CoroWare (CROE) announces executive management changes

Posted on: Wednesday, March 18th, 2009
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CoroWare, Inc. (OTCBB: CROE) announced today numerous promotions and appointments within the company’s executive team. The company, which specializes in providing communication and automation products and services geared to optimize technology investments of enterprise customers, has appointed Jon Mandrell to Vice President and appointed a seat on the Board of Directors. Furthermore, the Board also made official the Chief Executive Officer position of Lloyd Spencer who has served as interim CEO since January of 2008.

Mandrell, has been and will remain the director of Robotics and Automation for CoroWare Technology, a subsidiary of the corporation. Within his role as director, Mandrell oversaw the design and implementation of the CoroBot and ClassPack product lines, as well as establishing long-term contracts with leading customers.

Chuck House, Chairman of the Board, commented on the recent appointments, “We are pleased to welcome Jon as a member of the Board of Directors of CoroWare. He has shown great dedication to the company over the last three years. In addition, Lloyd stepped up to the plate last year as interim CEO, and we are proud to make his appointment official. Together, he and Jon have been the driving force behind the company’s success and continued growth in spite of the difficulties posed by economic conditions worldwide.”

CoroWare Technologies, Inc., delivers custom engineering services, hardware and software products, and subscription services in North America, Europe, Asia, and the Middle East. It operates in three businesses: CoroWare Business Solutions, Robotics and Automation, and Telepresence.

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Category: OTCBB, Technology Stocks
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