Monday, July 07, 2008 10:07:13 PM
CoroWare Announces Board and Management Changes Board and Management Changes Emphasize Strategic Planning and Financing
July 07, 2008: 04:44 PM EST
CoroWare, Inc. (OTCBB: CROE) today announced that Gary McNear and Craig Conklin resigned from the Board of Directors effective immediately. In addition, Linda Robison resigned from her positions of Corporate Secretary, Interim Chief Financial Officer and Corporate Counsel. All of their valuable contributions to Innova Holdings and CoroWare during their tenures are sincerely appreciated by the Board of Directors and management.
"The Board of Directors and I thank Mr. McNear, Mr. Conklin and Ms. Robison for their many contributions and years of service to the Company," said Lloyd Spencer, Interim CEO of CoroWare, Inc.
Martin Nielson, who currently serves on CoroWare's Board of Directors, was appointed Interim Chief Financial Officer of CoroWare. In addition, Jon Mandrell, who serves as Director of the Robotics and Automation Business Unit at CoroWare Technologies, was appointed Corporate Secretary of CoroWare, Inc.
These changes will provide CoroWare's management team with a more streamlined planning process and greater guidance on strategic financing. CoroWare's focus will be on business opportunities with greatest benefit to shareholders.
About CoroWare
CoroWare Technologies, a subsidiary of CoroWare, Inc. (OTCBB: CROE), is a systems and mobile robotics integrator that delivers high value services and innovative solutions to maximize technology investments and achieve customers' goals. CoroWare has a depth of knowledge and breadth of experience in developing software and solutions for mobile service robotics and business automation through products that include the CoroBot product line. For more information, please visit www.coroware.com.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Press Contact:
Kami Noland
CoroWare
knoland@coroware.com
(800) 641-2676 x728
http://www.marketwire.com/press-release/Coroware-Inc-876273.html
Robot Caddy Packs Clubs, Stays Quiet
By Bill Christensen
The Shadow Caddy robot is a remarkably simple technological answer to the problem of hauling your golf bag for eighteen (seemingly endless) holes.
The new golf robot is operated using a transmitter; once you start it up, the robot will follow you as long as you have the transmitter clipped to your belt.
Shadow Caddy has an infra-red collision-avoidance system to keep from running into you or other golfers. Apparently, it can also avoid such unfortunate mishaps as falling into a water hazard or sand trap. Take a look at the Shadow Caddy video, and judge for yourself.
Human caddies had better watch out; the Shadow Caddy is "guaranteed never to snicker if you three-putt or slice one out of bounds." Sometimes the lack of a feature is best; the robot has no speech capabilities at all.
Just look at all of the devices that are trying to do what this little Shadow Caddy robot does, but tack on endless other (mostly unnecessary) features; see the pictures of the fancy RoboPorter and the Matsushita porter robot both intended for use in airports to carry your bags.
I was also thinking that you could invent a golf bag that was itself an autonomous robot; see the new Live Luggage for walking through airports for inspiration.
http://forums.microsoft.com/msdn/ShowPost.aspx?PostID=3548936&SiteID=1
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