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(EMAILWIRE.COM, January 29, 2008 ) Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of SpongeTech Delivery Systems. (OTCBB: SPNG). Mr. Dean comments, "SpongeTech Delivery Systems, Inc. recently announced 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. In addition, 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.”
To view the OTCPicks.com Company Profile for SpongeTech Delivery Systems, please visit: http://www.otcpicks.com/spongetech/spongetech.htm
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.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
OTCPicks.com
Brian Dean
972-546-3740
publisher@otcpicks.com 
Source: EmailWire.com
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