Conolog Corporation CNLG, an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today receiving releases for its previously announced estimates of PDR 2000 systems, valued at $638,000, for immediate delivery.
President of Conolog Marc Benou stated, “We are graduating our assemblies to accommodate these PO’s and advance orders notifications received early this month.”
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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