Synodon Expands Southern US Customer Base
EDMONTON, ALBERTA -- (Marketwired) -- 08/15/13 -- Synodon Inc.
("Synodon") (TSX VENTURE:SYD), announces that it has secured another
gas pipeline customer based in Southern United States for its
realSens(TM) airborne pipeline integrity management services. This
engagement leverages the previously announced agreement with TAI
Utility Services LLC ("TAI") through which Synodon has an exclusive
arrangement for the provision of advanced aerial services. The
initial order is for a survey of over 10% of the operators' network
which is nearly 10,000 kilometers.
"This new customer is the direct result of the ongoing joint effort
between Synodon and TAI at introducing TAI's clients to the
realSens(TM) services and is another solid step forward for Synodon
in establishing a broader foothold in the U.S. market" stated Adrian
Banica, CEO of Synodon Inc. "This, combined with the previously
announced Access Midstream Partners LP contract, is starting to
provide Synodon a geographically diversified customer base for all of
its integrity management services"
The survey is scheduled to be completed in the fall of 2013.
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 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.
TAI Utility Services Inc. is the largest aerial pipeline surveillance
company in Texas and Oklahoma together with its sister company Texas
Aerial Inspections LLC. In 2012 the company surveyed over 375,000
miles of pipeline for a number of clients which include Enbridge
Energy Partners, Atmos Energy Corporation and Energy Transfer.
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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