recent news
aug 24th
Codima Inc. Announces the Opening of New Electronic Scrap Purchasing Store Front and Drop Off Center
8:57a ET August 24, 2011 (GlobeNewswire) Codima Inc. through its division Codima Green (Pink Sheets:CDMA) is pleased to announce that it has opened a new store front in Denver, PA to purchase scrap and working electronics. The new facility offers clients the ability to drop off both large and small amounts of electronics in exchange for cash. The store personnel are trained to buy nonworking product by the pound as well as value working equipment in a store setting and make immediate cash offers. This service is intended to make it easier for household clients to properly dispose of their electronic waste and gives them the opportunity to recover value from functional assets. The store will accept items ranging from cell phones and mp3 players to desktop computers, video game systems and more. Hours of operation are Monday thru Friday 8:30 am to 4:00 pm and Saturday 9 am to 12 pm.
The Company hopes that this initial store front will serve as a model for expansion and the eventual addition of multiple stores across the region.
aug 12th
Codima Inc Announces Obsolete and Surplus Telecom and Networking Equipment Recovery Program
11:42a ET August 12, 2011 (GlobeNewswire) 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.
july 21
Codima Inc. Announces the Addition of a New Facility in New York
9:44a ET July 21, 2011 (GlobeNewswire) 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."
july 15
Codima Announces Its 1-855-4ESCRAP Initiative
9:55a ET July 15, 2011 (GlobeNewswire) Codima Inc, (Pink Sheets:CDMA) is pleased to announce the official launch of its 1-855-4ESCRAP initiative. The new brand serves the goals of collection and sales penetration in the electronic waste recycling, trading, and refining markets. The combined use of its toll free number and corresponding website www.18554ESCRAP.com make it easy for corporate and household clients to contact us from anywhere in the country to arrange shipment and sale of bulk electronic waste and working equipment. The Company offers cash for electronic waste as well as cash for reusable electronic merchandise such as computers, networking and telecom equipment.
Codima CEO Christer Mattsson added, "We are very pleased to begin offering this focused green service to our existing clients and look forward to the results with great expectation."
