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Conolog Announces Shipments of 226 PDR/PTR Systems in Fiscal 2008 for Over $990,000
Aug 11, 2008 (08:08 AM EDT)
SOMERVILLE, N.J., Aug. 11 /PRNewswire-FirstCall/ -- Conolog Corporation , an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that for fiscal 2008, the Company shipped 226 PDR/PTR systems valued at over $990,000.
Chairman of Conolog Robert Benou stated, "The market response to our product designs continues to confirm market acceptance of our product offerings. The Company will continue to expand its marketing efforts and is focused on expanding sales, product applications, related software and production capacity throughout the balance of the year."
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/