price:     $.026   12-10-08


Public Documents

SEC FILINGS http://finance.yahoo.com/q/sec?s=SPNG.OB
PRESS RELEASES http://finance.yahoo.com/q/h?s=SPNG.OB&t=2008-08-12T17:30:10

Contact SpongeTech® Delivery Systems, Inc.

http://www.spongetech.com/

Corporate Headquaters
SpongeTech® Delivery Systems, Inc.
43 W 33rd Street, Suite 600
New York, NY 10001-3000

Investor Relations:
Bill Young, 1-877-776-6438
Wayoung55@aol.com or info@SpongeTech.com


Company Overview
 
SpongeTech® Delivery Systems, Inc, is a company which designs, produces and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology. These sponge-based products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is soaked and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech® is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.


Who Is Sponge Tech®?
 
SpongeTech® Delivery Systems, Inc., formed in 1999, set out to design, develop, and deploy a broad-based series of branded and private label packaging solutions for consumer products and industrial applications. The Company's vision is to offer innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive, patented packaging technology. The focus is on earth friendly products.
SpongeTech® Delivery Systems, Inc, is a company which designs, produces and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology. These sponge-based products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is soaked and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care. However, SpongeTech® is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.


SpongeTech® has formed 5 wholly-owned subsidiaries they are:
1) SpongeTech® Auto, Inc.
2) SpongeTech® Pets, Inc.
3) SpongeTech® Health & Beauty, Inc.*
4) SpongeTech® Kitchen & Bath, Inc.*
5) SpongeTech® Medical, Inc.*

To date, products have been introduced for the SpongeTech®Auto, Inc. and SpongeTech® Pets, Inc. Products. Upcoming is the launching of the SpongeTech® Health and Beauty Child Care Products. The SpongeTech®Kitchen & Bath, Inc. and SpongeTech® Medical, Inc. and SpongeTech® Health & Beauty, Inc. products are in development.

Management also continues to support certain charitable organizations, such as The Darryl Strawberry Foundation and Autism foundations.

SpongeTech® Delivery Systems, Inc. is a publicly traded company on OTC Bulletin Board Exchange (OTCBB): SPNG.OB.
* These product divisions are currently under development