Codima Reports First Quarter Financial Results

Codima Inc., a provider of software tools for VoIP and IT Asset Management, announced Q1 revenue exceeded expectations with Q1 over Q4 growth.

In a release on May 26, Codima reported that it was responding to the increasing demand in the network management market, and that the company has expanded its global reach in Q1 to encompass local operations in Germany, Austria, Switzerland, France, Belgium, Netherlands, Luxembourg, Canada and Denmark.

Codima Inc., a Microsoft Certified Partner, delivers a cost reducing solution to manage VoIP and data networks to an audience ranging from service providers, system integrators and corporations to small and medium companies. The technology using Microsoft Office Visio to bring visibility into networks as well as minimizes downtime in networks.

"Solarwinds successful IPO on the NYSE puts network management products on the map and spotlights the potential in our industry space," comments Christer Mattsson, industry veteran and CEO of Codima. "Contrary to other sectors, Codima has experienced significant increase in demand over the past year. Two main factors interact to create this opportunity."

Codima is supported by Microsoft and is a solution provider to the Microsoft Visio Toolbox online community. The company was awarded Top 100 European Award by Red Herring in 2008 and 2009.

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