This is a FULLY REPORTING COMPANY! Anything Microsoft gets it's hands on is worth money.



Company Information

CoroWare is a development, deployment and marketing partner for Microsoft solution development and lab management teams, working with Microsoft to professionally deliver solutions and customer engagements.

Offering an ideal combination of Redmond and near-shore Latin American based consultants, CoroWare provides the right solution at the right price.

Company Contact

CoroWare, Inc.
4074 148th Ave. NE
Redmond, WA 98052
USA

United States: 1 (800) 641-CORO or (425) 818-8990
United Kingdom: 0870 446 2676
Europe: +44 870 446 2676
Fax: 1 (800) 641-2676
http://www.coroware.com

Press Release

COROWARE REPORTS FIRST QUARTER 2008 EARNINGS

Modest Revenue Growth with Continued Operational Improvements

Redmond, WA – May 20, 2008 – CoroWare, Inc. (CROE.O today announced its financial results for the quarter ended March 31, 2008.

For the quarter ended March 31, 2008, CoroWare reported revenues of $778,276 which increased 22% from $635,305 in Q1-2007. Gross profit also increased 8% to $159,248 compared to $146,993 in Q1-2007.

Operating expenses were $569,529 during quarter ended March 31, 2008 compared to $961,398 in Q1-2007. Selling, general and administrative operating expenses were significantly lower in the quarter ended March 31, 2008 due to the substantial reduction in costs related to officers’ salaries, rent and related expenses, travel and entertainment.

Net Loss applicable to common shareholders was $741,271 during the quarter ended March 31, 2008 compared to $28,558 in Q1-2007 because the settlement of a lawsuit during the first quarter of 2007 brought in $1,960,963 of Other Income that reduced those losses. The Net Loss for the period ended March 31, 2007 would have been $1,989,521 except for the impact of the settlement.

"I am encouraged by the growth in revenues and modest growth in gross profit compared to Q1-2007,” said Lloyd Spencer, Interim CEO of CoroWare, Inc. “As we look ahead to the second quarter, we will be taking further steps to substantially reduce the cost of delivering products and services, and continue to reduce non-essential general and administrative operating expenses to increase gross margins, operating margins and cash flow.”

The full 10-Q report can be accessed by going to www.coroware.com, visiting the Investors page and clicking “Latest 10-Q filing.”

About CoroWare
CoroWare, an Innova Robotics & Automation company, is an innovative software and software professional service company and mobile robotics integrator that delivers forward-looking solutions and services to help customers and communities realize their goals. CoroWare has depth of knowledge and breadth of experience in developing software and solutions for mobile service robotics and business automation through products that include the CoroWare CoroBot product line. For more information, please visit www.coroware.com.

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).

Press Contacts:


Coroware
Kami Noland This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
(800) 641-2676 x728

Chart



Up 11% This may be a 0.01 stock. Ask 0.005. No number of trades yet, but high on my radar.

OOPS forgot ticker CROE!

Microsoft must be giving them money. LOL!

Imagine what Microsoft will give them next Quarter! $$$$$$

I think this will be REALLY good play

figment3514 wrote:

QUOTE:
Imagine what Microsoft will give them next Quarter! $$$$$$

Why do you say this?

All of a sudden their reporting money? Plus they have Microsoft in their name? I think this is a startup of Microsoft Robotics and it seems like their dishing out the dough. You can't go wrong investing in a Microsoft name!

Microsoft starts up little companies sometimes don't they with their name? Theres some reason behind this. It stuck out to me.

figment3514 wrote:

QUOTE:
All of a sudden their reporting money? Plus they have Microsoft in their name? I think this is a startup of Microsoft Robotics and it seems like their dishing out the dough. You can't go wrong investing in a Microsoft name!

Wow I was looking all over for where it said Microsoft too didn't even see it somehow, and yes I can't agree with you more about Microsoft. I'll be studying up on the one over the weekend, no funds available for more trades.

I have no more funds either LOL. I usually just use half my check.

Holly Crap The day low was 0.0022 now day ask is 0.005 up 90% Big gains to be made with this one soon.

This is going to be a fresh back and forth money play soon

Croe ended up 138% today Awesome. Big downswing? Or is it on its way to 0.01? That is the question. That descision is up to you guys.

Down 20% at 0.0040 May be a nice play.

Says 0.004 is the day low
CoroWare Announces Microsoft Robotics Studio and CoroWare ClassPack Training Class
Wednesday 05/28/2008 7:52 AM ET - Market Wire

Related Companies
Symbol Last %Chg
CROE 0.0040 -20.00%

As of 10:01 AM ET 5/28/08
CoroWare Technologies, a wholly owned subsidiary of CoroWare, Inc. (OTCBB: CROE) today announced that it will be holding a course and hands-on lab on Microsoft Robotics Studio and CoroWare ClassPack July 8-9 at the Microsoft Partner Solutions Center in Redmond, Washington.

Sara Morgan, author of "Programming Microsoft Robotics Studio" and Microsoft Most Valuable Professional Award winner for her work with Microsoft Speech Server, will be conducting this upcoming course and hands-on lab. Sara is an established author who has published numerous technical articles in programming journals and has a strong interest in artificial intelligence and cognitive science.

"Ever since I can remember, I have had an interest in understanding the human brain and the behaviors that we take for granted. That, along with my passion to help others lead better lives, has led me towards the field of service-based robotics," said Sara Morgan, robotic software engineer at CoroWare. "I believe we are at the beginning stages of a technological explosion in which robotics will become ubiquitous with daily living."

This class will introduce concepts that are relevant to running robotic simulations and help developers understand the tools and technologies that are available with Microsoft Robotics Studio. Coupled with the CoroWare ClassPack and CoroWare CoroBot, this course can help research and development teams accelerate the development of mobile robotics applications and technologies.

CoroWare's two-day course will offer developers an overview of Microsoft Robotics Studio and the tools and technologies that it supports, including Visual Programming Language and the Visual Simulation Editor. The course will include a hands-on lab so developers can take full advantage of CoroWare ClassPack for Microsoft Robotics Studio, which features a simulated CoroWare CoroBot.

"We are excited about offering training classes that can help our research customers take even better advantage of Microsoft Robotic Studio, CoroWare ClassPack and the CoroBot product line," said Jon Mandrell, Director of CoroWare's Robotics and Automation business unit. "We are especially honored to have Sara Morgan, a very capable developer and remarkably gifted author, join CoroWare and round out the Robotics and Automation team."

The course will be held at the Microsoft Partner Solutions Center on the Microsoft campus July 8 and 9. The cost is $990 for the two-day course and lab. A 10% discount will be available for Microsoft employees and Microsoft Partner Solutions Center members. For more information about this upcoming class, visit http://www.corobot.net.

About CoroWare

CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTCBB: CROE), is a systems and mobile robotics integrator that delivers high value services and innovative solutions to maximize technology investments and achieve customers' goals. CoroWare has a depth of knowledge and breadth of experience in developing software and solutions for mobile service robotics and business automation through products that include the CoroBot product line. For more information, please visit http://www.coroware.com.

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).

Press Contact:
Kami Noland
CoroWare This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
(800) 641-2676 x728


SOURCE: CoroWare, Inc.

mailto: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Microsoft is dishing in the big bucks.

CoroWare Announces Availability and Pricing of CoroWare ClassPack for Microsoft Robotics Studio
Tuesday 07/01/2008 11:31 AM ET - Market Wire

Related Companies
Symbol Last %Chg
CROE 0.0022 0.00%

As of 9:30 AM ET 7/3/08
CoroWare Technologies, a wholly owned subsidiary of CoroWare, Inc. (OTCBB: CROE), announced pricing and availability of CoroWare ClassPack for Microsoft Robotics Studio (CoroWare ClassPack), a simulation software package that complements its CoroBot mobile robot product line.

Combined with CoroWare's CoroBot, ClassPack is an affordable and effective robotics solution for teaching and research. By using the CoroWare ClassPack services, students can write robotics applications that will run both in simulation and on a real CoroBot. ClassPack features a classroom environment which allows the robot to encounter common objects found in an office or classroom. An easy-to-use control panel interface allows for remote control of the CoroBot.

"Simulation is the perfect tool for educators and researchers since they can realistically model any environment without the pains and costs involved with creating that environment," said Sara Morgan, CoroWare Robotic Software Engineer, and author of "Programming Microsoft Robotics Studio." "Students and researchers can experiment with a lower-cost version of CoroBot in the simulation environment, and then run their application on a real CoroBot in the classroom or lab."

CoroWare plans to make CoroWare ClassPack generally available at the end of June 2008 with two licensing options. An unlimited license will allow ClassPack to be installed and run on a single computer with no expiration date for a suggested retail price of $299 USD. A limited license will allow ClassPack to be installed on a single computer for the duration of a class term for a suggested retail price of $99 USD. Volume discounts for CoroWare ClassPack pricing will be available upon request for educational institutions.

"We are excited to see CoroWare continue to build upon its expertise in robotics simulation and its line of products," said Dan Kara, industry analyst and president of Robotics Trends. "We believe the introduction of new products to the market like CoroWare ClassPack will further drive the adoption of robotics at universities and colleges worldwide."

The latest version of the CoroWare ClassPack for Microsoft Robotics Studio can be downloaded from www.corobot.net. For more information on all of CoroWare's products and services, visit www.coroware.com.

For questions about ClassPack including pricing and licensing options please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or dial 1-800-641-CORO (2676) option 1.

About CoroWare Technologies

CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTCBB: CROE), is a systems and mobile robotics integrator that delivers high-value services and innovative solutions to maximize technology investments and achieve customers' goals. CoroWare has a depth of knowledge and breadth of experience in developing software and solutions for mobile service robotics and business automation through products that include the CoroBot product line. For more information, please visit http://www.coroware.com.

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).

Press Contact:
Kami Noland
CoroWare This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
(800) 641-2676 x728

Wait for a drop

Big drop at 0.001 Nice pick up I beleive there is a bottom bouncer now.

CoroWare Announces Board and Management Changes
Monday 07/07/2008 4:45 PM ET - Market Wire

Related Companies
Symbol Last %Chg
CROE 0.0010 0.00%

As of 11:32 AM ET 7/17/08
CoroWare, Inc. (OTCBB: CROE) today announced that Gary McNear and Craig Conklin resigned from the Board of Directors effective immediately. In addition, Linda Robison resigned from her positions of Corporate Secretary, Interim Chief Financial Officer and Corporate Counsel. All of their valuable contributions to Innova Holdings and CoroWare during their tenures are sincerely appreciated by the Board of Directors and management.

"The Board of Directors and I thank Mr. McNear, Mr. Conklin and Ms. Robison for their many contributions and years of service to the Company," said Lloyd Spencer, Interim CEO of CoroWare, Inc.

Martin Nielson, who currently serves on CoroWare's Board of Directors, was appointed Interim Chief Financial Officer of CoroWare. In addition, Jon Mandrell, who serves as Director of the Robotics and Automation Business Unit at CoroWare Technologies, was appointed C