SOMERVILLE, N.J., Aug. 4 /PRNewswire-FirstCall/ -- Conolog Corporation (NASDAQ:CNLG), an engineering and design company that provides digital signal processing solutions to global electric utilities, announced today that at a Special Meeting of Shareholders held on August 2, 2006 at the offices of Epstein Becker & Green, P.C. in New York City, the overwhelming majority of shareholders approved a proposal to effectuate a one-for-six reverse stock split of Company's common stock, effective today at the open of market. Conolog Chairman Robert Benou stated, "Following a 96% approval by Conolog Shareholders, the Board of Directors unanimously voted in favor of the reverse stock split. NASDAQ will effect the 1-6 reverse split at the open of the market today, August 4, 2006, and the symbol will change to CNLGD at that time. The symbol will return to CNLG at the open of the market on September 1, 2006." Benou added, "The Board also voted to issue the 450,000 shares of restricted common stock, which were authorized by the shareholders at the Annual Meeting held on April 19, 2006, to its employees, officers, directors and consultants." 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. Conolog systems continue to demonstrate the global applications of our products, ease of installation and our commitment to low maintenance and long-term reliability. Contact: Conolog Corporation: Robert Benou, Chairman, 908/722-8081; National Financial Network, Geoffrey Eiten, Investor Relations, 781/444-6100, ext. 613 or email , or visit http://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. There can be no assurance that this stock reverse will result in additional sales of our products. DATASOURCE: Conolog Corporation CONTACT: Robert Benou, Chairman, of Conolog Corporation, +1-908-722-8081; or Geoffrey Eiten, Investor Relations, of National Financial Network, +1-781-444-6100, ext. 613, Web site: http://www.conolog.com/ http://www.nfnonline.com/cnlg

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