Vancouver, British Columbia - April 26, 2002 - Carmanah Technologies Corporation (CMH - TSX Venture Exchange) is pleased to announce that its wholly-owned subsidiary, Carmanah Technologies Inc. ("Carmanah"), has won an international tender to supply 408 solar LED (light emitting diode) marine lanterns to the government of the Socialist Republic of Vietnam.
The tender is part of Vietnam's initial efforts to upgrade the illumination of its waterways. The Vietnam Inland Waterway Administration will be installing the Carmanah lanterns on navigation buoys in Ha Long Bay and Hai Phong Harbour of North Vietnam, starting in October 2001.
Art Aylesworth, President and C.E.O. of Carmanah, states, "We are pleased with the results of this tender. Carmanah has been aggressively pursuing worldwide markets and greater international exposure. Our success in Vietnam is significant and is evidence that our efforts are paying off."
Carmanah Releases Two New Web Sites
Carmanah Technologies Inc. is also pleased to announce the launch of two new web sites:
A site dedicated to hazard marking applications in the railway industry. This type of micro-market enables the Corporation to focus its message specifically to railway lighting end users. The site provides comprehensive information on Carmanah's model 209 and 509 products, designed specifically to meet the Federal Railway Administration's "blue light" legislation.
As of February, 2001, Carmanah has been under contract with Transport Canada to develop a recommended Canadian standard for warning signals at road/railway grade crossings that incorporate new LED (light emitting diode) technology. This web site supports Carmanah's efforts and presents the Corporation's Phase 1 Report along with the Proposed Specification. It also offers a discussion forum encouraging feedback from all stakeholders across Canada.
Carmanah specializes in the design, manufacture and supply of patented, proprietary solar LED lighting solutions for the marine, roadway and railway markets worldwide. Established in 1996 and headquartered in Victoria, British Columbia, Canada, the Corporation currently has over 80 distributors worldwide and approximately 28,000 lights installed to-date. The shares of Carmanah Technologies Corporation (parent company) are publicly traded on the Canadian Venture Exchange under the symbol "CMH".
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
For further information, please contact:
Mr. Praveen Varshney, Director
or Mr. Aly Mawji
Carmanah Technologies Corporation
1304-925 West Georgia Street
Vancouver, British Columbia, Canada V6C 3L2
Telephone: (604) 629-0264