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Universal Energy Corp. Launches Aggressive 2009 Acquisition Plan

by admin on Mar.26, 2009, under OTCBB

HOUSTON, March 25, 2009 /PRNewswire-FirstCall via COMTEX/ — Universal Energy Corp. an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009.
“The decline in commodity prices over the past few months has brought about opportunities like I’ve never seen before,” commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, “We fully intend to acquire both producing properties and high impact assets over the next few months to continue building our portfolio along with providing value opportunity for our stockholders.”
Universal Energy Corp. is currently in discussions regarding the acquisition of producing and exploration assets that will enhance its growth potential and add stockholder value. These assets would be consistent with current properties along with providing the company with additional drilling opportunities. Management evaluates opportunities on a case-by-case basis and focuses on assets in, or close proximity, to established fields which provide the opportunity to add to the Company’s reserves and exploration portfolio.
Universal Energy Corp. is a publicly traded (OTCBB: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info for more details.
Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a “forward-looking statement” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
    CONTACT:
    Universal Energy Corp.
    Billy Raley, CEO, (800) 975-2076
    braley@universalenergycorp.info
SOURCE Universal Energy Corp.
 http://www.universalenergycorp.info

Copyright (C) 2009 PR Newswire. All rights reserved

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SpongeTech(R) Delivery Systems, Inc. March Madness Give-Away Very Successful

by admin on Mar.26, 2009, under OTCBB

SpongeTech(R) FREE Sponges for March Madness Give-away

NEW YORK, March 16 /PRNewswire-FirstCall/ — SpongeTech(R) Delivery Systems, Inc., America’s Cleaning Company(TM), (OTCBB: SPNG) is pleased to announce they are now giving-away 30,000 sponges, 10,000 of their cutting-edge, Auto Wash and Wax sponges, 10,000 of their Norman’s(TM) Pet sponges and 10,000 of their Pet Bowl Cleaner sponges. The FREE give-away starts at 9:00 AM, March 17th. This is part of SpongeTech(R)’s strategy to continue their national brand awareness with March Madness. To receive this FREE March Madness Sponge you must visit our SpongeTech(R) Delivery Systems, Inc. website at: www.spongetech.com; you must pay the shipping and handling Fee.

SpongeTech(R)’s products are “one-step” products, saving you time and money; pre-loaded with specially formulated soaps, conditioners and/or wax that are released when the sponge is soaked and applied to a surface with minimal pressure. All of SpongeTech(R)’s products are self-cleaning and inhibit the growth of bacteria in the sponge. They are earth-friendly and recyclable; “green” is in!!

Steven Moskowitz, of SpongeTech(R) Delivery Systems stated, “We are excited to present the March Madness promotion to our existing loyal customers and potential new customers. We hope everyone will take advantage of this great opportunity to see how amazing our products really are!”

To receive this FREE March Madness Sponge you must visit SpongeTech(R) Delivery Systems, website at: www.spongetech.com. Sponges will be given to the 30,000 visitors to register; you must pay the shipping and handling Fee.

For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company’s website at: www.spongetech.com

About SpongeTech(R) Delivery Systems, Inc.

SpongeTech(R) Delivery Systems is a company which designs, produces, and markets a unique line of reusable cleaning products for household use. These sponge-based products utilize SpongeTech(R)’s proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company’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 wetted and applied to a surface with minimal pressure. The Company’s current product line is designed for Car Care and Pet Care, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique ‘foaming’ bath sponge for children.

Safe Harbor Statement

Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company’s Annual Report on Form 10-KSB for the year ended May 31, 2008, the Company’s Quarterly Report on Form 10-QSB for the second quarter ended November 31, 2008. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations.

    Contact:

    SpongeTech(R) Delivery Systems, Inc.
    Investor Relations:
    Bill Young, 1-877-776-6438
    wayoung55@aol.com or info@spongetech.com

SOURCE SpongeTech Delivery Systems, Inc.

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