Synodon Signs Suncor Energy to realSens(TM) Services Contract
EDMONTON, ALBERTA -- (Marketwire) -- 10/04/12 -- 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(TM) system. The contract covers all the
natural gas and liquid hydrocarbon pipelines operated by Suncor
between Edmonton and their Northern Alberta oil sands production
"As was announced earlier, Synodon has successfully demonstrated the
ability of the realSens(TM) technology to detect both liquid and
gaseous hydrocarbon emissions. This contract represents the first
commercial use of realSens(TM) 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(TM), 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.
President & CEO
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