Mr. Paul van Eeden reports

SYNODON FOCUSED ON REDUCING COSTS

Synodon Inc. has reached an agreement with Nimal Rodrigo, the company's chief operating officer, and Deborah Rodrigo, the company's chief financial officer, whereby a portion of their salaries can, at the discretion of the company, be paid in shares until the company becomes cash flow positive. The estimated maximum value of the shares to be issued pursuant to these agreements is $60,000 per year.

The company's executive chairman, Paul van Eeden, has agreed to accept a reduced salary of $1 per year until such time as the company becomes cash flow positive.

The annual cash savings to the company is anticipated to be approximately $300,000 and is part of the company's efforts to reduce its cash overhead costs.

"Nimal and Deborah's offer to accept Synodon shares instead of cash demonstrates their confidence in our company, and is just one example of the effort and teamwork everyone is bringing to the table to ensure Synodon's success," said Mr. van Eeden.

"Our goal is to provide the highest-quality early leak detection service possible to oil and gas pipeline operators. At the same time we are relentlessly working to reduce our cash costs to improve the company's cash flow," continued Mr. van Eeden.

Any shares issued in lieu of cash shall be issued subject to prior approval of the TSX Venture Exchange and the value of the shares shall not be less than the discounted market price, as defined in the policies of the TSX-V at the time of issue.

We seek Safe Harbor.