Conolog Announces Second Quarter 2009 Sales of $491,000
March 03 2009 - 8:30AM
PR Newswire (US)
Increases 45% Over Same Period of Last Year SOMERVILLE, N.J., March
3 /PRNewswire-FirstCall/ -- Conolog Corporation (NASDAQ:CNLGD), 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.
DATASOURCE: Conolog Corporation CONTACT: Robert Benou, Chairman,
Conolog Corporation, +1-908-722-8081 Web Site:
http://www.conolog.com/
Copyright
Conolog (MM) (NASDAQ:CNLGD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Conolog (MM) (NASDAQ:CNLGD)
Historical Stock Chart
From Sep 2023 to Sep 2024