CoroWare Signs Dealer Agreement With faceVsion(TM) Technology USA

/ Source: GlobeNewswire

KIRKLAND, Wash., Dec. 2, 2010 (GLOBE NEWSWIRE) -- CoroWare®, Inc. (OTCBB:COWI), a solutions integrator with expertise in high definition (HD) video conferencing announced today that it has signed a dealer agreement with faceVsion Technology USA to cooperatively market and sell its full range of HD videoconferencing solutions in North America.

"faceVsion Technology's product line and expertise in HD videoconferencing is a strategic and logical complement to CoroCall™ and CoroWare's HD video conferencing solutions," said Joshua Sherman, telepresence business unit manager at CoroWare, Inc. "Through this relationship, CoroWare can offer its customers a cost effective and high quality desktop video conferencing solution that can integrate well with existing video conferencing room systems."

As a result of this agreement, CoroWare shall become an authorized reseller for faceVsion Technology's product line, including the popular FV TouchCam™ N1 video camera, offering crisp 720p HD video over the Internet with a class-leading super wide 78 degree field of view lens that can capture an entire room, and dual built-in microphones for crystal clear audio.

"With the workforce becoming increasingly remote and mobile, users are demanding desktop HD videoconferencing solutions that can be used to communicate effectively, from anywhere," said Ping Liu, President of faceVsion Technology USA. "Cost-effective HD video conferencing solutions utilizing faceVsion cameras and CoroWare's multi-point video conferencing software can save the average business 35% or more in travel expenses and maximize employee productivity."

About faceVsion Technology USA

Founded in 2009 and headquartered in Fremont, CA, faceVsion Technology USA delivers true HD video communications to the mass market. Core products include the Skype™ HD certified FV TouchCam N1, awarded Editor's Choice from LAPTOP Magazine, the FVexpress Combo entry-level professional video conferencing platform, and the 1080p capable FV Touchcam E1 and L2 cameras.  faceVsion Technology USA is a wholly owned subsidiary of faceVsion Technology Inc.  For more information on faceVsion Technology's products and services, please visit .

About CoroWare

Headquartered in Kirkland, Washington, CoroWare is a solutions integrator with expertise in affordable telepresence, service oriented business applications, and mobile robotics. For more information on CoroWare's products and services, please visit .

The names of actual companies and products mentioned herein may be the trademarks of their respective owners. This press release is written using forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995: (Sec. 21E p. 223).

CONTACT: CoroWare, Inc. Investor Relations Contact: Lloyd Spencer (800) 641-2676, Option 4