SpongeTech4

Spongetech Delivery Systems (OTCBB: SPNG) 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.

• Formed in July 1999
• Acquired Nexgen Acquisitions VIII July 15, 2002, via a reverse merger and renamed company in October 2003 to Spongetech Delivery Systems, Inc.
• License packaging & delivery technology from H.H. Brown Shoe Technologies, Inc. (d/b/a Dicon Technologies), a majority-owned subsidiary of Berkshire Hathaway
• Product development and limited operations Fiscal 2004 2007
• Completed initial public registration and began trading November 2006 NASD: OTCBB SPNG

Vision

The company offers innovative, cost-effective and environmentally sensitive packaging and product delivery solutions through our exclusive, patented packaging technology.

Mission

To design develop and deploy a broad-based series of branded and private label packaging solutions for consumer products and industrial applications.

Target Market

• Auto Care Market products
• Kitchen cleaning products
• Outdoor cleaning products
• Bath cleaning products
• Children s bath products/toys
• Food service

Sales Distribution

• Branded Consumer Goods Manufacturers network
• Regional distributors
• Industry specialists
• Co-op specialist and programs
• In-house sales personnel
• Independent contract sales organizations
• Direct to store / Direct to consumer
• Internet
• Vending

Initial Customers

• Turtle Wax
• SC Johnson
• ITI
• Harbor Enterprises
• RS Strauss
• Auto Supply

Revenue Channels

• Private label for branded consumer goods manufacturers seeking better packaging and distribution system of their products
• Spongetech brand development for unique applications
• Co-operative brand ventures with branded consumer goods seeking alternative distribution channels
• Specialty brand ventures with retailers

Recent SPNG News:

August 8 - SpongeTech Receives Order for over $2,500,000 from Asian Distribution Company of USA

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) today announced they have received an order from Asian Distribution Company of USA. The order from Asian Distribution Company is for $2,500,000. That s 250,000 units to be delivered to Asian Distribution Company to export to all of Asia, but mainly Russia for 2008. This gives us a continuing growth in the global market and the high demand we are looking for the company products.

Steven Moskowitz, Chief Financial Officer of SpongeTech Delivery Systems stated I am personally pleased with the order with Asian Distribution Company of USA. This puts SpongeTech in the Asian and Russian markets and gives us the global growth today s companies need to compete!

July 31 - SpongeTech Delivery Systems, Inc Projections of $18,940,000 in Orders from Media Campaign!!

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company is pleased to announced, with focus groups and projections done, the company s total projections for the agreement with Incredible Discoveries is $18,940,000 in orders for the next 18 months!! SpongeTech wants shareholders and inventors to know this $18,940,000 projection is in orders only with Incredible Discoveries!! This does not include any other sales the company is doing or working on. The company will continue to update its shareholders as this moves forward into the release of the infomercial and other parts of the Incredible Discoveries agreement!

Steven Moskowitz, Chief Financial Officer of SpongeTech Delivery Systems stated, $18,940,000 of projected orders in the next 18 months, for a contract that has not cost the company any money, is great for SpongeTech! We are all hoping to reach and surpass this projection!! That would be nice! It is important for everybody to understand these projections are with Incredible Discoveries only, and only reflects part of what the company is doing in sales and advertising. We recently ran a full back page ad in NY, NY in the Metro with a circulation of over 250,000 and ran ads in newspapers in many major cities throughout the country. With the Motor Man Leon Kaplan, YouTube ads and SpongeTech CEO Michael Metter interviewed on Steve Crowley's American Scene Show, we are a company on the move and are doing our best to add value for our shareholders and investors.

July 26 - SpongeTech Delivery Systems, Inc. and Incredible Discoveries Projections of $7,500,000 in Orders on DRTV

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company is pleased to announced the focus groups results are in and the company got a 2.7!! So that you understand the numbers, a focus group gives 1.5, which is good, a 2.0 is very good. The projections, with the five focus groups were 2.7!! What that means to SpongeTech is that the 12 months sale projections, for only the DRTV part of the campaign, will be $7,500,000 in orders. This is the infomercial part of the Incredible Discoveries agreement only. SpongeTech Delivery Systems, Inc. and Incredible Discoveries are still working on the projected revenue for retail and total campaign results. The company will continue to update its shareholders as this moves forward.

July 23 - SpongeTech Delivery Systems, Inc. was on the ''Motor Man'' Leon Kaplan Show last Sunday!

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company is pleased and excited to announce they started this past Sunday and will be running for the next four Sundays, on the Motor Man Leon Kaplan Show to see what the response from his listeners will be! SpongeTech is thinking about being a sponsor of the Motor Man Leon Kaplan Show with you as a listener, a shareholder or both, please let us know what you think!! Call 1-877- SPONGE T or go to the website and visit at www.spongetech.com.

SpongeTech also kicks off a newspaper ad campaign in NY, NY on Friday!! Look at the The Metro" 250,000 view SpongeTech Delivery Systems, Inc., (OTCBB: SPNG), on back page of The Metro. These and other newspaper ads will be running across the country."

July 19 - Incredible Discoveries and SpongeTech Delivery Systems, Inc Gets to Spend $3,750,000 in Media Program from I02media Immediate Capital Group!!

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company announced a contract signed on July 2, 2007 with Incredible Discoveries. Incredible Discoveries, as part of the contract, agreed they are going to fund all airtime allowing us to have the infomercial by the fall. We want to update the shareholders on this and let them know I02media Immediate Capital Group has agreed to spend $3,750,000 for the media program with SpongeTech Delivery Systems, Inc. and Incredible Discoveries. This should allow SpongeTech Delivery Systems, Inc to air its infomercial by the fall. The company will be giving its' shareholders updates as this moves forward.

Steven Moskowitz, Chief Financial Officer of SpongeTech Delivery Systems stated, This contract, with Incredible Discoveries and the funds for the media means no out-of-pocket expense for the company to do the infomercial. This should allow us to be on the air by fall, as we planned. We are initiating a few focus groups and working on projections with Incredible Discoveries. We should have that information within the next week or two. I believe this is a very good agreement for the company and that the shareholders will be anxious to see what the projections are.

July 17 - SpongeTech Delivery Systems, Inc. CEO, Michael Metter, Wants Public To See How Easy It Is To Be Environmental Friendly!

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) CEO, Michael Metter, offered 250,000 free Green SpongeTech Environmentally Friendly Sponges to listeners of Steve Crowley's American Scene Show. Michael announces that we are giving away 250,000 free Sponges to the listeners of the last Friday morning show. Two hundred fifty thousand of the Steve Crowley's American Scene Show listeners can take advantage of this Special, and receive a FREE Green SpongeTech! Each biodegradable sponge is designed with their cutting-edge technology and is good for up to 8 or more car washes. Go to the SpongeTech website and see how easily you can change to the Green way of life. For details and instructions of how to receive your free sponge delivery system, visit www.spongetech.com.

This is the web-link to http://www.businesstalkradio.net/ from SpongeTech Delivery Systems, Inc. web site so you can hear what the CEO, Michael Metter, said to Steve Crowley s American Scene Listeners.

July 9 - Incredible Discoveries Chooses SpongeTech Delivery Systems, Inc. over 20 other companies!

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) the Company is pleased to announce on July 2, 2007 the company signed a contract with Incredible Discoveries. Incredible Discoveries picked SpongeTech Delivery Systems, Inc., and it s product, over 20 other companies and their products! As part of the contract, they are going to fund all airtime allowing us to have the infomercial by the fall. You will be able to see it on the Incredible Discoveries website http://www.incrediblediscoveries.com after the infomercial is done, we will update you with the channel and time as airtime is set!!

CEO, Michael Metter, stated, “We were very pleased to have Incredible Discoveries chose our product over 20 others.” He further stated, “This is a milestone contract for our company with vast opportunity for investors and all our current shareholders. This is only the beginning as the uses for our delivery systems are just being realized for our very amazing product and it receives the recognition it deserves! They like the way the company has made a commitment to the Green Issues of today by focusing on providing people with the ability to change easily to a Green way of Life! We, as a company are continuing to grow in the global market, and it shows, with the demand for the company products.”

OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com has been compensated eight thousand five hundred dollars by the company for SPNG advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

Named One of the Top 7 Best Products at the Automotive Aftermarket Expo in Las Vegas

Kick the bucket with the ultimate one step Auto Wash & Wax System from SpongeTech® when cleaning your boat, airplane, ATV, Jet Skis, Motorcycle and more. SpongeTech® saves you both money and time due to its Patented Super Absorbent Polymer (SAP) Technology.

This technology locks the Car wash and Car wax into the sponge when it is formed insuring 8 or more washes and waxes. This same Technology holds the Auto wash and Car wax in the sponge until it is activated by a combination of adding water and then repeatedly squeezing the sponge to activate the wash and wax. As a result the wash and wax fluids stay inside the sponge and won't run out or dry up in-between uses.

SpongeTech® is the ultimate time and money saving Car wash and Auto wax system since the wash and Auto wax are built in the sponge you apply both products in one easy application in 30 minutes or less with professional results, while no longer having to buy separate expensive washes, waxes, and sponges.

• Washing Sponge with High Quality Car Wash and Carnauba Wax
• Built-in Auto Detailing sponge with All Purpose Cleaner
• High Tech Chamois that dries to a high luster shine
• All in 1 Auto Care Kit
• Safe for all Vehicle Finishes
• Auto Detailing Sponge can be used for most cleaning jobs
• Use on Cars, Trucks, Boats, SUV's, RV's, Motorcycles and more
• The Auto sponge is self cleaning
• High Tech Chamois has 100's of uses around the house, office & workshop
• Patented Spongetech technology Publicly Trading Company

Included in the kit is an auto detailing sponge that also has an all-purpose cleaner built into the sponge to clean interior dashboards, convertible tops, wheel rims, road tar, or PVC outdoor furniture.

Also included is a high-tech chamois that hold up to 100 times its weight to wipe the vehicle dry to a high luster shine.

The Ultimate One Step Car Wash & Car Wax System from SpongeTech is biodegradable, gentle enough for all surfaces, yet tough enough to remove stubborn dirt, and you will never have to buy expensive bottled soaps & waxes again.

Technology

Hydrophilic Polyurethane Matrices - Non-absorbent sponge-based technology that allows active product ingredients to become imbedded in the Sponge - the package

• Patented Non-absorbent sponge-based technology that allows active product ingredients to become imbedded in the Sponge (Hydrophilic Polyurethane Matrices )
• Does not absorb water
• Bonds dehydrated, active ingredients into the sponge allows effective release during use with the application of pressure and water
• Anti-bacterial / 99% Germ Free
• Environmentally friendly Green
• Easy consumer use and application, easy storage
• More effective and efficient application by consumers more value

Endorsements

• Rated one of the 7 best products at the Las Vegas Automotive Aftermarket Product Expo
• Recently introduced advertising campaign appearing in 944 Magazine
• Commercial appearing on Cable TV and at Spongetech.com
• Featured on Money TV (5/11) and the LA times (5/20)
• Received $3 Million dollar orders from South American customers.

OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com has been compensated eight thousand five hundred dollars by the company for SPNG advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com has been compensated eight thousand five hundred dollars by the company for SPNG advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.

OTCPicks.com Safe Harbour Statement: Statements contained in this document, including those pertaining to estimates and related plans, potential mergers and acquisitions, estimates, growth, establishing new markets, expansion into new markets and related plans other than statements of historical fact, are forward-looking statements subject to a number of uncertainties that could cause actual results to differ materially from statements made. OTCPicks.com provides no assurance as to the subject company's plans or ability to effect any planned and/or proposed actions. OTCPicks.com has no first-hand knowledge of management and therefore cannot comment on its capabilities, intent, resources, nor experience and makes no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company or publicly available sources believed by OTCPicks.com to be reliable, but OTCPicks.com provides no assurance, and none is given, as to the accuracy and completeness of this information.

Disclaimer: The information, opinions and analysis contained herein are based on sources believed to be reliable but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. Past performance is no guarantee of future results. This report is for information purposes only and should not be used as the basis for any investment decision. OTCPicks.com has been compensated eight thousand five hundred dollars by the company for SPNG advertising and promotional services. Write or call OTCPicks.com for detailed disclosure as required by Rule 17b of the Securities Act of 1933/1934. OTCPicks.com is not an investment advisor and this report is not investment advice. This information is neither a solicitation to buy nor an offer to sell securities. It should be considered to be an advertisement. Information contained herein contains forward-looking statements and is subject to significant risks and uncertainties, which will affect the results. The opinions contained herein reflect our current judgment and are subject to change without notice. OTCPicks.com and/or its affiliates, associates and employees from time to time may have either a long or short position in securities mentioned. Information contained herein may not be reproduced in whole or in part without the express written consent of OTCPicks.com.