Codima Inc. (CDMA) Introduces Codima Green -Offering Electronics Waste Recycling Services

(PresseBox) ( Philadelphia,PA., )
Codima Inc. (CDMA), global provider of integrated network management software products and electronics recycling for companies scaling from the small enterprise to the Fortune 100s, today announced the introduction of its new division Codima Green. Offering full recycling services for the growing pile of endoflife telecom equipment and other ewaste to new commercial clients and existing customers in North America, Codima expands its operations further.

A year in progress, Codima Green launches a full service pickup and recycling option, facilitating ewaste disposal. The new division is expected to contribute significantly to revenue growth through the capture of precious metals refining.

Codima Green allows customers using Codima's IT inventory software to identify malfunctioning and outdated hardware, as well as other clients to increase environmental responsibility. Utilizing the recycling service, clients help keep nonworking equipment out of the world's landfills while recovering some of their valuable hardware investment.

A rapidly expanding issue, 50 million metric tons of ewaste is produced worldwide every year and increasing, according to the United Nations Environment Programme. In the US alone, nonprofit Electronics Takeback Coalition reports that 3 million tons of electronics are discarded each year, though only 16% is recycled.

"We project that our clients have millions of dollars of electronic scrap and ewaste and Codima Green offers an opportunity to them to dispose their ewaste cost effectively and safely, "comments Codima's CEO Christer Mattsson.

AVAILABILITY: Codima Green is available at toll free 1-877-285 5359 and www.codimatech.com

Cautionary Note Regarding Forward-Looking Statements:
This press release contains certain forwardlooking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements regarding the Company's beliefs and expectations about the performance and benefits of its technology; marketing and commercialization activities; and our beliefs regarding research and development efforts. These forwardlooking statements involve certain risks and uncertainties that could cause actual results to differ. All forwardlooking statements herein are based on information available to us as of the date hereof, and we undertake no obligation to update forwardlooking statements to reflect events or circumstances occurring after this date.

SOURCE: Codima Inc.
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