Conolog Receives Approval From Bonneville Power Authority for Customized PTR 1500; Company in Negotiations for Multi-Year Purchase Order.Business/Technology Editors SOMERVILLE, N.J.--(BUSINESS WIRE)--December 6, 2000 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) announced today that it has received approval from the Bonneville Power Authority for a customized version of its 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 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). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ) system. The Company is currently negotiating a multi-year purchase order for the product with the BPA BPA British Paediatric Association. . Robert Benou, Conolog's president, commented, "The Bonneville Power Authority has been a customer of Conolog's for quite some time, and we were pleased that we could provide it with a customized product that will exactly meet its needs. With the purchase extending over several years, we anticipate that it will contribute solidly to our annual revenues for the next few years." 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 systems, including transmitters, receivers and multiplexers. Contact: Conolog Corporation: Robert Benou, President, 908/722-8081; National Financial Network, Geoffrey Eiten, Investor Relations, 781/444-6100, ext. 613, or email geiten@nfnonline.com, or visit www.nfnonline.com/cnlg. Forward-looking statements in this release are made pursuant to the "safe harbor" 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. |
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