COROWARE ANNOUNCES STRONG REVENUE GROWTH
FOR ITS CONSULTING SERVICES
BUSINESS
Over 150%
increase during first eight months of FY 2015 compared with FY
2014
Bellevue, WA -- September
9, 2015 -- InvestorsHub NewsWire -- CoroWare, Inc. (OTC
PINK:COWI) today announced rapidly growing demand for its
consulting services business that has resulted in strong revenue
growth of over 150% during the first eight months of fiscal year
2015 compared with the first seven months of fiscal year
2014.
We began this year with
ambitious growth plans, and we're well on the way to achieving
them, said Lloyd Spencer, CEO of CoroWare, Inc. Our long-term
consulting services agreements show that customers are responding
positively to the capable and innovative consulting services that
CoroWare offers.
Fiscal year 2015 revenue
growth for this business segment is attributed to a combination of
new and repeat customer engagements, including hardware prototyping
and testing, business workflow management, and R&D support
consulting services.
Our businesses are gaining
traction and we are upbeat that the coming quarters will bring more
opportunities to work with customers across multiple industries,
Mr. Spencer added. Looking forward, we have laid a strong
foundation for growth in this and next year, and we remain focused
on bringing innovative solutions to our customers and increased
value to our shareholders.
To support this growth,
CoroWares Business Consulting Services Group continues to seek
qualified individuals for a number of new positions in the Seattle,
Washington and Mountain View, California area. Those interested in
an exciting and challenging environment that encourages independent
thinking, problem solving and growth may visit http://www.coroware.com/our-careers.php
.
About Coroware,
Inc.
Coroware, Inc.,
headquartered in Bellevue, Washington, is a diversified technology
and solutions company with expertise in:
- Business Consulting Services: R&D engineering services;
business process workflow; software architecture, design and
development; content management; console, PC and online game
production; marketing coordination and management.
Robotics and Automation: Custom engineering such as visualization,
simulation and software development; and mobile robot platforms for
university, government and corporate researchers
CoroWare's customers are
located in North America, Europe, Asia and the Middle East, and
span multiple industry sectors - including universities, software
and hardware product development companies, and non-profit
organizations. For more information, please visit www.coroware.com.
Forward-Looking
Statement
This press release may
contain certain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Investors
are cautioned that such forward-looking statements involve risks
and uncertainties, which include among others, the inherent
uncertainties associated with smaller reporting companies,
including without limitation, other risks detailed from time to
time in the Company's periodic reports filed with the Securities
and Exchange Commission.
Contact:
Pam
Lagano
Lagano & Associates,
Inc.
(800) 641-2676, option
3
plagano@coroware.com
investor@coroware.com