Wednesday, March 05, 2008 11:45:25 AM
Fort Myers can't keep robotics firm in town
By Tim Engstrom • tengstrom@news-press.com • March 4, 2008
http://www.news-press.com/apps/pbcs.dll/article?AID=2008803040347
The official corporate headquarters of Innova Robotics & Innovation has shifted from Fort Myers to Redmond, Wash., along with the company's interim executive leadership.
The company's vice president for investor relations and a business development manager remain in Fort Myers, said Lloyd Spencer, interim chief executive officer.
"There are an awful lot of investors here in the Fort Myers area and we are going to continue to take care of those investors and their interests," Spencer said.
He said he has spent the last several days in Fort Myers meeting with some of those investors and plans to return to the area regularly.
Spencer, the president and chief executive of CoroWare, an Innova subsidiary, took over as interim CEO of Innova in February following the death of CEO Eugene Gartlan.
Founder and Fort Myers resident Walt Weisel stepped down from the company at the end of 2007.
Innova's operations are divided among its RWT and CoroWare operations. Historically, RWT developed control systems for industrial robots, such as those used in manufacturing. CoroWare, acquired in 2006, develops mobile robotic platforms and information technology and software services.
The company trades over the counter for about 1 cent a share. It has about 28 full-time employees and another 15 contract employees.
Spencer said the company still values a partnership with the University of South Florida and the Fort Myers area remains key to communicating with contract employees in South America.
"Right now, we are reshaping what Florida is all about for us," Spencer said. "Florida is evolving."
The company's relocation of its headquarters comes just a few months after another technology related company, NeoMedia Technologies Inc., relocated to Atlanta. The company, which develops mobile marketing technology, trades over the counter for about five cents a share.
Another company, formerly known as SmartDisk Corp., sold its assets - except for its patents - to Las Vegas-based Verbatim Corp. for $9.5 million. The company still trades over the counter as SMDK Corp. at about 9 cents a share.
Recent COWI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/10/2024 08:38:14 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 10:20:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 09:20:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:47:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 12:30:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/22/2023 07:13:47 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 12:35:32 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM