SAN FRANCISCO, Sept. 3, 2009 (GLOBE NEWSWIRE) -- GetFugu, Inc. (OTCBB:GFGU), www.getfugu.com, announced today that it has executed its first Augmented Reality Link Agreement with advertising powerhouse SpongeTech Delivery Systems, Inc. (OTCBB:SPNG), for which it developed specially designed software, and from which it has booked $250,000 in revenue.
"This license agreement with SpongeTech marks the first of many similar revenue generating agreements GetFugu will be announcing leading up to our much anticipated 09/09/09 launch," commented Rich Jenkins, GetFugu's Co-Founder and Head of Business development. "GetFugu will tailor its mobile based web search and e-commerce technology to point SpongeTech consumers to the closest retail store(s) that carry SpongeTech products based on the GPS functionality available in most mobile phones. Alternatively, the individual can elect to be automatically connected to SpongeTech's corporate Internet e-commerce portal to buy SpongeTech products on-line. The combination of SpongeTech's incredible brand awareness and marketing presence, together with GetFugu's ground-breaking carrier-agnostic mobile phone-based technology, will result in a sales engine never before seen."
On 09/09/09, GetFugu will premiere its unique "See It," vision recognition (ARL); "Say It," voice recognition (VRL); "Find It," location recognition (GRL); and "Get It," Hot-Spotting services targeted at the growing surge of the world's population that regularly utilize mobile phones to search for entertainment, news, sports, shopping, and every other thing available on the Internet. GetFugu offers ease of operation and direct connection to the Internet without tedious typing of URL addresses on small keyboards.
About GetFugu:
GetFugu, Inc. is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting e-commerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
About SpongeTech
SpongeTech Delivery Systems Inc. (OTCBB:SPNG) 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 Delivery Systems is exploring additional applications for its technology in the health, beauty, and medical markets. It plans to globally brand its company as America's Cleaning Company. The company was founded in 1999 and is based in New York.