SpongeTech® Delivery Systems, Inc. Participates at the 2009 AAPEX and SEMA Auto Shows in Las Vegas this Week
NEW YORK--SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTC: SPNG) today announced that the Company will be participating at the 2009 AAPEX and SEMA Auto Shows in Las Vegas this week. SpongeTech will be exhibiting its innovative reusable cleaning Car Wash & Wax sponge product at both shows, featuring its new updated packaging design which will be seen for the first time by thousands of automotive aftermarket retailers from around the world.
SpongeTech COO Steven Moskowitz commented, "We had such a great response from the AAPEX show last year, which resulted in orders from retailers around the globe, that it was imperative for us to participate again this year. These shows are two of the best automotive industry shows and this is a great way to exhibit our Car Wash & Wax sponge to buyers worldwide."
AAPEX represents the $405 billion global automotive aftermarket and engages more than 132,000 professionals from around the globe. Last year, there were 12,000 international and 40,000 domestic buyers at the show. AAPEX 2009 will take place November 3rd to the 5th, at the Sands Expo Center. For more information on the AAPEX Show, please visit: http://www.aapexshow.com.
The SEMA Show is a premier automotive specialty products trade event in the world, drawing the industry’s brightest minds and hottest products to one place. SEMA Show attracts more than 100,000 industry leaders from over 100 countries for unlimited profit opportunities in the automotive, truck and SUV, and RV markets. Last year, the SEMA Show drew over 50,000 domestic and international buyers through two million square feet of exhibits. SEMA will take place November 3rd to 6th, 2009, at the Las Vegas Convention Center. For more information on the SEMA Show, visit: http://www.semashow.com.
SpongeTech's exhibit at the AAPEX show is at booth #4827. At the SEMA show, the Company will be at booth #11325 with a reconditioned 1973 XKE Jaguar wrapped with the SpongeTech logo.
About SpongeTech® Delivery Systems, Inc.
SpongeTech® Delivery Systems is a company which 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 and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like 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 currently 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.