Synodon Inc.

TSX VENTURE : SYD


Synodon Inc.

October 04, 2012 17:57 ET

Synodon Signs Suncor Energy to realSens™ Services Contract

EDMONTON, ALBERTA--(Marketwire - Oct. 4, 2012) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD), announces that it has signed a contract with Suncor Energy ("Suncor") for remote airborne leak detection using its realSens™ system. The contract covers all the natural gas and liquid hydrocarbon pipelines operated by Suncor between Edmonton and their Northern Alberta oil sands production fields.

"As was announced earlier, Synodon has successfully demonstrated the ability of the realSens™ technology to detect both liquid and gaseous hydrocarbon emissions. This contract represents the first commercial use of realSens™ to conduct a leak survey on an oil pipeline and illustrates the oil industry's move towards acceptance of this new capability", stated Adrian Banica, Chief Executive Officer of Synodon.

The flights are scheduled to be completed in the next 30 days.

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, 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.

Suncor Energy (www.suncor.com) is Canada's premier integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

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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