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SpongeTech Delivery Systems Inc. News

'Come On Down!' SpongeTech(R) Delivery Systems, Inc. Automobile Cleaning System on 'The Price is Right'

NEW YORK, May 7 PRNewswire-FirstCall — SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that our Automobile Cleaning System has been chosen by the popular game show, "The Price is Right," to appear on their show as an item for contestants to view and determine the correct price.

Chief Operating Officer of SpongeTech(R) Steven Moskowitz said, "We are pleased to have our product featured on a nationally recognized and syndicated show that will air in prime time. According to the Nielsen ratings, people view this show on a weekly basis. This type of exposure is good for our product and helps people recognize our brand name and our company. We have recently begun our national advertising and awareness program. This is just part of our planned product launch."

SpongeTech(R)'s Auto Cleaning system will air three times beginning on May 7 at 8pm, again on May 14 at 8pm and again in July. The program is aired by CBS and its local affiliates in prime time.

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

About SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems is a development stage company, which designs, produces, and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry. These sponge-based products utilize SpongeTech's(R) 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 wetted and applied to a surface with minimal pressure. The Company's primary product line has been designed specifically for automotive/vehicle applications, however, SpongeTech(R) 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.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in the 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 year ended December 31, 2005, the Company's Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

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

SOURCE SpongeTech Delivery Systems Inc.

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