Victoria, British Columbia, Canada - Thursday, October 28, 2004 - Carmanah Technologies Corporation (TSX Venture: CMH) is pleased to announce that it has received an order for 150 i-SHELTER(tm) solar-powered LED shelter lighting systems to be installed in a North American city. This order is part of a commitment by an outdoor advertising company to provide shelters and shelter lighting as part of a larger contract for outdoor advertising. The order is scheduled to ship in Q4 2004.
"Carmanah is supplying this order through one of the world's largest outdoor advertising companies," states Art Aylesworth, Carmanah's CEO. "It is a substantial advance for Carmanah's Transit Lighting Division to be selected as a technology partner for this project. We are optimistic that this is the beginning of a long and mutually prosperous relationship between our two companies."
Beginning later this year, Carmanah's i-SHELTER(tm) solar-powered LED lighting kits will be installed in new and retrofitted shelters at selected locations. The benefits of the i-SHELTER(tm) system include:
- Fast, simple and low-cost installation with no external electrical connections, power permits, or site remediation required;
- No scheduled maintenance or ongoing operational costs;
- Uninterrupted performance, even during major power outages like the August 2003 blackout;
- Improved passenger comfort and safety leading to increased transit ridership;
- Off-grid power autonomy leading to reduced greenhouse gas emissions.
Carmanah's solar powered LED (light-emitting diode) transit lighting products have received wide recognition for their unique integrated design and outstanding performance. In fact, the Company's i-STOP(tm) solar LED illuminated bus stop recently received the 2004 Award for Innovation from the Canadian Urban Transit Association (CUTA). For more information about Carmanah's transit lighting solutions, visit www.transitlights.com.
About Carmanah Technologies Inc.
Carmanah is an award-winning manufacturer of proprietary LED lighting products for the transit, marine, aviation, roadway, and industrial worksite markets. The Company has in excess of 100,000 installations in 110 countries. The shares of Carmanah Technologies Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol "CMH" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, visit www.carmanah.com.
On Behalf of the Board of Directors,
Carmanah Technologies Corporation
Praveen Varshney, Director
For further information, please contact:
Mr. Mark Komonoski, Director
Mr. David Davies
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in Carmanah's Annual Report for the fiscal year ended December 31, 2003, as filed with the U.S. Securities and Exchange Commission and which are incorporated herein by reference. These risks and uncertainties are also described under the caption "Risk Factors" in Carmanah's Annual Information Form dated December 31, 2003, as filed with the British Columbia Securities Commission and which are incorporated herein by reference. Carmanah does not assume any obligation to update the forward-looking information contained in this press release.