Published: February 01, 2010
Conolog Announces Advance Orders for 280 Systems and Other Equipment Valued at over $1,900,000
SOMERVILLE, N.J. - (BUSINESS WIRE) - Conolog Corporation (NASDAQ: CNLG), an engineering and design company
that provides digital signal processing solutions to global electric
utilities, announced today receiving advance orders for its PDR systems
and other communication equipment valued at over $1,900,000 with
deliveries to be scheduled over the next fiscal year.
Chairman of Conolog Robert Benou stated, "We are gratified that our new
products and legacy components are increasing in demand."
Benou added, "The Company will continue to control its production
efforts and look forward to the production and marketing of our 'Glow
Worm' and the design and introduction of the CM100 Multiplexer."
About Conolog Corporation
Conolog Corporation is a provider of digital signal processing and
digital security solutions to electric utilities worldwide. The Company
designs and manufactures electromagnetic products to the military and
provides engineering and design services to a variety of industries,
government organizations and public utilities nationwide. The Company's
INIVEN division manufactures a line of digital signal processing
systems, including transmitters, receivers and multiplexers.
Forward-looking statements in this release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the Company's products, increased
levels of competition, new products introduced by competitors, and other
risks detailed from time to time in the Company's periodic reports filed
with the Securities and Exchange Commission. There can be no assurance
that utilities will purchase any of our systems.
Conolog Corporation
Robert Benou, 908-722-8081
Chairman
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