SpongeTech wants you to “kick the bucket”, but don’t take it personally. They want you to quit using buckets full of water when it comes to washing your vehicles. They offer their one-step Auto Wash & Wax System from SpongeTech®. This system uses the company’s proprietary, patent (and patent-pending) technologies that involve hydrophilic (liquid absorbing) foam and polyurethane matrices. These sponges have an outer contact layer and an inner matrix. The inner matrix comes pre-loaded with specially formulated soaps and wax. These soaps and wax release when the sponge becomes wet and the user wipes a surface with minimal pressure. Therefore, there is no constant refilling of buckets with soap and clean water.
SpongeTech Delivery Systems Inc. (SPNG) trades on the OTCBB as part of the Cleaning Products industry in the Consumer Goods sector. They have their headquarters in New York City. The company focuses on the design, production, marketing, and distribution of cleaning products for household and vehicular use utilizing patented technology relating to their hydrophilic sponges. Their Patented Super Absorbent Polymer (SAP) Technology allows their customers to clean items while saving time and money by not having to use an assortment of buckets, solutions, mixes, clothes, wipes, soaps, and waxes. SpongeTech’s sponges are also biodegradable.
Their current product lines are for car care, home care, and pet care. SpongeTech is always looking for other uses for their technology. Their newest product is an anti-bacterial kitchen and bath cleaner. They are also developing their unique ‘foaming’ bath sponge for children. Their Puddle Pals bath sponges, with the soap built into the product, is on the horizon for children, allowing them the freedom of not having to use a bar of soap when taking a bath.
On August 4, SpongeTech® Delivery Systems, Inc. announced that the Dubai Export Import Company, in Dubai, has made a second re-order. This is for 210,000 units of SpongeTech’s patented Auto Care products plus a new order of 10,000 test units of SpongeTech®’s new kitchen and bath sponges. This makes the order in excess of $4,250,000 from this company. SpongeTech expects to ship this order in full by December 15, 2008.
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