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Wednesday, 04/20/2011 8:08:08 AM

Wednesday, April 20, 2011 8:08:08 AM

Post# of 4967972
COWI news: CoroWare Announces Freeswitch Interface for Billing Integration Framework Marketwire   "Press Releases"
KIRKLAND, WA -- (MARKET WIRE) -- 04/20/11 -- CoroWare Technologies, a wholly owned subsidiary of CoroWare, Inc. (OTCBB: COWI), today announced availability of CoroWare Billing Integration Framework™ for Metanga and Freeswitch, a software solution that integrates Metanga, a subscription-based billing from MetraTech Corp , and Freeswitch, a scalable open source telephony platform designed interconnect audio, video, text or any other form of communications media.

Service providers that want to launch a Freeswitch communications service with a choice to offer usage based billing require a billing integration solution that can be customized to interoperate with existing infrastructure elements, easily modified to meet their dynamically changing business needs, and rapidly deployed in an efficient and cost effective manner.

The CoroWare Billing Integration Framework for Metanga and Freeswitch combines MetraTech's highly scalable usage-based billing system with Freeswitch's communications platform. This powerful solution is an affordable and effective way for service providers to effectively monetize their voice over IP communications services as they evolve to meet the demands of rapidly changing business models, pricing plans, and customer requirements.

"The missing link of many cloud platforms is a mechanism for a service provider or software developer to monetize their application simply and flexibly. Without that billing functionality it's tough to offer a solution across the global channels and markets that the Cloud can enable," said Mark Dudman , executive vice president of MetraTech Corp. "Metanga and CoroWare's billing mediation solution are the key to helping service providers add Freeswitch to their range of profitable Cloud services -- quickly and affordably."

Built upon Microsoft's SQL Server 2008 platform, CoroWare Billing Integration Framework for Metanga and Freeswitch processes call detail records -- including the number of inbound and outbound calls, and session minutes -- and conveys the processed usage data to the Metanga billing platform. Service providers may then customize billing rules, reports and payment details, effectively lowering operational costs when compared to traditional, billing systems.

CoroWare's approach provides cross platform interoperability that allows service providers to utilize "best in class" Business Support Systems (BSS) elements throughout their infrastructure architecture. Service providers can take advantage of many open approaches to solving their BSS needs without being limited by their billing system.

"Combined with Freeswitch and Metanga, CoroWare's billing mediation solution can help service provider deploy an affordable, flexible and powerful solution for generating profitable VoIP service revenues," said Rob Raymond , business unit manager of CoroWare . "This solution offering further expands CoroWare's range of products and services for enterprise and service provider customers worldwide."

CoroWare Billing Integration Framework for MetraTech and Freeswitch is available today on the Microsoft Windows and SQL Server platform.

For questions about CoroWare Billing Integration Framework for MetraTech and Freeswitch, please contact us at sales@coroware.com or 1-800-641-CORO (2676), option 1.

About MetraTech MetraTech Corp. offers two unique approaches to charging, billing, settlement and customer care enabling organizations to embrace change without compromise. MetraNet, its flagship product, is unique in its ability to automate business processes and business models that address rapidly changing, complex or radical business strategies across any industry for an unlimited number of services. Metanga, its new SaaS product provides a simplified visual user experience and enterprise-class billing power that is rapidly deployable. MetraTech enables diverse customers to build innovative and successful business models, securely collect revenue, and manage their entire customer lifecycle in some 12 languages, 26 currencies and 90 countries. For more information on enterprise billing solutions, please visit http://www.metratech.com.

About Freeswitch Freeswitch is a scalable open source cross-platform telephony platform designed to route and interconnect popular communication protocols using audio, video, text or any other form of media. It was created in 2006 to fill the void left by proprietary commercial solutions. Freeswitch also provides a stable telephony platform on which many telephony applications can be developed using a wide range of free tools.

About CoroWare Headquartered in Kirkland, Washington , CoroWare is a solutions integrator with expertise in affordable telepresence, service oriented business applications, and mobile robotics. Since 2009, CoroWare has delivered HD videoconferencing solutions and services to customers worldwide in Europe , Asia , and North America . 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. 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). Coroware undertakes no duty to update these forward-looking statements.

Investor Relations Contact: Lloyd Spencer CoroWare investor@coroware.com (800) 641-2676, option 3

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