SpongeTech(R) Delivery Systems, Inc. Partners with Nickelodeon & Viacom Consumer Products for Licensed Products
SpongeTech(R) Delivery Systems, Inc. Partners with Nickelodeon & Viacom Consumer Products for Licensed Products
America's Cleaning Company(TM) to Begin Nationwide Sales of SpongeBob SquarePants, Dora the Explorer, and Go, Diego Go! Children's Bathing and Sunscreen Sponges
Celebrating SpongeBob SquarePants' Tenth Anniversary, This Will be the First Time the Pop Culture Phenomenon Appears as a Soap-Infused Sponge
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. (BULLETIN BOARD: SPNG) has partnered with Nickelodeon & Viacom Consumer Products (NVCP) to bring SpongeBob SquarePants from the television screen to bathtubs and beaches in the form of soap- and sunscreen-infused sponges for kids. This partnership for nationwide production and sales not only includes the beloved SpongeBob SquarePants which celebrates its tenth anniversary in 2009, but two other popular animated Nickelodeon characters, Dora the Explorer, and Go, Diego, Go!.
SpongeTech(R)'s take on the lovable sea-dweller from Bikini Bottom will be available at mass market retail, drug, convenience, and specialty stores, online and e-tailers beginning third quarter 2009. Since its 1999 debut, SpongeBob SquarePants has become one of basic cable's most popular animated series with an estimated seventy million viewers monthly.
"SpongeBob is one of the great icons in popular culture today," said SpongeTech(R)'s COO Steven Moskowitz. "We are incredibly excited about this partnership and see this as a natural fit and a wonderful opportunity to produce and market SpongeBob-branded SpongeTech(R) product."
Moskowitz concluded, "With the partnership in place, coupled with our strong sales force, parents and children around the county now have an even greater opportunity to be introduced to SpongeTech(R)'s superior product line."
For more information please contact Investor Relations at 1-877- SPONGE T or visit the company website at: www.spongetech.com .
About Nickelodeon
Nickelodeon, now in its 29th year, is the number-one entertainment brand for kids. It has built a diverse, global business by putting kids first in everything it does. The company includes television programming and production in the United States and around the world, plus consumer products, online, recreation, books, magazines and feature films. Nickelodeon's U.S. television network is seen in more than 96 million households and has been the number-one-rated basic cable network for 14 consecutive years. Nickelodeon and all related titles, characters and logos are trademarks of Viacom Inc. (NYSE: VIA)(NYSE:VIA.B)
About Nick Jr.
Nick Jr. is a specially designed programming block airing on Nickelodeon weekdays from 9:00 a.m. - 2:00 p.m. (ET/PT). Completely dedicated to preschoolers ages 2-5, Nick Jr.'s Emmy, Peabody and Parents' Choice
Award-winning programs are curriculum based, fun and commercial free. At Nick Jr., kids play to learn with innovative, original shows created just for them.
About SpongeTech(R) Delivery Systems
SpongeTech(R) Delivery Systems is a 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 May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the first quarter ended August 31, 2008. 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.
Bill Young
877.776.6438
wayoung55@aol.com
The Investor Relations Group
Steven Melfi
212.825.3210
Nickelodeon
Tori Fernandes
212.846.4942
tori.fernandes@mtvstaff.com
Source: SpongeTech(R) Delivery Systems, Inc.
CONTACT: Bill Young, Spongetech Delivery Systems, Inc., +1-877-776-6438,
wayoung55@aol.com; or Steven Melfi, The Investor Relations Group,
+1-212-825-3210; or Tori Fernandes, Nickelodeon, +1-212-846-4942,
tori.fernandes@mtvstaff.com
Web site: http://www.spongetech.com/
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