News From Mike Ashley Racing and SpongeTech® Delivery Systems, Inc. FOR IMMEDIATE RELEASE CONTACT: Ted Yerzyk, Mike Ashley Racing tyerzyk@mikeashley.com (317) 852-6363, o, (760) 207-9767, c MIKE ASHLEY RACING ANNOUNCES PARTNERSHIP WITH SPONGETECH® BROWNSBURG, Ind. (June 23, 2009) – SpongeTech® Delivery Systems, Inc., America’s Cleaning CompanyTM, has partnered with Mike Ashley Racing and the Matco Tools Top Fuel team driven by current points-leader Antron Brown it was announced today. The Matco Tools dragster will sport the SpongeTech® logo beginning at the third annual Summit Racing Equipment Nationals at Norwalk, Ohio. "We at SpongeTech® are very excited to get involved with Mike Ashley Racing and the NHRA,” SpongeTech®’s COO, Steven Moskowitz said. “We feel our product and the NHRA demographics are very complimentary to each other. Our marketing focus is such that we want to reach the ‘do-it-yourself’ car care product user, and we feel this is a perfect fit. We are looking forward to seeing the SpongeTech® logo in high-speed action on Antron Brown's dragster and capitalizing on his performance." The SpongeTech®’s sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is soaked and applied to a surface with minimal pressure. The current SpongeTech® product line is designed for car, pet, child and home care. “SpongeTech® is a fantastic product that fits in perfectly with the NHRA demographic,” Ashley said. “NHRA fans are hands-on people and fans that clean their own vehicles will love the product. Like our race team, SpongeTech® is a company that is growing very quickly and they have taken an aggressive marketing approach; it’s a great fit for our racing culture. If you watch ESPN or Major League Baseball games, you’ve seen SpongeTech® a lot lately and our goal is to help the SpongeTech®’s product line continue to grow.” Ashley, a three-time NHRA Funny Car winner, including the prestigious U.S. Nationals in 2007, will return to professional competition this fall in a second MAR Top Fuel dragster as he attempts to become just the 15th driver in NHRA history to win races in both Top Fuel and Funny Car. The Ashley-owned Matco Tools dragster leads the NHRA Top Fuel standings and has not ranked lower than second this season. Brown has two wins, three runner-up finishes and four No. 1 qualifying awards this season. The Matco Tools car also has earned low elapsed time and top speed of the meet honors five times in 11 races this season. SpongeTech® Delivery Systems is a company which designs, produces, and markets unique lines of reusable cleaning products for Car Care, Child Care, Home Care and Pet Care usages. These sponge-like products utilize SpongeTech®’s proprietary, patent (and patent-pending) technologies and other technologies involving hydrophilic (liquid absorbing) foam, polyurethane matrices or other ingredients. The Company’s sponge-like products are pre-loaded with specially formulated ingredients such as soap, conditioner and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. SpongeTech® is currently exploring additional applications for its technology in the health, beauty, and medical markets. SpongeTech® Delivery Systems, Inc. intends to globally brand its Company as America’s Cleaning Company(TM). Headquartered in Brownsburg, Ind., Mike Ashley Racing fields the Matco Tools Top Fuel dragster driven by Antron Brown. MAR proudly represents racing partners Matco Tools, Lend America, DirecTV, Toyota, SpongeTech® Delivery Systems, Ringer’s Gloves, GoFast! Sports, Goodyear, FRAM, Autolite, Impact! Racing, Connexions Sports and Entertainment, and Forward Sports Marketing (FSM). Mike Ashley Racing supports Autism Awareness through their support of the Hyperbaric Therapy Center. A 2007 Centers for Disease Control report found that 1 in 150 children in America today have an autism spectrum disorder (ASD), and an estimated 1.5 million Americans and their families are now affected. Autism is a national health crisis, and Mike Ashley Racing is working to help educate the public about ways they can get involved. Visit the Heal Autism Now website for more information about how you can get involved at www.healautismnow.org. -30- MAR on Twitter: http://twitter.com/MARnews MAR on Facebook: http://www.facebook.com/#!/pages/Antron-Brown-Top-Fuel-Pilot/179847553336 www.spongetech.com www.mikeashleyracing.com www.antronbrown.com If you do not wish to receive e-mails from Mike Ashley Racing, please respond to tyerzyk@mikeashley.com.