4/16/09

Mets and Spongetech: A match made in heaven

I know you were wondering “Who is going to be the Mets official sponge?!” Lucky for you, I found the answer.

FLUSHING, N.Y., April 16, 2009 - The New York Mets and SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG.OB) today announced a multiyear agreement for "America's Cleaning Company" to join the Mets at Citi Field.

The comprehensive set of rights and benefits features permanent SpongeTech® Delivery Systems, Inc. signage on the left field facade of the Excelsior Level, a sponsored promotional giveaway day in May, in-park branding, and inclusion in marketing and media assets, such as Mets publications and in-game scoreboard messages.

As part of the agreement, the Mets and SpongeTech® will also conduct a children's baseball clinic for 125 kids each year.

"We are excited to renew our commitment with the Mets and for having the opportunity to continue reaching out to their growing fan base," said Steven Moskowitz, COO of SpongeTech®. "Last year's marketing campaign with the New York Mets stimulated sales and overall produced an excellent return on investment."

Well thank goodness we got that straightened out.

Can someone please explain to me how this company has enough money to advertise in Citi Field and all over SNY?