COWI Carbonmeta Technologies Inc (PK)

CoroWare Announces Strong Growth in Its Consulting Services Business

January 2014 Monthly Revenues Exceed 50% Year-Over-Year Growth

BELLEVUE, WA--(Marketwired - Feb 18, 2014) - CoroWare, Inc. (OTCQB: COWI) announced strong revenue growth in its consulting services business as a result of signing yearlong consulting services agreements during the third quarter of calendar year 2013.

Monthly revenues of CoroWare's Business Consulting Services Group grew by over 50% compared with revenues one year ago due to a combination of new and repeat customer engagements, including business intelligence consulting, desktop configuration, server deployment and lab operations consulting services.

"Our business growth is a reflection of the value that our consulting services deliver for our customers," said Lloyd Spencer, President and CEO of CoroWare. "In addition to our annual consulting services agreements, we have seen growth from our game development clients who are asking CoroWare to provide creative developer and capable support team members."

To support this growth, CoroWare's Business Consulting Services Group continues to seek qualified individuals for a number of open developer, test, support and artist positions in the Seattle, Washington area: http://www.coroware.com/company/careers.aspx

About CoroWare

Headquartered in Kirkland, Washington, CoroWare is a solutions integrator with expertise in IT consulting, software development and testing services; business intelligence solutions and consulting services; and affordable and open mobile robotics solutions for customers in the Americas, Europe and Asia.

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 CoroWare, Inc. investor@coroware.com (800) 641-2676, option 3