Victoria, BC - August 7, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce that it has recently been awarded a $235,000 government contract for taxiway, runway, identifier and heli-pad airfield lighting at a U.S. Army Air Base in Iraq.
Carmanah will light an entire U.S. Army airfield with its patented, solar-powered LED aviation lights by supplying 210 taxiway edge lights, 128 runway edge lights, 20 runway end identifier lights and 16 heli-pad perimeter lights.
"This order represents a major milestone for Carmanah", states Art Aylesworth, Carmanah's CEO. "It validates our proven solar-powered LED technology as a complete airfield lighting solution."
Airfield lighting conditions in Iraq are extremely challenging. Due to recent conflict, there is no permanent lighting infrastructure in place at many sites. Current portable lighting systems used require daily maintenance, battery charging, generator use and fossil fuel dependence. In comparison, Carmanah's aviation lights will provide a significantly lower cost alternative that (1) eliminates the demand for external grid power and/or generator use, (2) eliminates the manual recharging required, and (3) eliminates the need for scheduled maintenance. In addition, Carmanah's patented durable designs have enabled its lights to operate reliably under the extreme temperatures and harsh environmental conditions common in the Middle East.
For more information, please contact contact Allister Wilmott, the Business Development Manager for Carmanah's Aviation Division.
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.