Coroware Demonstrates Robot Highlighting New Microsoft Robotics Studio At Robobusiness 2006

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Surveyor 3000 on display at Microsoft booth.

CoroWare, a mobile service robotics specialist and subsidiary of Innova Holdings Inc. (OTCBB: IVHG), today announced and demonstrated its support for the new Microsoft Robotics Studio, a Windows®-based development environment for academic, hobbyist and commercial developers to easily create robotic applications across a wide variety of platforms.

As a member of Microsoft's Windows Embedded Partner program and a Microsoft MVP (Most Valuable Partner) for the Microsoft Robotics Studio, CoroWare is demonstrating a tele-operated CoroWare Surveyor 3000 mobile service robot at in the Microsoft booth at RoboBusiness 2006.

"Robotics engineers are looking for software development tools that help them be more productive and obtain faster results," said Lloyd Spencer, president of CoroWare. "Microsoft Robotics Studio will help accelerate our company's growth in the robotics industry. We're excited to be working with Microsoft and the Microsoft Robotics Studio development environment."

"The CoroWare development team has worked closely with Microsoft on a variety of robotics projects," said Tandy Trower, general manager of the Microsoft Robotics Group. "This latest collaboration has demonstrated the speed and efficiency of developing solutions using Microsoft Robotics Studio, and showcases CoroWare's ability to deliver mobile service robotics solutions using advanced robotics development technologies and tools."

CoroWare has been working with Microsoft on a variety of robotics projects for the past two years. Work with the Microsoft Robotics Studio began in late April of this year and has contributed to the utility and functionality of the CoroWare Surveyor 3000, the newest mobile service robot from CoroWare for university researchers. CoroWare Surveyor's modular design makes it simple to add advanced functionality such as video, sensors, stereo audio, or an arm. CoroWare Surveyor is being used in academic markets, notably the Cognitive Sciences department at Vassar College.

“I believe we have broken new ground for robotics worldwide,” said Innova Holdings’ Chairman and CEO Walter K. Weisel, whose robotics career spans some 33 years. “The continued integration of open PC technologies and collaboration among supporting companies truly opens new markets never before contemplated. That’s what this RoboBusiness conference brings together.”

About CoroWare

CoroWare Inc., a subsidiary of Innova Holdings Inc., is an innovative systems and mobile service robotics application integrator that delivers forward-looking solutions and services to help customers and communities realize their IT and business goals. CoroWare’s experienced team of professionals delivers integrated solutions based on Windows and Unix midrange platforms. CoroWare has depth of knowledge and breadth of experience in robotics integration, embedded/mobile system integration and market development. The company also designs and builds software for platforms that range from mobile handheld devices to mobile service robots. For more information, please visit http://www.coroware.com/.

About Innova Holdings Inc.

Fort Myers, Fla.-based Innova Holdings Inc. (OTCBB: IVHG), through its subsidiaries, provides hardware and software systems-based solutions to the military, service, personal and industrial robotic markets. The robotics and automation technology company is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth. Its founder, Chairman and CEO Walter K. Weisel, is recognized as a pioneer and leader in the robotics industry. In addition to CoroWare, the company’s other wholly owned subsidiaries are Innova Robotics Inc. and Robotic Workspace Technologies Inc. ™ (RWT™). Visit online at http://www.InnovaHoldings.com.

Investor Relations

Investors can visit Innova Holdings' Investor Relations Hub at http://www.agoracom.com/IR/Innova to post questions and receive answers, or simply review questions and answers by other investors. They may also request to be added to the investor e-mail list.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Forward-looking statements such as "believe," "expect," "may," "plan," "intend," “will” etc., contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and subsequent events and developments may cause the Company's estimates to change. Risks and uncertainties are described in the Company's periodic Securities and Exchange Commission filings. The Company specifically disclaims any obligation to update the forward-looking information in the future.

Press Contact:                

Steve Genova

CoroWare, Inc.

425-765-4555

http://www.coroware.com

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