*** Conolog Announces Second Quarter 2009 Sales of $491,000
Tuesday March 3, 8:30 am ET
Increases 45% Over Same Period of Last Year
SOMERVILLE, N.J., March 3 /PRNewswire-FirstCall/ -- Conolog Corporation (Nasdaq: CNLGD - News), an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that for the second quarter ended January 31, 2009, the Company's sales were $491,000, a 45% increase over the same period of last year.
Chairman of Conolog Robert Benou stated, "Our product line continues to provide system acceptance and reliability in field operations."
Benou added, "The Company will continue to expand its marketing and production efforts and look forward to the introduction of the CM100 this fiscal 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.
