Conolog Comments on the Recent Price Activity of the Company's
2004-03-02 15:10 (New York)
Stock
SOMERVILLE, N.J., March 2 /PRNewswire-FirstCall/ -- Conolog Corporation
(Nasdaq: CNLG) issued today the following statement from Company Chairman
Robert Benou, regarding the recent price activity of the Company's stock:
"The Company does not know why the price of its common stock has risen so
dramatically today. The Company will, as always, notify the public of any
material developments within the Company."
About Conolog Corporation
Conolog Corporation designs and manufactures electromagnetic products to
the military and provides engineering and design services and technical
personnel placement 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, Chairman, 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 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.
SOURCE Conolog Corporation
-0- 03/02/2004
/CONTACT: Robert Benou, Chairman of Conolog Corporation, +1-908-722-8081; |
