Northridge, CA, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Crednology Holding Corp. (OTC Pink: COHO; "Crednology") announces that our wholly owned subsidiary, California Recycles, Inc., has signed a new multi-year contract to provide Electronic Waste Recycling to Loyola Marymount University. The scope of work calls for an immediate start with a very large quantity of E-Waste that has been accumulated by the University over the past quarter and managing the flow of E Waste in the future.
Orie Rechtman, CEO of Crednology commented: “This is a very large contract and we are honored to be selected by this world renowned institution. It will very likely open doors with other privately held higher educational institutions which we are pursuing.”
Orie continued: “Our response to the slowness in the market, primarily due to the tariff wars with China, is simply to increase market share and bring in more product. We expect this contract to have an immediate positive impact on our financial results for this year and in the future. Stay Tuned for more news.”
