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SYNODON-Oil & Gas Leak Detection, Leader in Remote Sensing
Message: Synodon Announces the Appointment of Nimal Rodrigo as President
EDMONTON, ALBERTA--(Marketwired - Jan. 22, 2016) - Synodon Inc. ("Synodon", or the "Corporation") (TSX VENTURE:SYD), announced that Nimal Rodrigo has been appointed as President of the Corporation effective immediately.
Paul van Eeden, the Company's Executive Chairman, stated: "Nimal has been with Synodon since 2008 and he has the background and experience to support Synodon's growth. Nimal's focus will be on sales and marketing, as we bring our innovative aerial leak detection and other pipeline integrity management products to the North American pipeline industry."
In related news, Synodon Corp, Synodon's wholly-owned subsidiary, appointed Randy Burkham of Richmond, Texas, as Director of Sales. Randy will identify new customers and lead the sales and marketing effort in the United States for Synodon's services.
Nimal Rodrigo, Synodon's President, commented: "Randy Burkham has over twenty years' experience in sales and marketing to the pipeline industry, specifically servicing transmission pipelines and aerial integrity management products. We very much look forward to working with Randy as he will be instrumental in increasing the market awareness of our capabilities and building our customer base in the United States."
Synodon Inc. (www.synodon.com) provides advanced aerial integrity management services to oil and gas pipeline operators including natural gas and liquid hydrocarbon leak detection, pipeline threat assessment, vegetation encroachment, water crossing analysis and other custom services.
This press release includes forward-looking statements about Synodon Inc., including the anticipated benefits from the personnel changes. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as 'expects', 'anticipates', 'intends', 'plans', 'believes' or negative versions thereof and similar expressions.
Forward-looking statements reflect our current beliefs and are based on information currently available to us and on assumptions that we believe are reasonable. Actual results and developments may differ materially from the results and developments discussed in the forward-looking statements as they are subject to a number of significant risks and uncertainties which can be beyond our control. These include, but are not limited to, general economic conditions in the countries that we are pursuing contracts in, currency fluctuations and other changes in the competitive environment that Synodon operates in. For more information, please see the discussion on the principal risks that could affect our results under the section "Risks Relating to Our Business" of Synodon's 2014 MD&A as updated in the interim MD&A filed during the 2015 fiscal year. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Forward-looking statements in this press release are made to describe management's expectations and assist shareholders in understanding our financial position. Readers are cautioned that the forward-looking statements presented in this press release may not be appropriate for other purposes. We are under no obligation (and expressly disclaim any obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise unless specifically required by applicable securities legislation.
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.
Paul van Eeden
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