SOURCE: CoroWare, Inc

March 28, 2011 07:00 ET

CoroWare Announces CoroWare License Manager

Gives Services Providers Ability to Control Access and Monitor Usage of Cloud Applications

KIRKLAND, WA--(Marketwire - March 28, 2011) - CoroWare, Inc. (OTCBB: COWI) today announced availability of CoroWare License Manager™, a software license management solution that offers Cloud Service Providers and on-premise software publishers the ability to remotely enable, monitor, and configure cloud-based applications using a centralized management server.

As Cloud Service Providers increasingly deliver and support mission critical applications to their enterprise and SMB (small and medium sized business) customers, they also need the software license management infrastructure to help administer, configure and authenticate volume licenses companywide. Cloud Service Providers want to offer full or restricted versions of their products on a limited trial basis so that potential enterprise customers can "try it before they buy it," and also ensure recurring revenue streams after customers make a volume purchase commitment.

"Administering and managing software licenses for an enterprise customer is mission critical for any Cloud Service Provider," said Susan Eustis, President of Wintergreen Research. "CoroWare understands the needs of cloud service providers, and is delivering the tools that they need to run their businesses."

Using CoroWare License Manager, cloud-based application usage can be limited to specific number of hours, days, weeks, months, or number of uses. Limited trial functionality can be increased to full functionality, or fully functional applications can be reduced to trial functionality based after a trial period has expired.

Software Licensing Solutions can be deployed in Service Providers' private datacenters or remotely operated by CoroWare to provide maximum economic flexibility, immediate on-boarding options, and reduced overall cost of operations. Usage based reporting can help Applications and Services Providers understand and plan customer support levels and options. Problem reporting and resolution features as well as update and upgrade options allow Applications and Services Providers to ensure excellent customer satisfaction.

"CoroWare License Manager and CoroWare Billing Integration Framework is a powerful combination of revenue assurance tools for service providers who are delivering cloud-based applications," said Rob Raymond, Business Solutions business unit manager at CoroWare. "As we further expand our Business Anywhere product line, we look forward to working with Cloud Service Providers to help them meet the needs of their enterprise customers."

For questions about CoroWare License Manager capabilities and pricing, please visit www.corocall.com, contact sales@coroware.com or dial 1-800-641-2676 (CORO), option 1.

About CoroWare

Headquartered in Kirkland, Washington, CoroWare is a solutions integrator with expertise in affordable telepresence, service oriented business applications, and mobile robotics. Since 2009, CoroWare has delivered HD videoconferencing solutions and services to customers worldwide in Europe, Asia, and North America. For more information on CoroWare's products and services, please visit www.coroware.com.

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: http://www.sec.gov/about/laws/sea34.pdf (Sec. 21E p. 223). Coroware undertakes no duty to update these forward-looking statements.

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