The tripleheader will broadcast live from First Council Casino in Newkirk, Oklahoma. A card of this caliber, and generating this level of interest, made the timing of SpongeTech’s leap into the boxing ring a no brainer. For fans of almost any professional sport, the name SpongeTech, has become a part of their watching experience, with ads showing up on TV broadcasts and at the venues of the US Open, MLB, NFL, NBA, NHL games, among many others.

Lou DiBella, the president of DiBella Entertainment, is proud that SpongeTech has decided to use his show as a vehicle for entering yet another pro sport. “SpongeTech is the preeminent sponsor in professional sports at the moment,” said DiBella. “I am glad they chose a show of this quality to enter pro boxing, and I am certain this will be the beginning of a long standing relationship between SpongeTech and DiBella Entertainment.”

SpongeTech’s COO, Steven Moskowitz said, "Teaming up with DiBella on the ShoBox event provides SpongeTech an opportunity to further expand our presence in sporting events that have major media coverage and being in the center of the ring will surely showcase our brand name among boxing fans watching the tripleheader. We look forward to participating in additional events with DiBella."

The October 2 show epitomizes the principle of the ShoBox series: Young Fighters Matched Tough. In the main event, top supper middleweight contender and vicious puncher Allan Green (28-1, 20 KOs) will be match another big puncher in Victor Oganov (28-2, 28 KOs). In the cofeature, Antwone Smith (16-1, 8 KOs), on one of the most impressive winning streaks in boxing, will do battle with Henry Crawford (22-0-1, 9 KOs). Also the telecast will be one of the best young fighters in the sport, super middleweight Marcus Johnson (17-0, 14 KOs) will face the toughest challenge of his career in rugged veteran Victor Villereal (8-3, 4 KOs).

For more information on DiBella Entertainment and/or the October 2nd event, visit: http://www.dbe1.com

About SpongeTech® Delivery Systems, Inc.

SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®'s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company's sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its products as The Smarter Sponge™ .

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 Third quarter ended February 28, 2009. 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.