SpongeTech® Delivery Systems, Inc., creator of patented soap-releasing hydrophilic sponges, is getting together with entertainment giant Nickelodeon & Viacom Consumer Products to produce and distribute a line of soap and sunscreen infused sponges for kids. The partnership allows nationwide sales of sponges based on the long-running SpongeBob SquarePants character, as well as two other popular Nickelodeon characters, Dora The Explorer, and Go, Diego, Go.
SpongeBob SquarePants is one of the best known characters in the entertainment industry, with an estimated monthly viewing audience of over 70 million. The sponges will be sold at a number of mass market retail stores, as well as online, beginning in the third quarter of 2009.
SpongeTech’s COO, Steven Moskowitz, said “We are incredibly excited about this partnership and see this as a natural fit and a wonderful opportunity to produce and market SpongeBob-branded SpongeTech® product.” He concluded “With the partnership in place, coupled with our strong sales force, parents and children around the county now have an even greater opportunity to be introduced to SpongeTech®’s superior product line.”
SpongeTech, based in New York City, is best known for their line of soapy sponges used to make car cleaning easier. The patented sponges contain hydrophilic foam polyurethane matrices, configured with an outer contact layer and inner matrix for releasing specially formulated soaps and wax when in use. Although currently designed for cars, the partnership with Nickelodeon demonstrates the company’s interest in the possibility of using its patented technology for the development of sponges for other uses, such as anti-bacterial bath and kitchen soaps for household uses, and bath sponges for children.
Nickelodeon is the number-one global entertainment brand for kids. Nickelodeon’s U.S. television network is seen in over 96 million households, and has been the top rated basic cable network for 14 consecutive years.
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment