Synodon Inc.

Synodon Inc.

March 13, 2009 09:00 ET

Synodon Signs Distribution Option for Latin America

EDMONTON, ALBERTA--(Marketwire - March 13, 2009) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD) is pleased to announce that it has signed a realSens™ service distribution option agreement ("Agreement") with the U.S. subsidiary of an international services company ("Company") and received the associated sign up fee. The agreement gives the Company the option to purchase the realSens™ pipeline leak detection rights for Venezuela, Mexico, Colombia, Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Ecuador. The distributorship will be for a period of three years which can be automatically renewed for a further five years upon successful completion of annual performance targets. The Party also receives a first right of refusal on Argentina, Peru, Brazil, Bolivia, Chile, Spain and Portugal, if the first three years' annual performance targets are met and the expanded territory fee paid.

The option expires August 30, 2009. In the event of expiry, the Party can elect to receive common shares of Synodon at prevailing market prices by giving notice of such intention by August 30, 2009.

Adrian Banica, Synodon President and CEO said, "Synodon is very pleased to establish this distribution relationship. This reaffirms some of the discussions and interest that we had during our customer demonstrations in January. We look forward to deploying the realSens™ service in support of this agreement as well as potential future ones".

Synodon Inc. ( is an Edmonton based technology company which has developed and demonstrated a patent pending 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.

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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.

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