Carmanah Opens for Trading on the Berlin and Frankfurt Stock Exchanges

Vancouver, BC, Canada - (October 21, 2004) - Carmanah Technologies Corporation (TSX VE: CMH; Berlin and Frankfurt Stock Exchanges: QCX), is pleased to announce that it has been accepted and listed for trading on the Berlin and Frankfurt Stock Exchanges.

Carmanah's common shares are trading under the symbol "QCX" and the Company's German Securities Identification is "WKN 662218". These listings mark an important step in Carmanah's corporate strategy to create shareholder value and increase exposure. The Berlin and Frankfurt listings will provide real-time and easy access to trading in the company's common shares for new and existing shareholders in the European community.

"The European investment community is extremely active in the solar-powered, LED (light emitting diode) lighting industry and many investors have shown a keen interest in Carmanah but have been unable to make an investment," stated Carmanah's CEO, Art Aylesworth. "The new Berlin and Frankfurt listings will not only facilitate investment in Carmanah by European investors but also create further liquidity and increased awareness of our company."

On Behalf of the Board of Directors
Carmanah Technologies Corporation

 

Praveen Varshney, Director

For further information, please contact.

Media Contact:
Mr. David Davies
Harbourwerks Communications
Telephone: (250) 382-4332
E-mail: ddavies@harbourwerks.com

Corporate Contact:
Mr. Praveen Varshney, Director
Telephone: (604) 629-0264
Toll-Free: 1-866-629-0264
Fax: (604) 682-4768
E-mail: investors@carmanah.com

Investor Relations Contact:
Vanguard Shareholder Solutions
Telephone: (604) 608-0824
Toll-Free: 1-800-567-6223
Fax: (604) 601-2004
E-mail: ir@vanguardsolutions.ca