Conolog Corp. soars on report of new orders
Digital processing systems maker Conolog Corp. (Nasdaq: CNLG) reported it has received 20 new orders for its PTR-1500 systems. The systems are used for protecting high-voltage, fiber optic transmission lines.
"With this order, we will have delivered $1.2 million in protection equipment in various configurations to this utility," CEO Robert Benou said in a statement. "Our PTR systems are designed to be field friendly for ease of installation and updates as they become available."
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