Synodon Inc.

Synodon Inc.

June 06, 2008 13:19 ET

Synodon Engages CHF Investor Relations

EDMONTON, ALBERTA--(Marketwire - June 6, 2008) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), today announced that, subject to TSX Venture Exchange approval, Synodon has retained CHF Investor Relations (Cavalcanti Hume Funfer Inc.).

Adrian Banica, President and CEO of Synodon, commented, "Following the demonstration earlier this year of realSens™, the Company's proprietary gas monitoring system, the outlook for Synodon is extremely bright. Preparations for customer trials are well underway and we will continue to provide regular progress updates over the next six months as these trials unfold. The addition of CHF to our team enhances and expands our communication capacity to the investment community and to our shareholders."

Effective June 6, 2008, CHF will provide comprehensive investor relations and market-making services for an initial period of twelve months, subject to a satisfactory performance review at the six-month mark. After June 5, 2009, services may continue on an open-ended basis whereby cancellation by either party requires two months' notice. CHF will be paid a monthly fee of $7,500 plus allowable disbursements. Additionally, subject to regulatory approval and applicable vesting rules, Synodon has agreed to grant incentive stock options to CHF in the amount of 300,000 options at an exercise price of $0.75 per share upon engagement.

Synodon Inc. ( is an Edmonton-based technology company which has developed and demonstrated an advanced airborne remote gas sensing system called realSens™, based on technologies developed under the Canadian Space Program and by Synodon scientists. The company will provide gas emissions monitoring and quantification services to a variety of industries, including hydrocarbon (oil and gas), environmental, agricultural and for a variety of gases including methane, ethane and ammonia. The initial focus is on the hydrocarbon industry and in particular the natural gas pipeline sector.

CHF Investor Relations ( is Canada's only IR firm whose management team's combined experience possesses more than 80 years covering brokerage, trading, financial analysis, and investment sales, over and above their work in IR. Acting as the outsourced, low-cost equivalent to an internal investor relations department, CHF serves an international portfolio of TSX/Venture-listed companies, and others seeking to list on North American Exchanges, that operate in a broad range of industries including high-tech, industrial and business solutions, niche financial products, oil & gas, mining exploration and producers, telecommunications and "green" companies. CHF's head office is in Toronto, with another Canadian office in Calgary; as well as branch offices in New York, USA; Sao Paulo, Brazil; and Shanghai, China.

Should you wish to receive Company news via email, please email and specify "Synodon." in the subject line or contact the Company directly.

Forward-Looking Statements

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information