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Synodon announces appointment of Executive Chairman

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The Board of Directors of Synodon Inc. (TSX.V: SYD) is pleased to announce the appointment of Mr. Paul van Eeden as Executive Chairman of the company. Ms. Nancy Laird, the current Chair of Board, has been appointed as the company’s Lead Director. In a press release on March 2, 2015, Synodon announced the company’s financial results for the year ended October 31, 2014. This included encouraging growth in revenues resulting in a profitable fourth quarter.

Ms. Laird commented: “The three-fold growth ...

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Synodon generates positive net income in Q4- 2014.

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PRESS RELEASE
FOR IMMEDIATE RELEASE

Edmonton, Alberta
March 2, 2015

Fiscal 2014 financial highlights
Fiscal 2014 operational highlights
  • Revenue grew 186% to $2,084,551
  • Gross profit increased 276% to $1,379,326
  • Gross margin increased to 66%
  • Net loss declined 36%
  • Average survey km/client increased 170%
  • Average revenue per survey km increased 6%
  • Surveyed 28,853 kilometers of pipeline
  • FAA approval for more efficient helicopter
  • Ordered two more realSens™ instruments

Synodon Inc. (TSXV: SYD) today ...

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Partnership with US Pipeline Services Company

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Synodon Signs Partnership Agreementwith US Pipeline Services Company

Edmonton, Alberta – February 23, 2015 – Synodon Inc. (“Synodon”) [TSXV-SYD], announced that it has signed a partnership agreement with Gateway Services Group (“Gateway”) headquartered in Oklahoma, United States. Gateway is an energy services company with over18 years of experience in the oil and gas industry. In addition to offering pipeline construction and reclamation experience and expertise, Gateway provides survey, mapping, and drafting services for its pipeline clients. Additionally, Gateway uses Light Detection ...

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Synodon Receives FAA Flight Certification for Smaller Helicopter

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Edmonton, Alberta – February 2, 2015 – Synodon Inc. (”Synodon”) [TSXV-SYD], announces that the Federal Aviation Administration (FAA) has issued a Supplemental Type Certificate (STC) approving the installation of Synodon’s realSensTM system on Bell 206B Jet Ranger type helicopters registered and operating in the United States. Synodon already holds an STC for this helicopter in Canada as well as STC’s in both Canada and United States for the larger Bell 206L Long Ranger. Synodon has been operating exclusively on the ...

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Current Synodon Customer Renews realSens™ Contract for a 3-Year Term

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Edmonton, Alberta – January 13, 2015 – Synodon Inc. (”Synodon”) [TSXV-SYD], announces that following an initial 1-Year service contract that concluded in December 2014, one of its United States based customers (“Customer”) has re-signed a realSens™ pipeline integrity management services contract for a 3-Year term. This new contract requires quarterly (or bi-annual for some sections) survey flights for their Barnett shale gas gathering pipeline infrastructure. As was the case with the previous contract in 2014, other sections of the Customers’ ...

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