Conolog Announces Opening of New Teleprotection Market in South America With Initial Orders From Chile
20 Mars 2009 - 1:30PM
PR Newswire (US)
- Initial Systems Valued at $80,000 - SOMERVILLE, N.J., March 20
/PRNewswire-FirstCall/ -- Conolog Corporation (NASDAQ:CNLGD), an
engineering and design company that provides digital signal
processing solutions to global electric utilities, announced today
it has entered the South American teleprotection market with an
initial order for 16 systems valued at $80,000 for immediate
delivery. Chairman of Conolog Robert Benou stated, "Our
teleprotection products continue to demonstrate systems preference,
wide acceptance and high reliability for rugged field operations."
Benou added, "The Company will continue its direct and Internet
marketing efforts and looks forward to the introduction of the
CM100, which will greatly expand application configurations and
sales." 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. DATASOURCE: Conolog Corporation
CONTACT: Robert Benou, Chairman of Conolog Corporation,
+1-908-722-8081 Web Site: http://www.conolog.com/
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