Conolog Awarded Military Order From Major Defense Contractor and Extended Its Multi-Year Contracts From Department of Defense.Business/Technology Editors SOMERVILLE, N.J.--(BUSINESS WIRE)--Nov. 9, 2001 - Assorted Communications Equipment Has Potential Cumulative Value of $2.0 Million - 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 it continues to receive orders and extended its multi-year contracts for communications equipment and components from the Department of Defense. The Company is prepared to fulfill these orders promptly and as needed as needed prn. See prn order. , and estimates the cumulative potential value of the contracts at $2.0 million. Conolog President, Marc Benou, stated, "We will do our utmost to expedite deliveries and still maintain our ability to make early shipments of our newly-introduced, PDR PDR A trademark for Physicians' Desk Reference, a group of reference books containing drug listings, especially one for prescription drugs. PDR 2000 protection unit to our major non-military customers." 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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