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Synodon Inc SYXXF

Synodon Inc. (Synodon) is a Canada-based company focused on providing aerial integrity management solutions for oil and gas pipeline operators. The Company has developed a remote gas sensing instrument called realSens that is capable of detecting ground-level hydrocarbon gas occurrences from an aircraft flying at an altitude of approximately 300 meters (approximately 1,000 feet). The instrument contains a high definition photographic camera, a thermal camera, laser altimeter, global positioning system (GPS)/inertial navigation system (INS) system, on-board computer, control unit, power supply and an in-cockpit display system. It offers airborne pipeline integrity management services to operators of oil and gas pipelines, which include leak detection, pipeline threat assessment, Right-of-Way (R0W) change and slope analysis, tree canopy encroachment, water crossing analysis (including three-dimensional (3-D) water crossings analysis) and pipeline location classification services.


GREY:SYXXF - Post by User

Comment by Sir_Holleron Apr 30, 2015 10:31am
152 Views
Post# 23680167

RE:RE:RE:RE:Synodon signs Mulit-Year, Triannual Contract

RE:RE:RE:RE:Synodon signs Mulit-Year, Triannual ContractWe could get a renewal of the contracts for the following companies in the next few weeks. Maybe 3 year deals here too:


Synodon Secures $1.2 Million in New Contracts from Three Repeat Customers

V.SYD

EDMONTON, ALBERTA--(Marketwired - May 15, 2014) - Synodon Inc. ("Synodon") (TSX VENTURE:SYD) announces that is has secured $1.2 million in new realSens™ services contracts from three pipeline operators located in Texas, Alberta and British Columbia. These companies have been previous realSens™ customers and all have increased the amount of surveyed pipeline, two of the operators to 100% of their networks. The total survey length between the three companies is more than 12,700 kilometers of natural gas and crude oil pipelines. The contracts require the provision of a variety of services including gas and oil leak detection, pipeline threat assessment, vegetation encroachment analysis, pipeline zone classification as well as a number of custom services based on specific customer needs.

Adrian Banica, Synodon CEO said, "We are very pleased to not only continue to service our customers but at the same time be entrusted to survey their entire networks and provide more of our value-added services. With these contracts, the volume of work we have already signed for this fiscal year is more than double last year's".


Read more at https://www.stockhouse.com/news/press-releases/2014/05/15/synodon-secures-1-2-million-in-new-contracts-from-three-repeat-customers#e8ymWbwQvcOHjOOL.99
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