Current Report Filing (8-k)
September 09 2015 - 4:59PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 9, 2015
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CoroWare, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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000-33231
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95-4868120
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(State of Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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601 108th Avenue Northeast, Suite 1900
Bellevue, WA 98004
(Address of principal executive offices)
(800) 641-2676
(Registrant's telephone number, including area code)
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Copies to:
Gary L. Blum, Esq.
Law Offices of Gary L. Blum
3278 Wilshire Boulevard, Suite 603
Los Angeles, CA 90010
Phone: (213) 381-7450
Fax: (213) 384-1035
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
On September 9, 2015, CoroWare, Inc. (the “Company”) issued a press release announcing strong revenue growth for its consulting services business. The press release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
This Item 7.01 and the press release attached hereto as Exhibit 99.1 are being furnished to the Securities Exchange Commission in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed “filed” for any purpose.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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99.1
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Press Release issued by CoroWare, Inc. on September 9, 2015
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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COROWARE, INC.
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Date: September 9, 2015
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By:
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/s/ Lloyd Spencer
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Lloyd Spencer
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Chief Executive Officer
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2
Exhibit 99.1 Press Release
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 – 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, CoroWare’s 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:
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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.
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Robotics and Automation: Custom engineering such as visualization, simulation and software development; and mobile robot platforms for university, government and corporate researchers
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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
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