April 1, 2015

Mar 31, 2015 10:32pm News: Noware Announces Santa Cruz Office, April 1, 2015

BillsBasement, the only-owned and wholly-owned subsidiary of noware.com, announces the opening of the Santa Cruz California office.

Bill Lorensen, Chairman, CEO, CFO, CTO, CBO, and founder announced today that Noware has opened an office on the Westside of Santa Cruz, CA. The office will be open each year during March. The East Coast office, located in Ballston Lake, New York will be shut down during March.

Lorensen said, "the winters in upstate New York do not motivate our small software development team. Although snow clearing technology has improved, the numerous days below freezing are depressing, and the weather affects staff productivity. Santa Cruz offers great ocean views, the San Jose Mercury News and numerous unique geocaching opportunities".

In April 2014, Kitware, a Halfmoon, New York open source software company, tried to acquire Noware. Unfortunately, the terms of the acquisition, "lifetime membership to the Beer of the Month Club" were never honored.

Noware is a figment of Lorensen's imagination. Noware supports open source projects including Slicer, VTK, ITK, and the Open Atlas Project. Noware is funded by the United States Social Security Adminstration and the GE Pension Fund.

Disclosure: Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of the federal securities laws. Important factors could cause our actual results to differ materially from those contained in the forward-looking statements including our growth strategies, our ability to successfully and economically develop open source software, maintain software quality and maintain backwards compatibility, our ability to make and integrate acquisitions, the impact of governmental regulation and other risks more fully described in the company’s filings with the Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as “may,” “will,” “expect,” “anticipate,” “estimate” and similar words, although some forward-looking statements may be expressed differently. All forward-looking statements contained in this release, including any forecasts and estimates, are based on management’s outlook only as of the date of this release, and we undertake no obligation to update or revise these forward-looking statements, whether as a result of subsequent developments or otherwise.