Post by Clouseau on Dec 10, 2008 3:10:05 GMT
www.earthtimes.org/articles/show/spongetechr-delivery-systems-inc-partners,649532.shtml
SpongeTech(R) Delivery Systems, Inc. Partners with MGM Consumer Products for Pink Panther(TM) Licensed Products
Posted : Tue, 09 Dec 2008 15:03:03 GMT
Author : SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) America's Cleaning Company(TM) to Begin Nationwide Sales of Movie Icon Themed Soap-Infused Sponges NEW YORK, Dec. 9
NEW YORK, Dec. 9 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. America's Cleaning Company(TM) (OTC Bulletin Board: SPNG) has partnered with MGM Consumer Products, a division of MGM Home Entertainment Distribution Corp., a wholly owned subsidiary of Metro-Goldwyn-Mayer Studios Inc., to manufacture and market Pink Panther themed products to include a pet grooming sponge, a children's bath sponge, and a chamois. Marketing of these products, which are based on the popular animated character, will begin no later than March 1, 2009, with retail distribution to various outlets across the United States beginning no later than June 30, 2009.
The Pink Panther film series began in 1963. Directed by Blake Edwards and starring comedic great Peter Sellers as the bumbling French police inspector Jacques Clouseau, the Pink Panther cartoon character was featured in the opening sequences of each film and became instantly popular. This "cool cat" starred in 126 of its own short animated films, as well as numerous television shows, all set to instantly recognizable theme music composed by Henry Mancini. The film franchise was successfully re-launched in 2006, with Steve Martin in the role of Inspector Clouseau. The Pink Panther 2 film is scheduled to open in February 6, 2009.
SpongeTech(R)'s COO Steven Moskowitz, said, "The Pink Panther is one of the rare movie franchises that renews its popularity with each generation. We are very excited to be partnering with MGM Consumer Products, and consider this a wonderful opportunity for all involved. This partnership, along with recent other successes with leading sports and entertainment companies, is a testament to SpongeTech(R)'s superior product line and the wealth of licensing opportunities to which our products lend themselves."
For more information, please contact Investor Relations at
1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com .
About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries, is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world's largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching nearly 120 countries. MGM ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com .
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech(R)'s Proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the first quarter ended August 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com
SOURCE SpongeTech(R) Delivery Systems, Inc.
Posted : Tue, 09 Dec 2008 15:03:03 GMT
Author : SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) America's Cleaning Company(TM) to Begin Nationwide Sales of Movie Icon Themed Soap-Infused Sponges NEW YORK, Dec. 9
NEW YORK, Dec. 9 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. America's Cleaning Company(TM) (OTC Bulletin Board: SPNG) has partnered with MGM Consumer Products, a division of MGM Home Entertainment Distribution Corp., a wholly owned subsidiary of Metro-Goldwyn-Mayer Studios Inc., to manufacture and market Pink Panther themed products to include a pet grooming sponge, a children's bath sponge, and a chamois. Marketing of these products, which are based on the popular animated character, will begin no later than March 1, 2009, with retail distribution to various outlets across the United States beginning no later than June 30, 2009.
The Pink Panther film series began in 1963. Directed by Blake Edwards and starring comedic great Peter Sellers as the bumbling French police inspector Jacques Clouseau, the Pink Panther cartoon character was featured in the opening sequences of each film and became instantly popular. This "cool cat" starred in 126 of its own short animated films, as well as numerous television shows, all set to instantly recognizable theme music composed by Henry Mancini. The film franchise was successfully re-launched in 2006, with Steve Martin in the role of Inspector Clouseau. The Pink Panther 2 film is scheduled to open in February 6, 2009.
SpongeTech(R)'s COO Steven Moskowitz, said, "The Pink Panther is one of the rare movie franchises that renews its popularity with each generation. We are very excited to be partnering with MGM Consumer Products, and consider this a wonderful opportunity for all involved. This partnership, along with recent other successes with leading sports and entertainment companies, is a testament to SpongeTech(R)'s superior product line and the wealth of licensing opportunities to which our products lend themselves."
For more information, please contact Investor Relations at
1-877- SPONGE-T, and/or visit the Company's website at: www.spongetech.com .
About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries, is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world's largest library of modern films, comprising around 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching nearly 120 countries. MGM ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com .
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech(R)'s Proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's current product line is designed for Car Care and Pet Care, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company's Quarterly Report on Form 10-QSB for the first quarter ended August 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech(R) Delivery Systems, Inc.
Investor Relations:
Bill Young, 1-877-776-6438
wayoung55@aol.com or info@spongetech.com
SOURCE SpongeTech(R) Delivery Systems, Inc.
