CoroWare Announces Board and Management Changes |
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CoroWare, Inc.
4074 148th Ave. NE
Redmond, WA, 98052
USA
Press release date: July 7, 2008
Board and Management Changes Emphasize Strategic Planning and Financing
Redmond, WA - July 7, 2008 - CoroWare, Inc. (CROE.OB) 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. (CROE.OB), 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.
Press Contact: Kami Noland CoroWare knoland@coroware.com (800) 641-2676 x728
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