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CoroWare Announces New Video Conferencing Orders

KIRKLAND, Wash., Sept. 6, 2012 /PRNewswire/ -- CoroWare Technologies, a wholly owned subsidiary of CoroWare, Inc. (OTCQB: COWI), today announced that its Enhanced Collaboration Solutions business unit received new orders for HD video conferencing projects totaling over $150,000.

These new orders represent a mixture of new and repeat customer engagements, and include the deployment of Vidyo™-based multipoint video conferencing solutions that uniquely deliver low latency, high definition video conferencing over general data networks and the Internet, using off-the-shelf devices.

"Enterprise customers are increasingly looking for affordable, HD-quality conferencing solutions that work well over Internet and 3G/4G wireless networks – for room systems, desktop computers, and mobile devices," said Lloyd Spencer, CEO of CoroWare.  "CoroWare's enhanced collaboration solutions team is uniquely capable of delivering a complete video conferencing solution with high quality and low-latency video, echo-free audio, and flexible usage reporting tools."

CoroWare's videoconferencing professional services include return on investment (ROI) analysis; audio and video requirements assessment; systems level architecture and design; deployment and testing; and support.

About CoroWare

Headquartered in Kirkland, Washington, CoroWare is a solutions integrator with expertise in affordable and open mobile robotics; business class video conferencing; and operational business intelligence.  Since 2004, CoroWare has delivered mobile robotics consulting services, solutions, and products to customers worldwide in Europe, Asia, and the Americas. 

CoroWare is recognized as an innovative mobile robotics solutions integrator in the research community because of its expertise in Robotic Operating System (ROS), robotics simulation, and application development.  CoroWare's CoroBot product line has been shipped to over 86 corporate and academic researchers in over 24 countries worldwide.

In 2012, CoroWare was listed in the RBR50 list of robotics companies to watch by Robotics Business Review.  http://www.roboticsbusinessreview.com/site/more_about_the_rbr50

For more information on CoroWare and its products and services, please visit www.coroware.com.

Safe Harbor Statement: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") http://www.sec.gov/about/laws/sea34.pdf (Sec.21E p. 223). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act.  Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. CoroWare takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties.  The names of actual companies and products mentioned herein may be the trademarks of their respective owners.  

Investor Relations Contact: Shanna GerrardCoroWare investor@coroware.com(800) 641-2676, option 3

SOURCE CoroWare, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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