updated 9/14/2010 3:45:29 AM ET 2010-09-14T07:45:29

ORLANDO, Fla., Sept. 13, 2010 (GLOBE NEWSWIRE) -- Codido, Inc. (Pink Sheets:CDID) announces that effective September 13, 2010, FINRA has approved the name change from Codido, Inc. to Quad Energy Corp. Until a new symbol is assigned by FINRA, it will continue to trade under the same symbol CDID. The company believes that the new name will better reflect on its current business direction in the oil & gas industry.

About Us

Quad Energy Corp. is an independent junior oil and gas exploration, development and production company headquartered in Orlando, FL. The Company is duly incorporated in the State of Nevada. The Company's common shares are listed for trading on the electronic over-the-counter Pink Sheets (OTC-PINK) market in the United States and trades under the symbol "CDID."

For information please visit our website, www.codidoenergy.com (new website: www.quadenergycorp.com ).

The Quad Energy Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7992

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