Synodon Receives FAA Flight Certification for Smaller Helicopter
(firmenpresse) - EDMONTON, ALBERTA -- (Marketwired) -- 02/02/15 -- Synodon Inc. ("Synodon") (TSX VENTURE: SYD), announces that the Federal Aviation Administration (FAA) has issued a Supplemental Type Certificate (STC) approving the installation of Synodon''s realSens™ 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 costlier Bell 201L Long Ranger helicopter in the United States until now.
"We are very pleased to conclude this flight-worthiness certification process that was initiated with the FAA nearly 12 months ago. The receipt of this STC affords Synodon more operational flexibility. We can now use a short range helicopter, which has lower hourly operating costs, for short flight segments and a long range helicopter, which requires fewer fuelling stops, for longer flight segments. As a result of this increase in efficiency, we anticipate a reduction in aviation costs for our customers while also improving Synodon''s operating margins", said Mr. Adrian Banica, President and CEO of Synodon.
Synodon Inc. () is a technology company which has developed an advanced airborne remote gas sensing system called realSens™, 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.
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.
Forward-Looking Statements
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Corporation''s periodic filings with Canadian securities regulators, which could cause actual results or events to differ materially from these indicated by such forward-looking statements. The Corporation believes that the expectations reflected in this news release are reasonable including the sales cycle which is expected in the future, based on past patterns, but actual results may be affected by a variety of variables and risks such as the individual circumstances of each customer''s business, any increase in competition, general economic conditions, as well as risks and variables associated in general with the Corporation''s industry. Such information contained herein represents management''s best judgment as of the date hereof based on information currently available. Unless otherwise required by applicable securities laws, the Corporation does not intend nor does it undertake any obligation to update or review any forward-looking statements to reflect subsequent information, events, results, circumstances or otherwise.
Contacts:
Synodon Inc.
Adrian Banica
President & CEO
780.468.9568
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Datum: 02.02.2015 - 07:00 Uhr
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News-ID 1334102
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