Penny Stock News: Conolog Announces Shipments of $391000 and New Purchase Orders of $135000 in …

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SOMERVILLE, N.J.–(BUSINESS WIRE)–Conolog Corporation (OTCQB: CNLG), an engineering and design company that provides digital signal processing solutions to electric utilities, announced today receiving new purchase orders for the months of February and March of $135,000 and shipped $391,000 for the same months. The Company expects to finish shipping the new orders by the beginning of May. The Company anticipates new order generation for April to be approximately half of the combined February and March amount.

About Conolog Corporation

Conolog Corporation is a provider of digital signal processing and
digital security solutions to electric utilities. The Company designs
and manufactures electromagnetic products for the military and provides
engineering and design services to a variety of industries, government
organizations and public utilities. The Company’s INIVEN division
manufactures a line of digital signal processing systems, including
transmitters, receivers and multiplexers.

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Article source: http://www.businesswire.com/news/home/20110428005422/en/Conolog-Announces-Shipments-391000-Purchase-Orders-135000