Solar-Powered Marine Lantern Offers Big Performance in a Compact Form Factor

Victoria, British Columbia, Canada (September 22, 2008) - Carmanah Technologies Corporation (TSX: CMH) today announced a new flagship product in its line of solar-powered marine beacons: the M708 marine lantern. Combining an advanced optical design with high-efficiency solar modules and high-efficacy LEDs, the M708 is Carmanah's highest output LED marine lantern to date. Building on the company's industry-proven technology - used and trusted by marine authorities around the world for its rugged design and low-maintenance operation - the new M708 lantern offers increased optical efficiency, improved light uniformity, and unparalleled light performance in a compact solar-powered unit.

Fully configurable with 256 flash patterns and a minimum peak intensity of 125 candela (and performance up to six nautical miles), the M708 lantern is available in each of the International Association of Marine Aids to Navigation (IALA) light colors, making it suitable for a wide range of navigation and hazard-marking applications. For applications requiring multiple lanterns, an optional global positioning satellite (GPS) feature enables two or more units to be synchronized to flash in unison. Durable construction and top-quality materials ensure years of reliable, maintenance-free performance in even the most extreme environments, for a long-lasting lighting alternative that can significantly reduce total cost of ownership. As an environmentally friendly product, the M708 is also entirely RoHS compliant - designed in strict accordance with the European Union's guidelines for the restriction of hazardous substances in electronic equipment.

A high performance, low maintenance and easy-to-install light source, the M708 marine lantern is available now from Carmanah Technologies Corporation. See Carmanah's new M708 marine lantern at the American Association of Port Authorities (AAPA) show in Anchorage, Alaska, September 21-25 (Booth #20). For more information, visit www.carmanah.com.

About Carmanah Technologies Corporation

As one of 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's LED lights and 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" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, visit www.carmanah.com.

Carmanah Technologies Corporation

"Roland Sartorius"

Roland Sartorius

Chief Financial Officer


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

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, 2006, 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.