SpongeTech Delivery Systems to Be Featured at the 2009 US Open
NEW YORK—(BUSINESS WIRE)— SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG), announced today that the Company has established a relationship with the United States Tennis Association (“USTA”) and its premier event, the 2009 US Open, August 31 to September 13, 2009. Building upon existing Major League Baseball and National Football League partnerships, the US Open will provide SpongeTech new international sports appeal. The Company will receive premium courtside signage at the Arthur Ashe Stadium in New York and an on-site product kiosk on the grounds.
This deal continues to present SpongeTech as the newest major player in the sports sponsorship landscape. “We look forward to a fantastic relationship with the USTA,” stated Michael Metter, CEO of SpongeTech. “This partnership will allow us to reach an international fan base and market our product during this prestigious tournament. A premier event such as the US Open will provide SpongeTech the opportunity to showcase our brand name worldwide.”
SpongeTech has recently begun sponsoring multiple teams within the NFL, including the New York Giants and Jets. The Company continues to grow its sports sponsorship portfolio in 2009, which have included leveraging MLB teams and the World Football Challenge.
The USTA is the national governing body for the sport of tennis in the U.S. and the leader in promoting and developing the growth of tennis at every level — from local communities to the highest level of the professional game. A not-for-profit organization with 730,000 members, it invests 100% of its proceeds in growing the game. It owns and operates the US Open, the highest attended annual sporting event in the world, and launched the Olympus US Open Series linking 10 summer tournaments to the US Open. In addition, it owns the 94 Pro Circuit events throughout the U.S., is a minority owner and promotional partner of World Team Tennis, and selects the teams for the Davis Cup, Fed Cup, Olympic and Paralympic Games. The USTA philanthropic entity, USTA Serves, provides grants and scholarships and through tennis, helps underserved youth and people with disabilities to improve academics, build character and strive for excellence. For more information on the USTA, log on to usta.com.
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™.
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