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Friday, March 20, 2009 1:58:11 PM
Conolog Announces Opening of New Teleprotection Market in South America With Initial Orders From Chile
Conolog Announces Opening of New Teleprotection Market in South America With
Initial Orders From Chile
-- Initial Systems Valued at $80,000 -
SOMERVILLE, N.J., March 20, 2009 /PRNewswire-FirstCall via COMTEX/ -- Conolog
Corporation (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.
SOURCE Conolog Corporation
http://www.conolog.com
Copyright (C) 2009 PR Newswire. All rights reserved
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