Synodon Inc.

TSX VENTURE : SYD


Synodon Inc.

January 08, 2013 12:20 ET

Synodon Re-Signs Nova Chemicals to 3-Year Service Contract

EDMONTON, ALBERTA--(Marketwire - Jan. 8, 2013) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD) announces that NOVA Chemicals ("NOVA") has extended its realSens™ airborne pipeline integrity management services contract for an additional three years.

During the term of the contract, Synodon will be responsible for surveying NOVA's entire pipeline network annually and providing information about potential hydrocarbon releases, third party activity along the pipeline Right-of-Way, slope analysis at river crossings as well as high-resolution reference imagery.

Adrian Banica, Synodon CEO said, "We are extremely pleased that not only has NOVA Chemicals re-signed for a second three year contract but that they have increased the survey requirement to cover their full network annually as well as taking advantage of some of Synodon's newer service offerings. We appreciate this long-term commitment and look forward to continuing to work with the integrity management group at NOVA Chemicals".

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 provides a full service gas emissions monitoring and quantification service to a variety of industries, including hydrocarbon (oil and gas), environmental and agricultural, and for a variety of gases including methane, ethane and ammonia.

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.

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