DALLAS, Aug. 17, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring SpongeTech Delivery Systems Inc. (OTCBB:SPNG). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on SpongeTech Delivery Systems Inc. (OTCBB:SPNG) should be of particular interest to comparable companies: Ecolab Inc. (NYSE:ECL), Clorox Co. (NYSE:CLX), Church & Dwight Co. Inc. (NYSE:CHD) and Procter & Gamble Co. (NYSE:PG).

It is available at: http://www.beaconequity.com/i/SPNG

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SpongeTech Delivery Systems Inc. (SPNG) designs, produces, markets and distributes cleaning products to the consumer through large retail chains. The Company's proprietary sponges contain hydrophilic foam polyurethane matrices and other technologies. The Company's earth-friendly products include children, automobile, pet, health and beauty, kitchen and bath, as well as medical cleaning products. SPNG plans to globally brand its company as America's Cleaning Company.

In the report, the analyst notes:

"In July, SPNG announced it has acquired Dicon Technologies for $4.45 million in cash only. Dicon Technologies is a company that specializes in research and development of products derived from hydrophilic urethane chemistry.

"Dicon currently sells various products, including private label brands for multiple industries through established channels of distribution in the U.S., including traditional food, drug and mass market stores such as CVS, Walgreens, Kmart and Wal-mart, as well as direct sales to large commercial clients, all of which SPNG intends to immediately utilize. In addition to the U.S. distribution, Dicon currently has distribution in Asia."

To read the entire report visit: http://www.beaconequity.com/i/SPNG

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