Synodon Adds Two New realSens(TM) Customers
17 März 2014 - 3:54PM
Marketwired
Synodon Adds Two New realSens(TM) Customers
EDMONTON, ALBERTA--(Marketwired - Mar 17, 2014) - Synodon Inc.
("Synodon") (TSX-VENTURE:SYD), announces that it has secured
SourceGas LLC as a new customer for its realSens™ remote airborne
leak detection and other related pipeline integrity management
services. SourceGas operates natural gas pipeline networks in
Arkansas, Colorado, Nebraska and Wyoming and this initial order
covers their entire Wyoming network.
In addition to this new client, a leading global resources
company and one of the world's largest producers of major
commodities has also engaged Synodon to survey a portion of their
pipeline assets in Texas, which includes both liquid as well as gas
lines. This company also has substantial interests in oil and gas
assets in Australia and United Kingdom, among others.
The total amount of pipeline to be surveyed between these two
contracts is about 3000 kilometers.
"We are very pleased to add two new pipeline operators to our
roster of realSens™ customers" stated Adrian Banica, CEO of Synodon
Inc. "Together with the previously announced new or renewed
contracts, Synodon has already secured more revenue survey
kilometers in the first 5 months of fiscal 2014 than in the entire
fiscal 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.
SourceGas LLC (www.sourcegas.com) is a natural gas local
distribution utility headquartered in Golden, Colorado. The company
and its affiliates serve over 408,000 customers and operate over
18,290 miles of distribution, gathering and transmission pipeline,
as well as storage facilities, in Arkansas, Colorado, Nebraska and
Wyoming. The company and its affiliates also provide gas
transportation, in-home HVAC and appliance service and sales, as
well as gas commodity sales services to its natural gas
customers.
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.
Synodon Inc.Adrian BanicaPresident &
CEO780.468.9568investors@synodon.comwww.synodon.com
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