Conolog's PTR1500 Approved for Incorporation by Canadian Utilities; On-Site Training to Begin December 2001.Business/Technology Editors SOMERVILLE, N.J.--(BUSINESS WIRE)--Nov. 26, 2001 Conolog Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CNLG, CNLGW) today announced that its four-channel PTR PTR Pointer (as used in DNS records; an address points to a name) PTR Partner PTR Painter PTR Proton Transfer Reaction PTR Pupil/Teacher Ratio PTR Public Test Realm (gaming, World of Warcraft) 1500 transmission line protection equipment has been approved by four major Canadian utilities for incorporation into the pending installations. On-site training in the operation and maintenance of the unit is scheduled to begin December, 2001.The approvals arrived on the heels of Conolog's participation at the Western Protective Relaying Conference (WPRC WPRC Wisconsin Primate Research Center WPRC Westside Pregnancy Resource Center (Santa Monica, CA) WPRC Western Protective Relay Conference WPRC Western Pennsylvania Repeater Council WPRC Winnington Park Recreation Club ) in Spokane, Washington, where the PDR PDR A trademark for Physicians' Desk Reference, a group of reference books containing drug listings, especially one for prescription drugs. PDR 2000 digital unit was unveiled two months ahead of schedule and where the PTR1500 was also displayed. WPRC, an annual event attended by power companies and their suppliers, provided a unique opportunity for the introduction of the PDR2000, the PTR1500 and the rest of the Company's comprehensive, INIVEN-branded product line. Conolog President, Marc Benou, stated, "Conolog is pleased to see the PTR1500 established as a standard for these applications. Together with the PTR1000, more than 6,000 units are currently installed at more than 60 utilities worldwide." About Conolog Corporation: Conolog Corporation provides engineering and design services, technical personnel placement, and computer maintenance services to a variety of industries, government organizations, and public utilities nationwide. The Company's INIVEN division manufactures a line of digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). systems, including transmitters, receivers and multiplexers. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. This announcement does not constitute or form part of an offer, or any solicitation of an offer, of any securities for sale. |
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