Investment Newsletter Wall Street Grand LLC announced their awareness campaign of Conolog Corporation. CNLG: Nasdaq closed Friday at $2.11. This morning Conolog reached an intraday high of $3.50. Conolog Corporation put out news this morning.
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“Conolog Announces Advance Orders for 280 Systems and Other Equipment Valued at over $1,900,000” (Business Wire)
Conolog Corporation (NASDAQ: CNLG), an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today receiving advance orders for its PDR systems and other communication equipment valued at over $1,900,000 with deliveries to be scheduled over the next fiscal year.
Chairman of Conolog Robert Benou stated, "We are gratified that our new products and legacy components are increasing in demand."
Benou added, "The Company will continue to control its production efforts and look forward to the production and marketing of our 'Glow Worm' and the design and introduction of the CM100 Multiplexer."
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.
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.
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Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG has been compensated $120,000 by the company Conolog Corporation for a one year awareness campaign and may be compensated more in the near future. WSG may or may not trade the stocks mentioned in this alert which can affect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html
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