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Conolog Corporation (Nasdaq: CNLG), an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that shipments for the month of October 2008 totaled $214,000, representing an increase of 180% compared to shipments for the month of October 2007.
Chairman of Conolog Robert Benou stated, "Our products continue to gain market acceptance and provide high reliability field operations."
Benou added, "The Company will continue to expand its marketing and production efforts and look forward to the introduction of the CM100 by year end, which will greatly expand product applications."
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.
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.
Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081
SOURCE Conolog Corporation
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