SpongeTech Delivery System to Donate a Percentage of Puddle Pals Revenues to Help Autistic Children!
SpongeTech Donating 3% of all SpongeTech Puddle Pals Revenues to Various Autism Groups and Foundations to Help Autistic Children !!
NEW YORK, Feb. 13 -- SpongeTech Delivery Systems, Inc. (BULLETIN BOARD: SPNG) is pleased to announce that it will be donating 3% of all SpongeTech Puddle Pals product revenues to various autism groups and foundations which benefit autistic children. One of the biggest challenges that autistic kids face is to be able to become self sufficient and grow into happy and productive individuals as adults. The Puddle Pals product is fun and easy to use for kids, and SpongeTech has been told that Puddle Pals product can be a great tool to help enable some autistic children to be able to become more self sufficient in their cleaning habits and personal hygiene.
SpongeTech COO Steven Moskowitz commented, "We are really happy to be able to donate a percentage of our Puddle Pals product revenues to various autism foundations to help autistic children live better and more self sufficient lives. It is great to be able to be in a position to give back a little of our success to a very worthwhile cause and we look forward to this opportunity to work with the autism community. We fully expect the Puddle Pals product to be a very popular and successful product in the children's bath product market, and we hope to ultimately be able to contribute a lot more."
For more information please contact Investor Relations at 1-877- SPONGE T for Bill Young or visit the company website at: www.spongetech.com.
About Spongetech Delivery Systems
SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.
"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.