April 5, 2010 (FinancialWire) — SpongeTech Delivery Systems Inc. (OTC: SPNG) re-confirmed that future business prospects remain robust despite a number of unwarranted comments and publicity in the New York Post and other media.

Since September 2009, there have been shareholder lawsuits, adverse comments and other actions directed against the company. Company officials said such activities have not prevented the company and management from focusing on running and growing the business.

The company has been growing the products available to retailers and is continuing to develop additional products in the Car Care, Child Care, Home Care, Pet Care, Marine Care, and Medical Care. This also applies to our cosmetic, footwear, and medical market products. There are in excess of 50 SKUs currently sold by the company.

The company is aware of the shareholder frustration concerning the delinquent regulatory filings for the form 10K and 10Qs and the listing status of its shares on a public exchange to provide the transparency that our shareholders deserve. Management is continuing to work tirelessly to address these important filings and believes that the company will soon be in a position to report the validation of our growth, via public filings.

SpongeTech Delivery Systems is a company which designs, produces, and markets unique lines multi-usage cleaning products for Car Care, Child Care, Home Care, Marine Care and Pet Care usages.

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