DENVER, Pa., Aug. 12, 2011 (GLOBE NEWSWIRE) -- Codima Inc., (Pink Sheets:CDMA) is pleased to announce that it has launched a new recovery service for its existing telecom and networking clients. Codima's renowned "Codima Toolbox" product line offers users the ability to audit and map all of the equipment on their corporate networks, providing data on the age and capacity of each item of equipment. This capability helps users to identify end of life or malfunctioning equipment. The new service, launched today, will allow new and existing Codima clients to sell all of their working and non-working electronic equipment identified as obsolete or surplus directly to Codima's recycling division, Codima Green. This provides a safe and eco-friendly disposal route to the customer, avoiding the more normal disposal options which frequently end up in land-fill sites.
The Company plans to market its new service through its established reseller network. The service will initially be available to Codima customers in the United States but will be expanded to other geographies over the next few months.
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