About SpongeTech
SpongeTech? Delivery Systems, Inc., formed in 1999, set out to design, develop, and deploy a broad-based series of branded and private label packaging solutions for consumer products and industrial applications. The Company?s vision is to offer innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive, patented packaging technology. The focus is on earth friendly products.
SpongeTech? Delivery Systems, Inc, is a company which designs, produces and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology. These sponge-based products utilize SpongeTech?'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 soaked and applied to a surface with minimal pressure. The Company?s current product line is designed for Car Care and Pet Care. However, SpongeTech? 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.
SpongeTech? has formed 5 wholly-owned subsidiaries they are:
SpongeTech? Auto, Inc.
SpongeTech? Pets, Inc.
SpongeTech? Health & Beauty, Inc.*
SpongeTech? Kitchen & Bath, Inc.*
SpongeTech? Medical, Inc.*
To date, products have been introduced for the SpongeTech?Auto, Inc. and SpongeTech? Pets, Inc. Products. Upcoming is the launching of the SpongeTech? Health and Beauty Child Care Products. The SpongeTech? Kitchen & Bath, Inc. and SpongeTech? Medical, Inc. and SpongeTech? Health & Beauty, Inc. products are in development.
Management also continues to support certain charitable organizations, such as The Darryl Strawberry Foundation and Autism foundations.
SpongeTech? Delivery Systems, Inc. is a publicly traded company on OTC Bulletin Board Exchange (OTCBB): SPNG.OB.
* These product divisions are currently under development