Friday, February 20, 2009

(SPNG.ob) - SpongeTech Receives $500,000 Order from CVS Caremark

NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- SpongeTech® Delivery Systems, Inc., America's Cleaning Company(TM) (OTC Bulletin Board: SPNG - News), announced today an initial order from CVS Caremark (NYSE: CVS - News) in excess of $500,000.00. The order consists of the Company's Auto and Pet line products.

The SpongeTech® products will be available on shelves in over 6000 CVS Stores nationwide mid-March. This order is indicative of the Company's continued efforts to introduce our products into quality national retail chains; we anticipate great success with CVS and will be announcing additional retailers in the near future.

SpongeTech® COO, Steven Moskowitz, stated, "I continue to be pleased with the roll out of our products nationally as well as the sell-through we are seeing for our products, which I directly attribute to the quality of product as well our ongoing marketing campaign. This order is early in the season, with great opportunity for re-orders as we get into the spring summer 'prime car wash season'."

For more information, please contact Investor Relations at 1-877-SPONGE-T, and/or visit the Company's website at:

About CVS Caremark

CVS Caremark (NYSE: CVS - News) is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 6,800 CVS/pharmacy and Longs Drugs stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, Minute-Clinic; and its online pharmacy, General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at, as well as through the Newsroom section of the Company's Web site, at

About SpongeTech® Delivery Systems, Inc.

SpongeTech® 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®'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® 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.

( - Good Life China Corp. Closes Acquisition of Shenzhen Bread

Western Style Bread Growing in Popularity

BEIJING, Feb. 20 /PRNewswire-FirstCall/ - Good Life China Corporation (GLCC) is pleased to announce that it has closed the merger agreement with Shenzhen Bread Co. Under the retail banner of Miluga Bread, Shenzhen Bread currently operates 60 retail bakeries and also sells bread on a wholesale basis to various grocery chains and retail stores.

The Baked Goods industry is growing at an impressive pace, as Chinese culture begins to embrace baked goods from the Western world in addition to its traditional pastries. Recent research reports "growth can be seen particularly in urban areas where, due to the increasing pace of life, many people do not have the luxury of spending an hour at breakfast. This has given rise to the demand for nutritious and convenient food. Although bread competes with traditional Chinese breakfasts such as steamed buns, sales of western style bread are also on the increase thanks to the speed with which it can be prepared and eaten".

In addition, Miluga has had tremendous success with its line of Moon Cakes, selling 30 million of them in 2008. Mooncakes are a Chinese pastry. A thick filling usually made from lotus seed paste is surrounded by a relatively thin crust. Mooncakes are rich, heavy, and dense compared with most Western cakes and pastries. They are usually eaten in small wedges accompanied by Chinese tea.

With gross revenues in the 10 million Yuan range, and a 20% net profit ratio, the Company is in an excellent position to continue to grow through cooperation agreements and by expanding its geographic footprint to build regional bakeries servicing a growing franchise chain network around the Pearl River Delta (including the principal cities of Dongguan, Huizhou, Zhuhai, and Guangzhou in Guangdong Province).

Tuesday, February 17, 2009

( - Cross Atlantic Commodities Readies Advertising Campaign

FORT LAUDERDALE, Fla., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Cross Atlantic Commodities, Inc. (Other OTC:CXAC.PK - News), a manufacturer and distributor of nationally branded commodities, including food and general merchandising for stores nationwide, has set the launch date for its Rejuv by Caci(r) beauty products via nationwide media campaign.

Jorge Bravo, President and CEO of CXAC, comments, ``We secured the necessary funding to launch our 62 commercial spots for the one week national cable test. Rejuv by Caci(r) anti-aging cream will be seen by approximately 250 million people on the following stations: CW 100+, Discovery Health, Fifty, Hallmark Movie and WE.''

Each Rejuv by Caci(r) commercial is 120 seconds and is an infomercial format, calling action to be taken by the viewer. The commercial can be seen and product can be bought on the Rejuv by Caci(r) web site at

``Upon a confirmed schedule by the media company, we will share the days and times with the public,'' states Bravo. CXAC expects the cable test to bring immediate revenue. Furthermore, the media test shall provide a baseline for a regularly scheduled media campaign. ``The cable test launch shall allow us to determine which stations are connecting best with our target audience and shall greatly enhance our overall exposure. The feedback from the media test launch shall allow us to create a solid foundation for a more permanent campaign,'' stated Bravo.

Bravo continues, ``Securing the capital to launch this test was nothing short of a miracle. These current economic times have prevented us from moving quickly. Nevertheless, we have the capital and we are going live! These are very exciting times for everyone here at CXAC. We are a few short moments from putting Rejuv by Caci(r) on the path that will hopefully make it a household brand. CXAC shareholders have been waiting patiently for revenues and I am confident Rejuv by Caci(r) is the product that will put us in the black.''

A 60 day supply of Rejuv by Caci(r) sells for $29.95 (plus $6.95 S&H). For about $0.62 a day Rejuv by Caci(r) is a safe and more natural alternative to risky alternatives.

About Cross Atlantic Commodities, Inc.:

Cross Atlantic Commodities, Inc. manufactures, distributes and markets specialty food products and general merchandise to large food chains, clubs, and mass merchants. Fruit 2 Go(r) brand is a unique and healthy fruit snack packaged in a squeezable pack from our own design. Spray n Shine is our environmentally friendly waterless wash & wax that will clean up to five cars in a single can without the use of water or soap. Rejuv by Caci(r) is our immediate results anti-aging cream. Cross Atlantic Commodities, Inc. is a publicly traded company under the symbol CXAC. For more information, visit

( - Sarissa Resources Inc. Releases Drill Hole Results

BAY CITY, MI--(MARKET WIRE)--Feb 17, 2009 -- Sarissa Resources Inc. ("Sarissa" or the "Company") (Other OTC:SRSR.PK - News) released today partial assay results from Diamond Drill Holes 09-70 and 73. These holes are part of the current 9 hole program designed to test the D Zone of the Company's Nemegosenda niobium property in northern Ontario. Holes 09-70 and 73 were drilled deeper in order to test for possible depth extensions, and both encountered significant grades of Nb2O5 material below the previously identified cut-off of the mineralized zone. The Company considered it prudent to prioritize the assays from this deeper section of these holes in order to more accurately plan the remaining drilling.

The results below the 200 metre levels returned a 4.5 metre section in DDH 09-73 of 1.8% Nb2O5, from 229.30 to 233.80, including:

Metres From To Nb2O5%
1.5 229.30 230.80 2.5
1.5 230.80 232.30 1.7
1.5 232.30 233.80 1.4

Results from DDH 09-70 below the 200 metre level returned values of 0.42% Nb2O5 over 43.5 metres from 201.5 metres to 245 metres, including: 0.36% Nb2O5 over 18 metres from 201.5 metres to 219.5 metres; and 25.5 metres of 0.46% Nb2O5 from 219.5 metres to 245 metres.

The results from these holes indicate the presence of further significant mineralization at depths below what had previously been reported in historic drilling results, confirming Sarissa's theory that the deposit remains open to depth.

The Company is awaiting the remaining assay results from these holes. Full results from DDH 09-70 and DDH 09-71 should be available for release shortly.

In addition, Sarissa is honored to be exhibiting at one of the world's largest and most renowned mining events, the PDAC 2009, an international convention, trade show and investor's exchange which is hosted by the Prospectors & Developers Association of Canada, held at the Metro Toronto Convention Centre. In fact, Sarissa will be exhibiting at 2 locations during the convention. As well as being in the Investors' Exchange (booth 2400), we will also be exhibiting in the "Core Shack" (booth 5017.) The PDAC Core Shack display area will allow drill core from 60 deposits around the globe to be available for inspection along with maps, charts and technical information. Sarissa will be exhibiting on March 1st and 2nd.

Sarissa Resources CEO, Scott Keevil, commented, "It's gratifying to see the drilling results confirming, and improving on, what had been historically reported. I'm also very happy that we have been selected to display our drill core and geological information at the Core Shack area of the PDAC, and look forward to meeting some more of our shareholders there."

The company looks forward to keeping our shareholders informed in the coming weeks through continued updates, as further results are obtained and analyzed.

Alan Hawke, BSc. MSc. (Geology), a director of Sarissa, is a "qualified person" within the meaning of National Instrument 43-101 and has reviewed the technical information contained in this news release.

About Sarissa Resources

Sarissa Resources is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada.

( - Industrial Nanotech Releases Greenhouse Product

NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets: INTK - News), an emerging global leader in nanotechnology, announced today that the Company has launched “Nansulate Greenhouse”, a thin film, easy to apply, thermal insulation coating designed to be applied to the clear panels of greenhouses to reduce energy consumption and costs without reducing the passage of light critical to healthy plant growth.

The Company recently completed spectrophotometer testing on its patented translucent Nansulate® Greenhouse product to measure light transmission and absorbance through the thermally insulating and mold resistant coating. The data demonstrates that Nansulate does not interfere with the important visible light needed for healthy plant growth, while offering effective thermal insulation benefits to reduce the energy needed to maintain optimal temperatures in greenhouses, therefore significantly reducing operating expenses.

The testing was completed by Princeton Polymer Laboratories on a Beckman DU 600 full scanning UV spectrophotometer. Results showed that in the 400-700 nanometer wavelength range, which is critical to plant growth, it allowed 92% of visible light to pass through. In comparison, normal paned glass allows 90%-94% of visible light to pass through. A copy of the data can downloaded at

“Nansulate has unique benefits to offer the greenhouse agricultural industry,” stated Francesca Crolley, V.P. Operations & Marketing for Industrial Nanotech, Inc. “Our coatings provide excellent thermal insulation, as well as resistance to mold and fungus growth. Verification of the light transmission was the last piece of data we needed before offering this important solution to this essential industry. Our cost comparison analysis with insulation products that are currently being used in this industry show that not only can we offer a superior product for light transmission and thermal insulation, but at a very competitive cost. Our new greenhouse coating, NANSULATE GREENHOUSE, can be easily and quickly applied with a conventional paint sprayer or brush, costs about 37 cents per square foot for the recommended 3-coat application, and will last for a decade. In comparison, bubble insulation commonly used for greenhouses costs about 50 cents per square foot when you include the hardware needed to mount it (clips, Tek screws, adhesive spray) and is reported to last from three to four years. Nansulate offers an effective way for growers to use less energy heating their greenhouses, while allowing the necessary visible light for plant growth to pass through. It is an excellent and cost effective solution for this industry.”

Estimates show that more than 80 percent of energy used for greenhouses goes toward heating. In northern climates, energy for heating greenhouses is a major expense. For commercial growers, energy costs represent the third-largest expense after labor and stock.

The commercial greenhouse growers market is divided between food/vegetable growers and flower growers, or floriculture. Floriculture is a $10 billion component of the U.S. economy. Worldwide, 145 countries are involved in greenhouse flower production. Wholesale value of world floriculture industry was $101.84 billion in 2003 and is increasing at approximately 11% to 15% per year. Greenhouse food crops grown commercially include tomatoes, peppers, lettuce, cucumbers, eggplant, and a variety of others.

About Nansulate(R)

Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, fire resistance, chemical resistance, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes industrial, residential, agricultural and solar thermal insulation coatings. Additional information about the Company and its products can be found at their websites, ( and (

About Industrial Nanotech Inc.

Industrial Nanotech Inc. is emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology.

( - Bederra Corporation Reveals 175% Increase in Sales

HOUSTON--(BUSINESS WIRE)--Bederra Corporation (Pink Sheets:BEDA - News), a medical imaging and diagnostic Company has completed their financial statement for yearend 2008. A comparison of 2007 and 2008 shows a marked increase in assets, revenues and a decrease in company liabilities despite a troubled economy.

Gross sales grew to $3.2 million in services, which resulted in $1.5 million in revenue after contractual insurance adjustments were made. A net profit of 176,617 dollars was achieved for the year. Furthermore, the company reduced its liabilities by $400,000 during the same period. The company has also made major advances in streamlining operations to achieve more efficient patient services in order to cut overhead costs.

“The overall financial picture of the company makes us very optimistic that the growth in 2009 will be successful in all respects,” said Mr. Herbert Pratt, a member of Bederra’s Board of Directors.

About Bederra Corp.

Bederra Corporation, through its wholly owned subsidiaries Diagnos, Inc. and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings.