Carmanah and ADB Expand Partnership Globally

VICTORIA, BC, CANADA and ZAVENTUM, BELGIUM (March 9, 2010) - ADB Airfield Solutions and Carmanah Technologies Corporation announced today that they are expanding their partnership agreement to include Europe, South America, the Middle East/Africa and Asia Pacific. Today's agreement links Carmanah and ADB worldwide, enabling both companies to proceed with a global partnership focused on complementing ADB's line of airfield lighting products with a range of solar powered LED airfield lights manufactured by Carmanah.

In November of 2009, Carmanah and ADB Airfield Solutions LLC (Ohio) announced a partnership to provide a line of solar LED airfield lighting in North America and the Caribbean. With sales and marketing activities well underway in this region, ADB and Carmanah will now work together to deliver an ADB-branded line of solar LED airfield lights to ADB's worldwide customer base.

As a stand-alone lighting option, Carmanah solar-powered airfield lights can be quickly and easily deployed to challenging locations where the electrical infrastructure is incomplete or non-existent. The combination of ADB LED products and Carmanah solar power management technology will also enable the deployment of fully compliant lighting systems using solar as either the primary or back-up power source. Christian Onselaere, President and CEO, ADB group said "As a total airfield lighting solutions provider, we are delighted to add Carmanah's solar LED airfield lights to our range of airfield lighting options."

In Brussels last week to formalize the agreement, Carmanah CEO Ted Lattimore commented, "ADB is the industry leader in airfield lighting technology and innovation so we are incredibly proud that ADB has chosen Carmanah as their partner for solar powered airfield lights. Carmanah's solar LED airfield lights are in use on commercial and defense airfields worldwide, and we look forward to expanding our market reach even further through our new partnership with ADB."

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About Carmanah Technologies Corporation

As one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". For more information, visit carmanah.com.

About ADB

ADB is the world's leading airfield lighting technology company in the FAA and ICAO markets providing advanced, integrated and sustainable solutions for visual guidance. With a world-wide presence for more than 60 years, ADB differentiates itself by offering an innovative portfolio and expertise which sets standards in safety, performance and quality that is supported by unparalleled levels of customer service. ADB is trusted as the preferred partner for airside operations. For more information about ADB, visit www.adb-airfieldsolutions.com.

Carmanah Technologies Corporation

"Roland Sartorius"

Roland Sartorius
Chief Financial Officer

 

ADB Airfield Solutions

"Christian Onselaere"

Christian Onselaere
President & CEO, ADB Group

For further information, please contact:

Investors:
Investor Relations
Tel: +1.250.380.0052
Toll-Free: 1.877.722.8877
investors@carmanah.com

Media:
Public Relations: David Davies
Tel: +1.250.382.4332
ddavies@carmanah.com

ADB:
Els Verlinden
Tel: +32.2.7221811
els.verlinden@adb-air.com
 

Forward Looking Statements

This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Carmanah to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which 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, 2008, as filed on SEDAR at www.sedar.com. The risk factors identified in Carmanah's Annual Report are not intended to represent a complete list of factors that could affect Carmanah. Accordingly, readers should not place undue reliance on forward-looking statements. Carmanah does not assume any obligation to update the forward-looking information contained in this press release.