Synodon Expands Southern US Customer Base

Marketwired

EDMONTON, ALBERTA--(Marketwired - Aug 15, 2013) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), announces that it has secured another gas pipeline customer based in Southern United States for its realSens™ airborne pipeline integrity management services. This engagement leverages the previously announced agreement with TAI Utility Services LLC ("TAI") through which Synodon has an exclusive arrangement for the provision of advanced aerial services. The initial order is for a survey of over 10% of the operators' network which is nearly 10,000 kilometers.

"This new customer is the direct result of the ongoing joint effort between Synodon and TAI at introducing TAI's clients to the realSens™ services and is another solid step forward for Synodon in establishing a broader foothold in the U.S. market" stated Adrian Banica, CEO of Synodon Inc. "This, combined with the previously announced Access Midstream Partners LP contract, is starting to provide Synodon a geographically diversified customer base for all of its integrity management services"

The survey is scheduled to be completed in the fall of 2013.

Synodon Inc. (www.synodon.com) is a technology company which has developed an advanced airborne remote gas sensing system called realSens™, based on technologies developed under the Canadian Space Program and by Synodon scientists. The company currently provides advanced airborne pipeline integrity management services to the oil and gas sector through a suite of services including natural gas and liquid hydrocarbon leak detection, pipeline threat assessments, and waterway crossings analysis among others.

TAI Utility Services Inc. is the largest aerial pipeline surveillance company in Texas and Oklahoma together with its sister company Texas Aerial Inspections LLC. In 2012 the company surveyed over 375,000 miles of pipeline for a number of clients which include Enbridge Energy Partners, Atmos Energy Corporation and Energy Transfer.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:
Synodon Inc.
Adrian Banica
President & CEO
780.468.9568
investors@synodon.com
www.synodon.com

View Comments (0)