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Saturday, 12/12/2009 8:54:25 PM

Saturday, December 12, 2009 8:54:25 PM

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For what it's worth, Investor Update

OTCBB:COWI December 11, 2009

In The News
CEOCFO Interview
Teleconferencing Continues to Pick Up Speed
Video Conferencing Continues to Surge

With Telepresence Changing The Way Businesses And People Communicate, CoroWare (COWI:OTCBB) Is In The Right Place At The Right Time With Their Revolutionary CoroCall

Lynn Fosse from CEOCFO interviewed Lloyd Spencer, CEO of CoroWare, to learn about CoroWare's business, how CoroWare has emerged from a tough recession in 2009, and CoroCall - CoroWare's personal telepresence subscription service.

Click Here to read the article online CEOCFO Interviews and News.

4056 148th Avenue NE
Redmoind, WA 98052

(800) 641-2676
+44 870 446 2676
http://www.coroware.com
First, I want to thank our loyal investors for their patience with CoroWare over the past year as the employees and management team have been working persistently and creatively to grow the company's business during a deep and long recession.

In the coming year, we will endeavor to communicate more effectively with our investors so that they can see how their investment is being put to work. We will alert you to a new article about CoroWare, a recent press release, and perhaps even an invitation to an Investor CoroCall.

In closing, I look forward to communicating more frequently and effectively with the CoroWare investor community, especially as CoroWare emerges from this remarkably difficult period.

Sincerely,
Lloyd Spencer
CEO
ceo@coroware.com

Teleconferencing Continues to Pick Up Speed

Large networking companies like Cisco Systems (CSCO) and Polycom, Inc. (PLCM) are beginning to make sizable investments in the teleconferencing segment. In addition to Cisco's acquisition of Tandberg and Logitech's purchase of LifeSize Communications, Polycom and the BT Group have collaborated to create unified conferencing solutions as well.

The fact that Cisco has raised its bid to $3.4 billion underscores the importance of teleconferencing to the communications and networking sectors. Increasingly, companies are beginning to see the financial, practical and environmental benefits of web conferencing versus business travel and traditional voice-only conferencing.


Companies like CoroWare, Inc. (COWI) are introducing solutions aimed at bridging video and analog voice through phone systems to facilitate teleconferencing through its CoroCall solution. Meanwhile, the system also includes cutting-edge features like high-definition video and a system that adjusts to each person's available bandwidth without interfering with the call.

Here's a video outlining the technology: http://www.tech-blogger.info/corocall-hd-video-conferencing-recording-broadcastin-and-editing

In the end, large investments by networking companies like Cisco Systems and Logitech validate the importance of teleconferencing within the industry. And given Cisco's raised bid and the rising number of deals, it is likely that the industry will continue to see great interest. As a result, investors may want to keep an eye on smaller companies in the sector like CoroWare, Inc. and others.

The Video Conferencing Market Continues to Surge-Widespread Telepresence Is Not So Far Away

Posted on December 3rd, 2009

When larger enterprises take certain actions, people take notice, and Cisco's 2009 shopping spree is no different. But more than making headlines, the company's myriad acquisitions are forecasting a trend of large telecom vendors collaborating with videoconferencing companies. We've discussed the surge in videoconferencing before, and it should be noted that in addition to Cisco's acquisition of Tandberg (and others) and Logitech's of LifeSize Communications, Polycom and the BT Group have partnered to produce unified conferencing solutions for both enterprise and the public sector.

Since its initial offering, Cisco upped their bid for Tandberg to $3.4 billion, and it is the willingness of these acquiring companies to pay such a sum that intimates a future demand for videoconferencing. It's expected to become a factor in everyday business use, especially now that companies are beginning to see both the monetary, temporal, and environmental benefits of green solutions like web conferencing.

There are also emerging companies like CoroWare, which offers affordable videoconferencing with hig-definition video, and has added the coveted CoroCall to its product line. Many video and web conferencing solutions require users to be in front of a computer to participate, but CoroCall now provides them with the ability to join in from analog telephones. An added benefit: the solution streamlines audio and video conferencing in one affordable solution.

We tend to associate universal telepresence with the futuristic technologies like flying cars and teleportation, but with all the movement in that telepresence industry, the ubiquitous use of videoconferencing doesn't seem so far away.



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