SpongeTech Delivery Systems, Inc. announced that the Company has completed the design and development of SpongeTech's Pink Panther Children's Soap Filled Bath Sponge. The new Pink Panther Children's Soap Filled Bath Sponge product will be in production shortly and will be available in Spring 2010. Pink Panther is an animated character that originally appeared in the opening and closing credit sequences of the 1963 live-action feature film "The Pink Panther". 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.

SpongeTech Delivery Systems, Inc. has signed a three-year marketing partnership with NBA team, the Charlotte Bobcats. Elements of the marketing partnership include television and radio advertisements, website presence, rotational signage placement, premium item giveaway opportunities, and new retail opportunities for SpongeTech. One of the most unique elements of the partnership is a VIP car wash for premium ticket holders, who will get their cars washed with SpongeTech products during select home games.

SpongeTech Delivery Systems, Inc. announced that Deloitte LLP has notified the Company that it would not act as SpongeTech's independent registered public accounting firm for the Company's fiscal year ending May 31, 2010. Deloitte was scheduled to commence its review of the Company's financial statements for the quarter ended August 31, 2009, immediately following the filing of the Company's Annual Report on Form 10-K for the fiscal year ended May 31, 2009.