Codima Inc. (CDMA.PK) Continues Scandinavian Expansion and Establishes Operations in Denmark

PHILADELPHIA, Feb. 17 /PRNewswire-FirstCall/ — Codima Inc. (Pink Sheets: CDMA) a global provider of best practice software tools for VoIP and IT Asset Management today announced that the company is establishing offices in Copenhagen. Codima ramps up its Scandinavian expansion, adding the VoIP orientated Danish market to its Swedish operations. Lead by Danish management, the new organization empowers Codima to give full support to its growing Danish client base and reselling partners as well as reach into new market segments.

The Codima technology helps organizations to manage existing VoIP and data networks cost efficiently. With products endorsed and marketed by Microsoft(R), that target a wide audience of small, medium and large enterprises as well as service providers and carriers, Codima is expanding rapidly in the Scandinavian markets.

Denmark, one of Europe’s most innovative IT communities, saw an increase of 36% in VoIP landline subscriptions in the first half of 2008 since 2007, according to the Danish IT and Telecom Agency.

Heading up the Danish operation, an addition to the Swedish operations is Allan Smith, an executive with over 20 years experience from the Danish industry, including Novell, Netdesign and MRV.

“The growing number of Danish resellers and end-users selecting Codima tools reaffirms Codima as a front runner in network management. With resources and support in Danish we will take the customer experience to the next level,” comments Allan Smith, VP Sales and Business Development Denmark.

“Codima acknowledges the importance of acting locally, and our Danish operations enable us to further expand into the Danish market, where we have strong relationships,” said Christer Mattsson, CEO of Codima Inc.

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.PK) a leader in VoIP Management and IT Asset Management provides best practice software tools to help organizations manage their VoIP and data networks. The easy to use, cost-efficient, highly visual and modular Codima Toolbox serves financial institutions, governmental agencies, service providers and large organizations in addition to small and medium companies. The company is a Microsoft Certified Partner and an Avaya Gold Partner. Headquartered in Philadelphia, PA, with offices in London, Copenhagen, Johannesburg, Munich, Paris, Stockholm, Sydney and Tokyo, Codima supports partners globally.

PLEASE VISIT www.codimatech.com

    For further information, please contact:
    Christer Mattsson, CEO
    Codima Inc.
    (610) 678-6900
    pressinfo@codimatech.com

SOURCE Codima Inc.