CoroWare Announces Groundbreaking CoroBot Spark

BELLEVUE, WA, United States, via ETELIGIS INC., 02/11/2015 – – CoroWare, Inc. (OTC Pink: COWI) (PINKSHEETS: COWI), announced the launch of its new groundbreaking product, the CoroBot Spark™, which will change the face of robotics education. The innovative robotics platform and kit can be used for middle school and high school science, technology, engineering and math (STEM) programs, and for university research and education programs. CoroWare has launched a crowdfunding campaign on Indiegogo, inviting those who share a commitment to robotics and technology education to get involved and be the first to receive the CoroBot Spark™.

STEM educators and university researchers are looking for affordable, open and scalable platforms on which they can develop mobile robot applications in order to teach STEM classes and research robotics concepts.

The CoroBot Spark is an open and state-of-the-art mobile robotics platform that is based on the Raspberry Pi™ 2 Model B embedded computer and the CoroBot Pi Hat™ embedded controller card, and will support the development of mobile applications that run on both Linux and Windows 10 operating systems. The CoroBot Spark platform will include open and cross-platform application programming interfaces (APIs) that support the development of mobile robot applications.

“We chose to launch the CoroBot Spark program using Indiegogo because the site can help us reach STEM educators, robotics clubs, and university researchers,” said Lloyd Spencer, CEO of CoroWare. “The CoroBot Spark platform is especially attractive because the chassis design, software and APIs will all be available through open source channels such as GitHub.”

The CoroBot Spark is designed to provide an open platform that can be used in a number of educational settings. It is applicable to middle school students who want to learn the principles of robotics and develop basic robotics applications, high school students who want to develop more advanced robotics applications, and university students who want to research in-depth concepts using Robot Operating System™ (ROS).

The CoroBot Pi Hat embedded controller card is programmable and is designed to extend the CoroBot Spark platform with a wide range peripheral devices, such as variable speed motors, touch sensors, ultrasonic sensors, infrared sensors, sound sensors, and custom built sensors.

In order to help drive the growth of STEM and robotics education programs worldwide, CoroWare will donate 15% of all contributions to fund program proposals submitted by schools, universities and non-profit organizations. After the campaign achieves its goal of $45,000, CoroWare will donate 30% of all contributions made above its campaign goal.

Pricing and Availability:

The CoroBot Spark will initially be available at promotional prices through an Indiegogo campaign (https://www.indiegogo.com/projects/designed-for-education-geared-for-makers/x/9845620) that comprises multiple contribution levels.

Contributors who pledge $350 USD will receive a complete CoroBot Spark kit, including mobile robot chassis, Raspberry Pi board, CoroBot Pi Hat, motors, wheels, camera, sensors, battery, and assembly instructions.

For a complete list of CoroBot Spark features, a link to our Indiegogo crowdfunding site, and contact details for submitting STEM and robotics education program proposals, please visit http://www.corobot.net/spark

General availability and pricing for the CoroBot Spark product line will be announced at a later date.

About CoroWare:

Headquartered in Bellevue, Washington, CoroWare is a solutions integrator with expertise in affordable and open mobile robotics, data analytics, and IT consulting.

CoroWare is recognized as an innovative mobile robotics solutions integrator in the research community because of its expertise in Robot Operating System (ROS), robotics simulation, and robotics application development. CoroWare’s CoroBot product line has been shipped to over 100 researchers and educators in over 25 countries worldwide.

For more information on CoroWare and its products and services, please visit www.coroware.com.

Safe Harbor Statement:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") (http://www.sec.gov/about/laws/sea34.pdf (Sec.21E p. 223). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Forward looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. CoroWare takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

CONTACT:

Investor Relations:

investor

(800) 641-2676, option 3

Marketing Relations:

Madison Jostol

MarketingEye Seattle

info

+1 (206) 369-1950

http://www.marketingeye.com

SOURCE: CoroWare, Inc.

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