SpongeTech Delivery Systems launches New TV Commercials
SpongeTech Delivery Systems, Inc. America’s Cleaning Company, (OTC Bulletin Board: SPNG) has announced that the Company will start airing a new TV commercial highlighting SpongeTech’s “easy-to-use” Product Cleaning Systems for the Car, Child, Home, and Pet. The commercials will run nationally and be viewed by over 100,000,000 viewers on a variety of cable and satellite channels including A&E, ESPN, Lifetime Movie Network, Speed Channel and Soap Channel. This new commercial ad will highlight the many advantages of using SpongeTech’s earth-friendly products.
SpongeTech’s COO, Steven Moskowitz said, “This is another big step in SpongeTech’s marketing and brand awareness campaign. Now that we have combined four cleaning product lines into one commercial, we allow consumers to see a variety of our cleaning products all at once. SpongeTech will continue to build its brand as being America’s Cleaning Company. We anticipate that this will also promote stronger sales for our domestic retailers.”
I just found this article in Crains New York Business. SpongeTech just Tripled it’s office space in New York and signed a 10 year lease and Tripled it’s employee head count in the last year. As well as they just began selling in Costco. I believe this is a very good sign following is the article from Crain’s
Do a search on GOOGLE FOR headline below
Swelling SpongeTech soaks up more space
By Amanda Fung
Published: May 12, 2009 12:00 AM
Fast-growing retail sensation SpongeTech Delivery Systems has filled up every nook and cranny in its current office space and is moving down the block to 10 W. 33rd St.
The Manhattan-based maker of sponges preloaded with detergents and even car wax—for cleaning everything from pets to cars—has signed a 10-year lease for 6,500 square feet at the Fashion Accessories Center. The asking rent for the partial fifth-floor space was $39 a square foot. SpongeTech plans to move out of its current 1,500-square-foot office at 43 W. 33rd St. by the beginning of June.
“We have run out of space,” said Barry Kolevzon, executive vice president of SpongeTech, which has within the last year tripled its head count to 18 employees. The growth was aided by aggressive nationwide ad campaigns. “We need to keep up with demand and handle sales growth.”
Founded in 1999, SpongeTech also wanted to remain near the Empire State Building and good rail and subway connections. “They’re comfortable with the location,” said David Levy, a principal of Adams & Co. Real Estate, the building’s landlord. Mr. Levy worked directly with the tenant on negotiations.
Details:
* Tenant Name: SpongeTech Delivery Systems
* Street Address: 10 W. 33rd St.
* Square Feet: 6,500
* Asking Rent: $39 Per Sq Ft.
* Lease Length: 10 years
* Market: Midtown
* Submarket: Penn Plaza/Garment Distric
* Borough: Manhattan
* Brokerage Firm: Adams & Co. Real Estate
* Author: Amanda Fung
* Landlord Broker: David Levy
* Tenant Broker: David Levy
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