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Today's hot alert includes :SpongeTech(R) Delivery Systems, Inc. (OTC: SPNG)
SpongeTech(R) Delivery Systems, Inc. Partners with Cleveland Cavaliers for the 2009 National Basketball Association Season
NEW YORK -- Oct 21 ,2009 -- SpongeTech(R) Delivery Systems, Inc. ("SpongeTech") "The Smarter Sponge(TM)", (OTC: SPNG | Quote | Chart | News | PowerRating) is pleased to announce today that the Company has partnered with NBA team, Cleveland Cavaliers. SpongeTech has become a proud partner of the Cavaliers and will receive prominent courtside signage and media exposure through their partnership.
This deal continues to establish SpongeTech as the newest major player in the US sports sponsorship landscape. "We are continuing to build our brand presence in Cleveland as the Cavaliers are the fifth professional sports team that we sponsor in Ohio," stated Steven Moskowitz, COO of SpongeTech.
SpongeTech currently sponsors the New York Knicks, multiple National Hockey League teams and eight National Football League teams. The Company continues to grow its sports sponsorship portfolio, previously leveraging Major League Baseball teams, the World Football Challenge, the US Open and professional boxing.
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