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Message: Synodon Announces Brokered Private Placement

EDMONTON, ALBERTA--(Marketwired - May 20, 2014) -

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Synodon Inc. (the "Corporation") (TSX VENTURE:SYD), is pleased to announce that it has engaged Casimir Capital L.P. (the "Agent") in connection with a proposed private placement, on a best efforts basis, whereby the Corporation intends to issue up to 11,764,705 units at a price of $0.255 per unit (the "Units") for gross proceeds of $3,000,000.

The Units will be comprised of one Class A common share and one half of a Class A common share purchase warrant (the "Warrants"). Each whole Warrant will entitle the holder to purchase one additional Class A common share of the Corporation at a price of $0.375 per share for a period of one year from the date of issue.

Proceeds from this offering will be used by the Corporation for the construction of additional realSens™ instruments and for general working capital.

Completion of this placement is subject to the approval of the TSX Venture Exchange.

Synodon Inc. (www.synodon.com) 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 provides a full service gas emissions monitoring and quantification services to a variety of industries, including hydrocarbon (oil and gas), environmental and agricultural, and for a variety of gases including methane, ethane and ammonia.

Should you wish to receive Company news via email, please email [email protected].

Neither the 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.

The news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in the United States or any other jurisdiction outside of Canada in which such offer, solicitation or sale would be unlawful. The securities of the Corporation will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act and applicable securities laws.

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 closing of the offering on the terms contemplated, but actual results may be affected by a variety of variables and risks such as the inability to obtain subscriptions on the terms proposed, loss of market, changes in the equity markets in general, general economic conditions, timing of applications and approvals (including the approval of the TSX Venture Exchange) 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.

Synodon Inc.
Adrian Banica
President & CEO
780.468.9568
[email protected]
www.synodon.com

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