SpongeTech Delivery Systems Issues Corporate Update on Company



NEW YORK, Oct. 30 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) has had a lot of activity in the
past several months and we want to take the time to update our shareholders
on some of our recent accomplishments and delve a little bit into what they
can expect moving forward in the next few quarters.
Message from Michael Metter, CEO:

Dear Shareholders:
We have had an exciting year this year and have made a lot of progress
moving our company from a development stage company into a production stage
company. We started off 2007 with no sales backlog to speak of, and minimal
sales outside of some legacy accounts that we had been servicing for a
while. Since that time we have built up a sales backlog of more than $10.7
M and our online e-commerce sales have done very well. Below are a few more
of our company’s accomplishments for 2007.
Since the beginning of the year we have accomplished the following:

—Ramped up product manufacturing to build sufficient inventory to
service growing sales channels. We currently have around a million
units of our SpongeTech Car Wash & Wax Products in stock to service
order fulfillment.

—We launched a new company web site with e-commerce and online ordering
facilities. We have seen significant month over month growth in our web
site traffic and online sales and these sales are high margin sales.

—The company has accumulated more than $10.7 M in sales backlog which is
scheduled to be shipped between Q4, 2007 and the end of Q3, 2008.

—During 2007 we have signed several new international product
distributors in Mexico, South America and Asia which have significant
large orders in place for 2008 delivery.

—SpongeTech has participated in numerous Trade Shows in 2007 with
enthusiastic response for our products, and we are diligently working
to turn these show contacts into purchasing customers.

—During 2007 I have personally been a guest on Investor Talk Shows, have
conducted phone interviews with a number of online IR outlets, and was
recently a guest on MoneyTV.net which has worldwide TV distribution.

—SpongeTech has ramped up marketing activities including conducting
numerous online sales promos this year which have resulted in many
incremental sales and a significant increase in web site traffic month
over month.

—We recently launched a new Children’s Bath Product at a Las Vegas
International Children’s Product Show to enthusiastic response and the
company will start shipping that product in the very near future.

—SpongeTech also recently announced a new manufacturing partnership with
Rogers Foam Corporation who has manufacturing capabilities
strategically located throughout the world. Rogers will be bringing new
production online in Q1 2008.

—SpongeTech is working on finalizing our new infomercial and marketing
campaign with Incredible Discoveries. This new infomercial is scheduled
to debut very soon and is expected to generate projected orders in the
neighborhood of $19 M over the next 18 months.

—SpongeTech recently announced new free-standing retail point of sale
(POS) display units for their SpongeTech Car Care Delivery System
Products for the upcoming holiday season and should help the company
increase its holiday sales given that the company won’t need to fight
for space on retail store shelves during the holiday season.

Company Expectations for remainder of 2007 and 2008:

—SpongeTech will continue to grow its online sales and marketing efforts
and will continue to upgrade its web site and online product sales and
fulfillment capabilities to facilitate more high-margin online sales.

—We expect to start shipping our new Children’s Bath product soon which
will begin to open up new sales and distribution channels for the
company and should positively impact our sales numbers for 2008.

—We will aggressively continue to pursue new domestic and international
sales partners to open up new markets for our Car Care and Children’s
Bath products around the world.

—We will continue to develop new products to attack new vertical market
segments suited for our product technology and thus open new markets
and sales channels for SpongeTech products.

—We will continue to raise the visibility of our company and stock
within the investor community through frequent communications to
investors through press releases, executive interviews, online talk
shows, and participation in investor conferences.

—We plan to attend more market related trade shows in 2008 to attract
new customers and increase visibility of SpongeTech and our products to
global retailers.

—SpongeTech will continue to enhance its manufacturing capabilities and
find ways to reduce product costs through production volume,
manufacturing efficiencies.

Summary:
SpongeTech already has orders on the books which should drastically
increase our gross revenues in 2008 over 2007 sales numbers, and should
help us to turn the corner on company profitability. We will continue to be
conservative in the growth of our overhead costs while still trying to find
new and innovative ways to increase our marketing presence and grow our
sales channels and volumes. We believe that we have just barely scratched
the surface in opening new sales and distribution channels on a global
basis, and as we bring on new distribution partners we believe our sales
will continue to grow in significant ways.
SpongeTech has made a lot of progress in 2007, and we expect great
things for our company in 2008, and beyond. We are committed to continuing
to keep SpongeTech investors up to date on what is going on with the
company and we will put out relevant press releases on an ongoing and
timely basis.
We want to thank SpongeTech investors for sticking with us this year
and we will do our best to help reward SpongeTech investor’s patronage and
loyalty with our efforts moving into 2008, and beyond.
Best Regards,
Michael Metter, CEO

For more information please contact Investor Relations at
1-877- SPONGE T or visit the company website at: http://www.spongetech.com.
About SpongeTech Delivery Systems
SpongeTech Delivery Systems 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. Each SpongeTech Delivery System
sponge is fully biodegradable and is designed with their cutting-edge
technology and environmentally friendly.
“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.

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech Delivery Systems Inc, Commercial Set for Release!!



Tuesday November 20, 2007
SpongeTech Commercial Finally Ready for Release!!

NEW YORK, Nov. 20 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) announced today the commercial is
finally ready to air just in time for the holidays! We want to update the
shareholders on this and let them know that there will be 30 second, 60
second and 120 second spots. These 3 commercials are part of the SpongeTech
Delivery Systems, Inc. Media campaign. The commercials should air shortly
along with print and radio advertising. The company will be giving its’
shareholders updates with exact times and stations.
Steven Moskowitz, Chief Financial Officer of SpongeTech Delivery
Systems stated, “We cannot wait to see the response from our new media
campaign! It was done so the company can ‘brand’ its name and product
during the holiday season.”
View previous commercials is at: http://www.youtube.com/watch?v=hRvgKhxLwD0
For more information please contact Investor Relations at 1-877- SPONGE
T for Bill Young or visit the company website at: http://www.spongetech.com.
About SpongeTech Delivery Systems
SpongeTech Delivery Systems 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 (child-safe) bath foam sponge. Each SpongeTech Delivery
System sponge is fully biodegradable and is designed with their
cutting-edge technology and environmentally friendly.
“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.

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech Delivery Systems, Inc.—A Reminder That This is Green Month! See Our ‘Environmentally Friendly’ Sponge!



Free “Environmentally Friendly” Sponge from SpongeTech! See How!!

NEW YORK, Nov. 27 /PRNewswire-FirstCall/—Due to the overwhelming
response to our “Environmentally Friendly” Sponge Give-Away, SpongeTech
(OTC Bulletin Board: SPNG) has decided to continue this promotion. Take
advantage of the time remaining during Green Month and receive a FREE
“Green” Sponge. For more details on this promotion, go to
http://www.spongetech.com. As we at SpongeTech have said many times, “the Green
Issues of today need to focus on giving people the ability to change
easily, and that is our goal!”

Steven Moskowitz, of SpongeTech Delivery Systems, stated, “we are
hoping more people take advantage of this great opportunity to see how
amazing our Green products really are. I also invite the investors and
shareholders to listen to the two radio interviews of our CEO, Michael
Metter, on the Steve Crowley American Scene Radio Show, today at 10:34 a.m.
and Thursday, November 29th, 2007 at 11:54 a.m., to find out what the
company is doing. Hear why SpongeTech is a company to be investing in for
the future!” Mr. Moskowitz also added, “By investing in the
‘Environmentally Friendly’ Sponge of today, you are investing in the world
of tomorrow!”

For more information please contact Investor Relations at 1-877-SPONGE
T and ask for Bill Young, or visit the company website at:
http://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.

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech Delivery Systems, Inc. $1.38 Million in Orders World Wide from the Trade Shows in Las Vegas!



$1,381,500 orders from Amsterdam, Dubai, Canada, Panama and USA!!

NEW YORK, Nov. 30 /PRNewswire-FirstCall/-- SpongeTech Delivery Systems,
Inc. (OTC Bulletin Board: SPNG) announced today $1,381,562.50 in orders
came in since the beginning of the month from the Las Vegas trade shows.
The company received world wide orders from countries like Amsterdam,
Dubai, Canada, Panama, and, of course, the USA. The company now has
approximately $14 million in orders with shipping dates to customers over
the next 12 months. The company shipped approximately $300,000 in orders,
9/01/07 - 11/30/07, this quarter only.

Steven Moskowitz, of SpongeTech Delivery Systems, stated “The SEMA /
AAPEX Show in Las Vegas last month was a great show. We received close to
$1.4 million for new products from countries world-wide. I was at the show
and spoke to so many international buyers myself. I think we could see more
orders coming in over the next few months, especially after we start
integrating their company’s products into our sponge technology. This is a
nice ‘thank you’ to the investors and shareholders who have stayed with the
company when we were getting started.” Mr. Moskowitz also added, “We truly
are a world-wide company! We have definitely forged ahead with our
environmentally-safe products and look forward to continuing. SpongeTech,
we are proud to say, is helping in the Green campaign by allowing our
customers to ‘Go Green’ every month!”

For more information please contact Investor Relations at 1-877- SPONGE
T and ask for Bill Young, or visit the company website at:
http://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.

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech(R) Delivery Systems, Inc. Filled Initial South American Order in September! Now, Re-order over $2,475,000 USD!!



President of S.A. Trading Company States that SpongeTech(R) has Only
‘Scratch the Surface’ of the After-Market Automotive Parts Industry in
Brazil!

NEW YORK, Dec. 20 /PRNewswire-FirstCall/—SpongeTech(R) Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) today announced that they have
gotten the real first big re-order with S A Trading Company, who is our
distributor for South America. We shipped an initial order in September and
they just ordered over 240,000 units. This total new order comes to
$2,475,500 USD.

Steven Moskowitz, CFO of SpongeTech(R) states, “This re-order is a good
sign that there is significant room for expansion and growth in the South
American after-market automotive parts industry.”

In fact, Anthony Gonzales, the President of this S.A. Trading Company,
recently talked to Mr. Moskowitz to confirm his rather sizable order, and
to express the fact that he felt SpongeTech(R) had only “scratched the
surface” of the market down there with its unique automotive cleaning
products. “In Brazil, we love our cars nearly as much as we love our
women,” commented Mr. Gonzales, “and keeping our cars clean is nearly a
national past-time for us. Our client base, which exists of automotive
after-market parts stores and other similar retail locations, has responded
extremely well to the SpongeTech(R) product line.”

For more information please contact Investor Relations at 1-877- SPONGE
T for Bill Young or visit the company website at: http://www.spongetech.com.

About SpongeTech Delivery Systems

SpongeTech(R) Delivery Systems 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 (child-safe) bath foam sponge. Each SpongeTech(R)
Delivery System sponge is fully biodegradable and is designed with their
cutting-edge technology and environmentally friendly.

“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.

SOURCE SpongeTech Delivery Systems Inc.

SpongeTech Delivery Systems, Inc. Releases 10-QSB, for Second Quarter 2008, Highlights Rapidly Expanding Sales Growth!



SpongeTech Reports Current Sales Up $331,736 USD over same Quarter ending
November 2006!

NEW YORK, Jan. 15 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce the release
of its 10QSB for Second Quarter 2008, after the market closed yesterday. As
previously announced the company has an order backlog. The company is now
on the fast track to fill and ship its sales and the order backlog after
moving into a larger facility this month, which should result in a large
rise in quarter over quarter revenue. As a result, the company’s sales and
business growth is ‘on track’ and is expected to continue to expand in the
coming quarters of the company’s fiscal year, as well as for 2008 calendar
year. The 10-QSB reported that the company had sales for second quarter
ending November 30, 2007, up $331,736 USD, compared to same quarter ending
November 30, 2006. The main reasons for the rapid SpongeTech revenue
increases is a direct result of the company’s aggressive marketing
campaigns, industry trade show participation, ecommerce sales from the
company’s website, and rapidly expanding sales in our new domestic and
international retail and distribution channels. The company’s aggressive
growth strategy is starting to pay off in a significant way with new
domestic sales and global distribution channels starting to drive product
sales, and aggressive corporate marketing campaigns bringing in new sales
and distribution opportunities from many new regions of the world.

SpongeTech has been historically focused on the automotive, motorcycle
and boat cleaning product markets with its’ Wash & Wax Delivery Systems
Products, but SpongeTech is now also expanding its product offerings into
new vertical markets including household/personal cleaning products such as
anti-bacterial bath and kitchen products. The company has already announced
a new children’s bath foam sponge, with a “safe mesh” coating in the shape
of animals, infused with a gentle no-tear, non-irritating anti-bacterial
soap. Future marketing venues for their unique SpongeTech Delivery System
technology include medical antibacterial cleaning applications, kitchen,
bath and outdoor cleaning products, and various food service products.

Steven Moskowitz SpongeTech COO commented, “We are pleased with the
sales growth of the company and we expect a continuing high rate of growth
throughout the remainder of 2008 and beyond. We recently attended one of
the largest motorcycle and boat shows in the country in the last week of
December and we had a very favorable response from show attendees. With the
sales backlog we already have on the books and are actively working to
fulfill, the retail and distribution contacts we have made and the
contracts we are presently negotiating, I think we are heading for a
fantastic year in 2008! SpongeTech is committed to keeping its investors
informed on a regular basis about what is going on in the company, as we
have tried to do in this past year, and we are excited with the company’s
prospects for rapid sales and revenue growth moving forward.”

For more information please contact Investor Relations at 1-877- SPONGE
T or visit the company website at: http://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.

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech Announces Strong Revenue Growth



Company Shows Net Operating Profit for the Quarter Ended November 30, 2007

NEW YORK, Jan. 15 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc (OTC Bulletin Board: SPNG) announced its financial results for
the three and six months ended November 30, 2007. The Company achieved a
first-ever net profit for the three-month period ended November 30, 2007,
the second quarter of SpongeTech’s 2008 fiscal year. Although the profit of
just over $8,000 was rather nominal, it represents a key milestone in the
development of this emerging consumer goods company. In addition the
Company had sales for the second quarter in 2007, of $343,052 USD compared
to $11,316 USD, in sales ending same quarter in 2006.

Additional financial detail and discussion can be found in the
Company’s 10-QSB for the quarter ended November 30, 2007.

Steven Moskowitz, SpongeTech COO, commented, “We are pleased with the
growth of the company and I expect our sales will grow even more over the
next few months. We attended a motorcycle and boat show during last week of
December, where our booth was of great interest with attendees. We fielded
a lot of questions and indication of interest in our products. We were also
approached by distributors that are interested in working with us. With the
sales we have pending, the contacts we have made and the contracts we are
negotiating, I think we are heading for another good year. We, as a company
are excited with the company’s prospective growth moving forward.”

About SpongeTech Delivery Systems

SpongeTech 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 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 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.

BALANCE SHEET:

November
30, 2007
Assets
Current assets:
Cash $21,064
Accounts receivable 116,815
Other assets 641,894
Total current assets 779,773
Long term assets 314,929
Total assets $1,094,702

Liabilities and Stockholders’ Equity
Total liabilities $273,280
Stockholders’ equity (deficiency) 821,422
Total liabilities and stockholders’ equity
(deficiency) $1,094,702

RESULTS OF OPERATIONS

Three months Six Months
ended November 30, ended November 30,
2007 2006 2007 2006

Sales $278,976 $27 $343,052 $11,316
Cost of goods sold 35,110 17 48,676 4,656
Gross profit 243,866 10 294,376 6,660
Operating expenses
Selling, general and
administrative costs 230,862 86,002 287,648 91,260
Depreciation and
amortization expense 4,336 1,072 8,321 2,142
Total operating
expenses 235,198 87,074 295,969 93,402
Net income (loss) $8,668 $(87,064) $(1,593) $(89,742)
Basic and diluted income
(loss) per common stock
Net income (loss) per
share - basic and
diluted $0.00 $(0.00) $(0.00) $(0.00)
Weighted average
common stock
outstanding 67,842,406 34,072,626 60,842,406 34,072,626

SOURCE SpongeTech Delivery Systems Inc.

SpongeTech Delivery Systems, Inc. to Air on QVC in APRIL!



SpongeTech Gets First QVC Purchase Order for 3,000 Units!

NEW YORK, Jan. 17 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that QVC
will be airing shows featuring SpongeTech products between March 18th and
March 25th. SpongeTech has received the first QVC purchase order for 3,000
units for sales fulfillment ... SpongeTech will publish another press
release with information on QVC channels and airtimes as we get closer to
the broadcast date and airtimes are set. This is only one of many sales
campaigns the company is planning to run in early 2008.

Steven Moskowitz, SpongeTech COO, said, “We are excited that we have
arranged this SpongeTech product airtime and sales opportunity with QVC. If
this first product airing and exposure with QVC is successful, we are
hopeful there will be many more opportunities to work with QVC in the
future. We have been asked about the timing of the QVC coverage and why are
they airing these product spotlights in APRIL? We have explained that this
is an ideal time to be SpongeTech products, just in time for spring.
Products ordered during the QVC airings should get to customers just in
time to head out on one of those great spring days to wash & wax their car.
With up to eight washes per product—customers will be set for
summertime!

SpongeTech is busy working on other sales opportunities and promotional
programs and we will continue to update investors as soon as those news
items are ready for public release. We welcome the opportunity to speak to
investors about questions they may have, or feel free to call or email us
via the contact information on our website. We are very excited about the
activities and happenings at SpongeTech. It should be an exciting year for
us and we are looking forward to our continuing sales and revenue growth
throughout 2008.”

For more information please contact Investor Relations at 1-877- SPONGE
T or visit the company website at: http://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.

Contact:  SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
or

SOURCE SpongeTech Delivery Systems Inc.

SpongeTech Receives $2,385,000 in New Orders for the New Pet Sponges and New Children’s Sponges!!!



SpongeTech Sells 270,000 Units of the New Pet and Children’s Sponges with
the SpongeTech-nology in Them!!

NEW YORK, Jan. 29 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) today announced they received an
order last Friday for $2,385,000. That’s 270,000 units for the new
Children’s and Pet Sponges. The pet sponge is a no tears, tangle-free
shampoo for pets that leaves a lustrous sheen. The children’s sponge is a
no tears bath wash called the “Puddle Pals Children’s Sponge.”

The first 12,000 units of “Puddle Pals Children’s Sponge” are scheduled
for delivery July 25, 2008, with an additional 12,000 units per month for
the next two months, for a total of 36,000 units. The Pet Sponges’ first
68,000 units are scheduled for delivery September 15, 2008, with another
68,000 units on October 15, 2008, and a balance of 98,000 units on November
15, 2008, for a total of 234,000 units.

The company has had many calls and e-mails about the ‘back orders’ and
when the company is going to fill them. The company does not have ‘back
orders.’ They have orders with scheduled fill times and pending deliveries,
like you see above, the orders are filled on a pre-determined schedule so
the distributors and retailers are not ‘sitting’ on product and they
determine when they want it. The orders are then shipped as scheduled.

Steven Moskowitz SpongeTech COO said, “I am pleased to see the new
products finally hit the market place, and I expect new products sales will
continue to grow over the next few months. We are working on new products
with new companies, and we will update the shareholders as we move forward.
As shareholders, we are all happy with the new product roll-outs!! We are
now a three product company.”

For more information please contact Investor Relations at 1-877-SPONGE
T for Bill Young or visit the company website at: http://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.

Contact:
SpongeTech Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438

SOURCE SpongeTech Delivery Systems Inc.

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 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC 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: http://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.

Contact:
SpongeTech Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438

SOURCE SpongeTech Delivery Systems, Inc.

SpongeTech Delivery Systems, Inc New Commercial To Air Nationally Starting on President’s Day!!



SpongeTech Initiates an Advertising Contract that will Run for the Next Six
Months and Reach Millions of Viewers!

NEW YORK, Feb. 15 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG) announced today that the company
will start airing a new commercial for its Auto Wash & Wax System on
Monday, February 18th (President’s Day). The commercial will run on a
variety of cable and satellite channels. The company has initiated an
advertising contract that calls for the commercial to run for the next six
months, and will reach millions of viewers daily. The company will have
telephone operators standing by to take phone orders and the company will
likely add more online ordering capabilities as they update their web site
in the near future.

SpongeTech’s COO Steven Moskowitz commented, “This is a big step for
SpongeTech and we are excited about this new TV advertising program. We
have been consistently increasing our marketing and advertising programs
over the last six months, but this new TV advertising deal should catapult
our company’s direct sales to a new level. Direct sales of products tend to
have higher profit margins and will help the company achieve and maintain
higher net margins as our production and fulfillment volumes increase
throughout the year. We are expecting a good level of return for this
investment in TV advertising and we will keep our investors in the loop
providing periodic updates on how sales are going as a result of the TV
advertising.”

For more information please contact Investor Relations at 1-877- SPONGE
T for Bill Young or visit the company website at: http://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.

Contact:
SpongeTech Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438

SOURCE SpongeTech Delivery Systems Inc.

SpongeTech Delivery Systems, Inc. Gets a $2,750,000 Re-order from its U.S. Asia Distribution Company, Inc. First 10,000 Units Sold Out in 25 Days!



SpongeTech Reports a re-order of 250,000 units of its Auto Care Products by
U.S. Asia Distribution.

NEW YORK, March 4 /PRNewswire-FirstCall/—SpongeTech Delivery
Systems, Inc. (OTC Bulletin Board: SPNG - News) announced today the
re-order of $2,750,000 of its Auto Care Products from U.S. Asia
Distribution Company, Inc. The Distribution Company had the first delivery
of 10,000 units in December 2007, and had a 93% sell through in just 25
days. They distributed the SpongeTech products to 325 outlets. The
re-order, for 250,000 units, is scheduled for delivery between August and
December 2008. According to Tom Chang, CEO of U.S. Asia Distribution
Company, Inc., there was great acceptance and enthusiasm of the SpongeTech
Auto Care Products. He expects the same enthusiasm as they begin selling
the products on TV in Australia.

Steven Moskowitz, COO of SpongeTech, commented, “We are pleased with
this re-order as we continue to expand and grow our Company. We are also in
the process of testing the SpongeTech Pet Sponge and Puddle Pals in Asia
and hope to see the same acceptance and enthusiasm with these products as
well.”

For more information please contact Investor Relations at 1-877-SPONGE
T or visit the company website at: http://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,