- Orders valued at $587,000 -
SOMERVILLE, N.J., June 25 /PRNewswire-FirstCall/ -- Conolog Corporation
(Nasdaq: CNLGD), an engineering and design company that provides digital
signal processing solutions to global electric utilities, announced today that
it has received orders for 154 communication systems in different
configurations from the U.S. Coastguard and North American Utilities valued at
$587,000.
Chairman of Conolog Robert Benou stated, "Our products continue to confirm
market acceptance and we welcome new and existing customers to our product
offerings."
Benou added that the Company is expanding its production assemblies this
quarter to keep up with this increased demand for its product platforms
without bloating its assembled inventories.
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.
Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081
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.
SOURCE Conolog Corporation
Robert Benou, Chairman of Conolog Corporation, +1-908-722-8081
