SpongeTech® Delivery Systems, Inc. Announces Phillips Feed & Pet Supply as Pet Care Product Line Distributor
NEW YORK-(Business Wire)-September 17, 2009 - 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, 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.
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