Conolog Receives Approval for PTR1500 Unit by Major U.S. Utilities; Expects Orders To Be Placed in Fiscal 2002.Business/Technology Editors SOMERVILLE, N.J.--(BUSINESS WIRE)--Dec. 7, 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 for immediate installation by major U.S. utilities. Conolog provided detailed wiring schematics to accommodate the individual outputs of each utility. Conolog recently displayed the PTR1500 at the I.E.E.E. Conference in Atlanta, Georgia, where the Company also unveiled its 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. Conolog President, Marc Benou, stated, "We are pleased with the outcome of this important conference and the approvals received for the PTR1500. We look forward to additional orders and releases during fiscal 2002 and beyond." Benou continued, "We will do our utmost to expedite deliveries and still maintain our ability to deliver early shipments of our newly-introduced PDR2000 protection unit to our 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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