Codima Inc. (CDMA) Introduces Codima Green - Offering Electronics Waste Recycling Services
May 25 2010 - 1:55PM
Business Wire
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
end-of-life telecom equipment and other e-waste 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 pick-up
and recycling option, facilitating e-waste 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software to identify malfunctioning and outdated hardware, as well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 non-working
equipment out of the world’s landfills while recovering some of
their valuable hardware investment.
A rapidly expanding issue, 50 million metric tons of e-waste is
produced worldwide every year and increasing, according to the
United Nations Environment Programme. In the US alone, non-profit
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 e-waste and Codima Green offers
an opportunity to them to dispose their e-waste 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 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 Philadelphia, 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 Toolbox serves financial institutions, governmental
agencies, service providers and organizations in addition to medium
and large companies. Codima Green, the environmental division,
specializes in recycling end-of-life electronics. The company is a
Microsoft Certified Partner and an Avaya DevConnect Gold
Partner.
www.codimatech.com