Codima Inc. Announces the Addition of a New Facility in New York


DENVER, Pa., July 21, 2011 (GLOBE NEWSWIRE) -- Codima Inc. (Pink Sheets:CDMA) is pleased to announce that it has added more capability in the recycling and refining of electronic scrap. The addition of www.TheRefiningCompany.com and its newly opened NY facility now gives Codima a better platform to service the needs of clients across the country. The NY facility allows Codima to offer precious metal refining services to existing and new clients that goes beyond Electronics. The Company is pleased to offer the refining of scrap jewellery, various plated materials, scrap silverware, and many other precious metal bearing items. Codima plans to continue using the refining website and will soon integrate its Codima Green brand and its new 1-855-4ESCRAP toll free number on the firm's multiple web brands.

Codima CEO Christer Mattsson added, "This new location enables us to better serve the Long Island and New York City markets, which is such a large source of electronic scrap and precious metals. We refer to our activities there as urban mining."

Cautionary Note Regarding Forward-Looking Statements:

This press release contains certain forward-looking 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 forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements herein are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after this date.

ABOUT CODIMA INC.

Codima Inc. (CDMA), headquartered in PA with global reach supported by eleven offices across North America, EMEA, Latin America, Asia and Australia, provides best practice software tools to help organizations manage their IT networks. Fully automated and fully integrated, Codima Toolbox delivers tools for network inventory, mapping and monitoring using Microsoft® Office Visio® as well as pre- and post-deployment VoIP management. Codima Green, the environmental division, specializes in recycling end-of-life electronics. Codima is a Microsoft Certified Partner, an Avaya DevConnect Gold Partner and a Cisco IBLM Partner. www.codimatech.com



            

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