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02.09.2009
SpongeTech® Delivery Systems, Inc. Reports Record Booked Orders of $70 Million during the First Quarter of FY '10
SpongeTech® Delivery Systems, Inc. Reports Record Booked Orders of $70 Million during the First Quarter of FY '10

$29 Million in Orders for the Month of August as National Retail Chains Continue to Order SpongeTech® Products at a Rapid Pace

SpongeTech's products are being ordered and reordered by various major national retail outlets including drugstores, supermarkets, membership warehouse clubs, and big box stores and online at www.spongetech.com. The Company’s Direct Response marketing program has also been showing increase return from its commercials that are aired nationally on cable and satellite channels for its Car Care and Pet Care products as well as its newest Children's Bath Sponge. The Company's marketing campaign continues to support the retail distribution with its sports sponsorship portfolio which includes leveraging several NFL teams, MLB teams, the World Football Challenge, Sarah Fisher Racing and the US Open.

"The first quarter has been a monumental success in the growth phase of our Company," commented Michael Metter, CEO of SpongeTech. "Within the quarter, we have had a tremendously successful release of our Children’s Bath Sponge Product into the marketplace. We also remain very confident that we will meet our goal of having our complete line of products sold in over 100,000 retail locations nationwide by the end of this year.” Metter continues, “We are in the process of finalizing our Annual Report for the fiscal year ending May 31, 2009 and expect to file the Form 10-K with the SEC shortly. We remain focused and committed to building SpongeTech into a globally recognized Company and continue to work towards building shareholder value."

“This is a great way to end our first quarter period, booking approximately $70 million in orders which represents an exponential increase in orders over Q1 FY ’09,” added SpongeTech’s COO, Steven Moskowitz. "We believe that we will continue to see strong growth within the Company going into the holiday season. Our brand marketing strategy has been successful thus far and we believe we are positioning SpongeTech to become the next household brand name."

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.

Contact:

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



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