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Friday, July 17, 2009

SpongeTech SPNG.OB ShopRite News - July 2009

7/17/09 - SpongeTech Delivery Systems, Inc. (SPNG.OB) is getting a big order this morning from ShopRite. SPNG stock is set to open up over $0.10 on this news

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SpongeTech® Delivery Systems, Inc. Receives Initial Purchase Order from Shop Rite

July 17, 2009 - SpongeTech®’s COO, Steven Moskowitz stated, "We will now work aggressively towards a successful marketing program targeted to customers of ShopRite. Supermarkets represent a very good customer base for the Company as they are geographically diversified and all products are desired for shelf space. We believe many consumers purchase household cleaning products while shopping for their groceries and we feel our innovative products will do very well at ShopRite.”

Headquartered in Keasbey, New Jersey, Wakefern is a retail cooperative that operates 2.5 million square feet of warehousing and its transportation fleet is one of the largest private fleets on the east coast. With more than 200 stores in six states, ShopRite serves more than five million customers each week. Together, Wakefern and ShopRite employ more than 50,000 people throughout New Jersey, New York, Connecticut, Pennsylvania, Delaware and Maryland. For more information on Wakefern Food Corporation and ShopRite, please visit http://www.shoprite.com/

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