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		<title>CoroWare, Inc. (COWI.OB) Signs New Robot Distributor in India</title>
		<link>http://theotcinvestor.com/coroware-inc-cowi-ob-signs-new-robot-distributor-in-india-708/</link>
		<comments>http://theotcinvestor.com/coroware-inc-cowi-ob-signs-new-robot-distributor-in-india-708/#comments</comments>
		<pubDate>Fri, 21 May 2010 15:03:00 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[NASDAQ:IRBT]]></category>
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		<description><![CDATA[CoroWare, Inc. (COWI), who competes in the same industry as companies like iRobot Corporation (IRBT) and GeckoSystems International Corp. (GCKO), announced a distribution agreement with Satarchy Software Solutions (P) Ltd. Satarchy Software is an India-based technology provider, operating in New Delhi. Similar to its recent distribution partnership with Megah Suria in Malaysia, this distribution partnership [...]]]></description>
			<content:encoded><![CDATA[<p>CoroWare, Inc. (COWI), who competes in the same industry as companies like iRobot Corporation (IRBT) and GeckoSystems International Corp. (GCKO), announced a distribution agreement with Satarchy Software Solutions (P) Ltd.  Satarchy Software is an India-based technology provider, operating in New Delhi.  Similar to its recent distribution partnership with Megah Suria in Malaysia, this distribution partnership with Satarchy Software Solutions will help CoroWare further expand its mobile robotics business in the Asia-Pacific region.</p>
<p>CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTC.BB:COWI &#8211; News), announced it has entered into a distribution agreement with New Delhi, India-based technology provider, Satarchy Software Solutions (P) Ltd.</p>
<p>Satarchy Software Solutions is a software development company providing a full range of services to global customers. Application Solutions constitute one of Satarchy&#8217;s focus areas, with emphasis on the design and development of business and technology applications in manufacturing and distribution, telecommunication, insurance, finance and banking, and open source solutions.</p>
<p>&#8220;In a short time we have built an enviable customer list, and our partnership with CoroWare will enable us to present robotics products to researchers across India and Asia,&#8221; said Sunita Gupta, Business Development Director for Satarchy.</p>
<p>CoroWare&#8217;s robotics product line includes the CoroBot and Explorer platforms. These robots include PC-class processors, on-board sensors, color cameras and optional laser range finders, pan-tilt cameras, and robotic arms. CoroBot is designed for development inside the lab, while Explorer is built on a more rugged chassis to withstand certain environmental elements encountered in the field, such as dust, dirt, gravel, sand, leaf debris and small puddles.</p>
<p>&#8220;We&#8217;ve seen significant growth in web traffic from India and look forward to having representation in that area of the global marketplace,&#8221; said Jon Mandrell, VP of CoroWare and Director of the Robotics and Automation group.</p>
<p>About Satarchy</p>
<p>Satarchy Software Solutions (P) Ltd. is an Indian software company with the corporate objective of being a global IT services provider, having progressive business practices and ethical value systems. Customers can look to it as the single point to meet all their IT service needs. From taking up and delivering large turnkey projects from its development facilities in India, to providing on-site consulting and development resources worldwide, we customize our services to meet your specific requirements. Please visit http://www.satarchysoftware.com.</p>
<p>About CoroWare</p>
<p>Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in mobile robotics and personal telepresence. For more information on CoroWare&#8217;s robotics products and services, please visit http://robotics.coroware.com.</p>
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		<title>CoroWare (COWI) Expands Robotics Product Lines with New Accessory</title>
		<link>http://theotcinvestor.com/coroware-expands-robotics-product-lines-with-new-accessory-646/</link>
		<comments>http://theotcinvestor.com/coroware-expands-robotics-product-lines-with-new-accessory-646/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 15:04:33 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">http://theotcinvestor.com/?p=1824</guid>
		<description><![CDATA[CoroWare, Inc. (COWI), a developer of robotic products similar to iRobot Corporation (IRBT) and National Presto Industries (NPK), is set to expand its product line in a continued effort to drive sales and deliver shareholder value. CoroWare Technologies, a subsidiary of CoroWare, Inc. (COWI), announced today it has added a new accessory to its growing [...]]]></description>
			<content:encoded><![CDATA[<p><strong>CoroWare, Inc. (COWI), a developer of robotic products similar to iRobot Corporation (IRBT) and National Presto Industries (NPK), is set to expand its product line in a continued effort to drive sales and deliver shareholder value.</strong></p>
<p>CoroWare Technologies, a subsidiary of CoroWare, Inc. (COWI), announced today it has added a new accessory to its growing line of robotics products.</p>
<p>A compact and affordable laser range finder is the latest addition to the company’s online product catalog.  The laser range finder can be purchased individually or as an option on the CoroBot and Explorer robots.  Purchased as a robot option, the laser comes fully installed with drivers pre-loaded on the robot’s computer.  A 10Hz scanning frequency and range of over 18 ft. significantly increases the robots’ sensing power.</p>
<p>“Recent advances in laser range finders, including a reduction in their size and power requirements, along with declining cost, now makes the technology appropriate for smaller robotics systems,” said Dan Kara, robotics industry analyst and President of Robotics Trends. “The addition of a laser range finder option for CoroWare’s CoroBot and Explorer platforms greatly increases the number and range of applications the robots are suited for.”</p>
<p>CoroBots and Explorers equipped with laser range finders can leverage established functions such as Monte Carlo localization and Simultaneous Localization and Mapping (SLAM).  This makes CoroWare’s robots even more suitable for inspection tasks, remote presence tasks, and academic research, operating both singly and in swarms.</p>
<p>This new accessory is the latest in a series of growth activities for CoroWare’s Robotics and Automation group.  In February, the company announced a differential-drive robot base option, more powerful motors and robust sensing mechanisms.</p>
<p>“We continuously evaluate customer feedback and actively engage in R&amp;D activities to further expand our robotics product line,” said Lloyd Spencer, CEO of CoroWare, Inc.  “Keeping close watch on customer demand helped CoroWare’s Robotics and Automation group increase product sales by more than 11% in 2009 during a global recession.”</p>
<p>Customers looking for capable, expandable and affordable mobile robotic products can visit http://robotics.coroware.com/products for more information on pricing and specifications.</p>
<p>About CoroWare</p>
<p>Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in mobile robotics and personal telepresence.  For more information on CoroWare’s products and services, please visit www.coroware.com. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.</p>
<p>Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:  Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company&#8217;s actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company&#8217;s periodic filings with the Securities and Exchange Commission. 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&#8217;s plans or expectations.</p>
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		<title>CoroWare (COWI) Announces CoroBot Upgrades to Meet Research Community Demand</title>
		<link>http://theotcinvestor.com/coroware-announces-corobot-upgrades-to-meet-research-community-demand-626/</link>
		<comments>http://theotcinvestor.com/coroware-announces-corobot-upgrades-to-meet-research-community-demand-626/#comments</comments>
		<pubDate>Fri, 12 Feb 2010 14:45:40 +0000</pubDate>
		<dc:creator>Justin</dc:creator>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">http://theotcinvestor.com/?p=1759</guid>
		<description><![CDATA[CoroWare, Inc. (COWI), who competes in the same industry as companies like iRobot Corporation (IRBT) and GeckoSystems International Corp. (GCKO), announced upgrades to its CoroBot to offer superior maneuverability and improved performance. CoroWare Technologies, a subsidiary of CoroWare, Inc. (COWI), announced today it has once again upgraded standard features and options for the CoroBot, a [...]]]></description>
			<content:encoded><![CDATA[<p><strong>CoroWare, Inc. (COWI), who competes in the same industry as companies like iRobot Corporation (IRBT) and GeckoSystems International Corp. (GCKO), announced upgrades to its CoroBot to offer superior maneuverability and improved performance.</strong></p>
<p>CoroWare Technologies, a subsidiary of CoroWare, Inc. (COWI), announced today it has once again upgraded standard features and options for the CoroBot, a mobile robot designed to minimize the complexity of robotics development.</p>
<p>Researchers and developers working on robotic applications such as navigation and mapping now have the option of choosing a CoroBot with a three-wheel differential drive (diff-drive) base or the original four-wheel drive skid steering base. The new three-wheel design with rear caster allows CoroBot to turn in place at its approximate center point. This feature provides smoother and more accurate turning, especially on carpeted surfaces.  The new diff-drive design often results in power savings that translate into longer run times. Additionally, both the diff-drive and four-wheel drive options will now come with stronger motors for improved performance and tactile bumper sensors to detect direct contact with other objects.</p>
<p>&#8220;Caster-based designs are popular due to the benefits of near zero footprint turning and highly reduced wheel drag,&#8221; said Matt Trossen, CEO of Trossen Robotics, an authorized CoroBot distributor.</p>
<p>CoroBot is a capable, expandable and affordable robotic platform that comes fully assembled with an application to tele-operate right out of the box. Equipped with a 1.5 GHz PC-class processor, 1 GB RAM, 80 GB storage space and a robust, object-oriented software development system, the CoroBot empowers researchers to rapidly deploy and develop robotics solutions.</p>
<p>Previous upgrades included a dual-core AMD processor to provide even greater processing power for complex algorithms and a camera upgrade with pan/tilt capabilities. Researchers can now build more robust applications that incorporate vision recognition, robotics software components such as simultaneous localization and mapping (SLAM), and path planning.</p>
<p>&#8220;We are constantly evaluating our line of products and their features based on customer feedback and market trends,&#8221; said Jon Mandrell, Vice President of CoroWare. &#8220;These upgrades provide the robotics community with powerful tools they can customize to meet their goals at a price-point that optimizes their time and budget.&#8221;</p>
<p>For pricing, specifications and FAQs visit http://robotics.coroware.com/products.</p>
<p>About CoroWare</p>
<p>Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in personal telepresence and mobile robotics. For more information on CoroWare&#8217;s products and services, please visit www.coroware.com.</p>
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		<title>CoroWare Expands Robotics Business in Asia</title>
		<link>http://theotcinvestor.com/coroware-expands-robotics-business-in-asia-608/</link>
		<comments>http://theotcinvestor.com/coroware-expands-robotics-business-in-asia-608/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 18:53:04 +0000</pubDate>
		<dc:creator>Justin Kuepper</dc:creator>
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		<guid isPermaLink="false">http://theotcinvestor.com/?p=1717</guid>
		<description><![CDATA[CoroWare Inc. (COWI), which sells mobile robotics platforms to researchers and educators &#8211; similar to iRobot Corporation (IRBT), announced that it entered into a distribution agreement with Megah Suria Sdn. Bhd. to expand their mobile robotics business and customer base in Asia. CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTCBB:COWI), today announced it has entered [...]]]></description>
			<content:encoded><![CDATA[<p><em>CoroWare Inc. (COWI), which sells mobile robotics platforms to researchers and educators &#8211; similar to iRobot Corporation (IRBT), announced that it entered into a distribution agreement with Megah Suria Sdn. Bhd. to expand their mobile robotics business and customer base in Asia.</em></p>
<p>CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTCBB:COWI), today announced it has entered into a distribution agreement with Malaysia-based technology provider, Megah Suria Sdn. Bhd.  Beginning January 4, 2010, Megah Suria added CoroWare’s CoroBot and Explorer robots to their product portfolios.</p>
<p>Megah Suria offers technically advanced and leading edge product portfolios featuring efficient and highly reliable equipment specially designed to solve problems faced by members of the research, development and education communities. With more than 30 years of experience, the company has built a wide range of vendor relationships affiliated with education and research.</p>
<p>“Our partnership with CoroWare enables us to introduce innovative robotic platforms to the educational and research sectors, and channel new and cost-effective solutions to researchers and educators in this field,” said S. M. Wong, Commercial Director for Megah Suria.</p>
<p>CoroWare&#8217;s robotics product line includes the CoroBot and Explorer platforms. These development platforms include PC-class processors, on-board sensors, color cameras and optional robotic arms capable of four degrees of freedom. CoroBot is designed for development inside the lab, while Explorer is built on a more rugged chassis to withstand certain environmental elements encountered in the field, such as dust, dirt, gravel, sand, leaf debris and small puddles.</p>
<p>By teaming up with Megah Suria, CoroWare can further grow its business in the Asia-Pacific region.  According to www.worldrobotics.org, the Asia-Pacific region, including Malaysia, experienced 10% growth in robot sales despite a sudden decline in robot sales worldwide due to the global recession.</p>
<p>“Approximately 50 percent of our robot sales come through our partner distribution channel,” said Jon Mandrell, Vice President of CoroWare, Inc. “We’re excited to add Megah Suria to our team of distributors, and believe their long experience as suppliers to high-tech education and research communities will help grow CoroWare’s international presence.”</p>
<p>About Megah Suria Sdn. Bhd.</p>
<p>Megah Suria Sdn Bhd, an employer-owned company, is a leading supplier of innovative and ingenious instrumentation, training systems, software and consumables at the forefront of technologies. The company is dedicated to providing development, manufacturing and marketing services and products within the field of scientific, laboratory, education, engineering, medical and industrial applications especially in the field of data and image acquisition-processing, robotics, advance material technologies, biotechnologies and physical, chemical and medical sciences advancement.</p>
<p>About CoroWare</p>
<p>Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in personal telepresence and mobile robotics.  For more information on CoroWare’s products and services, please visit www.coroware.com.</p>
<p>The names of actual companies and products mentioned herein may be the trademarks of their respective owners. This press release is written using forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995: http://www.sec.gov/about/laws/sea34.pdf (Sec. 21E p. 223).</p>
<p>###</p>
<p>Press Contact:<br />
Kami Noland<br />
CoroWare<br />
(800) 641-2676 x728<br />
knoland@coroware.com</p>
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