Conolog Corp. (CNLG) News

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 March 20, 2009 - 05:30 AM PST
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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 /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.

SOURCE Conolog Corporation