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Conolog Announces $2,000,000 Production Increase in its Estimate for 2008 PTR/PDR Deliveries
Oct 03, 2007 (08:10 AM EDT)
SOMERVILLE, N.J., Oct. 3 /PRNewswire-FirstCall/ -- Conolog Corporation , an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today estimating a $2.0 million production increase for PTR/PDR deliveries in 2008 compared to fiscal 2007.
Chairman of Conolog Robert Benou stated, "We are pleased with the response to our new products, including the rate of orders received this fiscal year and look forward to meeting demand as releases occur for 2008. We shall continue to intensify our sales and expand our marketing reach."
Benou added, "Our design team is focused on our platforms and their versatility coupled with stringent production quality to provide the Utilities with minimum downtime and the ability to add enhancements for operational performance and control."
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.
Web site: http://www.conolog.com/