Conolog Announces Quotation on the OTCQB Starting February 2nd

Conolog Corporation (NASDAQ:CNLG - News) (the “Company”), a provider of digital signal processing and digital security solutions to electric utilities worldwide, today announced that it has been advised by OTC Markets Group Inc., which operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, that it’s common stock will commence trading on the OTCQB tier starting February 2, 2011. Conolog has subscribed to OTC Intelligence which provides real time level II quotes. Investors can now view Real Time stock quotes for CNLG at http://www.otcmarkets.com.

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,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.