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Synodon (V.SYD) grabs up $1.2 mil in new contracts from repeat customers

Stockhouse Editorial
0 Comments| May 15, 2014

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Synodon (TSX:V.SYD, Stock Forum), an Edmonton Alberta-based remote sensing firm, announced today that the company had signed new realSens service contracts with pipeline operators located in Texas, Alberta and British Columbia worth $1.2 million.

According to the news release, all three companies were previous Synodon customers and all increased the amount of surveyed pipeline with two of them giving Synodon 100% of their networks.

Company CEO, Adrian Banica, commented, “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.”



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