MOMO'S BREAKOUT BOARD

[Stefa]

$COWI = news out!


CoroWare Provides First Quarter 2016 Revenue Guidance

SOURCE: CoroWare, Inc.

CoroWare, Inc.


Company Continues Recovery With Focus on Achieving Profitability in 2016


BELLEVUE, WA--(NewMediaWire - Mar 17, 2016) - CoroWare, Inc. (OTC PINK: COWI) today provided guidance for its first quarter 2016 gross revenues.

The Company expects to report first quarter 2016 gross revenues of over $1.4M, and year-over-year growth of over 75% compared with gross revenues reported in the first quarter of 2015. The revenue guidance is based on unaudited Company fourth quarter 2016 financial statements.

"CoroWare's continued recovery has been the result of repeat customer engagements, including the delivery of supplier support, desktop support, and R&D support and marketing support services," said Lloyd Spencer, president and CEO of CoroWare, Inc. "In fiscal year 2016, CoroWare is working toward a goal of reaching $10 Million in gross revenues, improving operational efficiency, and achieving sustainable profitability."

To support this growth, CoroWare's Business Consulting Services Group continues to seek qualified individuals for a number of open supplier service desk support, marketing specialist, and R&D support positions in the Seattle, Washington area: http://www.coroware.com/our-careers.php