Category: Industry News

Carmanah LED Street Name Signs Improve Downtown Livermore, CA.

Carmanah's Roadways Division has received an order from the City of Livermore, CA for 12 units of its R409 LED-illuminated, street-name sign. These signs have been installed in downtown Livermore along the First Street Corridor as part of Livermore's First Street Landscape Project. Livermore's experience with traditional hard-wired fluorescent signs, and the associated ongoing maintenance and high-energy costs, motivated the city to purchase Carmanah's LED signs.

Carmanah Sells LED Street Name Signs To Hurricane-Prone Florida Region

Carmanah has received a preliminary order for 20 units of its R409 LED edge-lit street-name signs from Lee County in Florida. The signs will be installed at five separate intersections in Ft Myers. Lee County selected Carmanah's R409 street name signs for their slim design and even light output.

Ex is Aiming to be Energy Self-Sufficient

$1-Million pilot project: solar power system to be installed at Horse Palace

Coming Out Party

Carmanah Technologies founder David Green, centre, is flanked by chief executive officer Art Aylesworth, right, and Toronto Stock Exchange director Tom Graham for the Victoria company's debut on Canada's largest exchange on Thursday in Toronto. Carmanah shares (TSX:CMH) lost five cents to close at $4.05 on a volume of 191,368.

Carmanah Graduates to the Toronto Stock Exchange

Operated by Toronto's CityTV, CP24 is Canada's only 24-hour local news channel. This CP24 video segment features Carmanah's CEO, Art Aylesworth, and Carmanah's founder, Dr. David Green, as they ring in the opening bell on February 2, 2006, at the Toronto Stock Exchange - the first day of trading for Carmanah after graduation from the small-cap Toronto Venture Exchange. View the video segment in Windows Media format. If you do not have a Windows Media player installed on your computer, you can download the player for free by clicking on a button below: For more information, contact: Mr.

Carmanah Partners with British Columbia Government for ‘Solar For Schools’ Initiative

Supported by the BC Ministry of Energy, Mines and Petroleum Resources, the BC Solar For Schools Project is a pilot program developed to teach future generations about the potential of clean, solar energy to reduce greenhouse gas emissions and the threat of global climate change. As stated by the Honourable Richard Neufeld, Minister of Energy, Mines and Petroleum Resources, "an investment in solar energy is an investment in the future, because using more alternative energy means cleaner air and healthy children.

Carmanah Listed on TSX, Wins More Orders

As well as being listed on the Toronto Stock Exchange, Carmanah has reported various orders for its solar-powered LED beacons. Solar-powered LED specialist Carmanah has joined the Toronto Stock Exchange (TSX). The company's common shares began trading on the TSX effective Thursday, February 2, 2006 at 9:30 am ET under the symbol "CMH". Carmanah recently received an additional order from the US Air Force for 171 units of its A702-5 solar-powered LED runway lights.

Shedding Light on Bus Stops

Solar-powered beams will make it better for passengers and easier for drivers to see them.

Carmanah Commends Newly Approved California Solar Initiative

Carmanah Technologies Corporation is pleased to note that the California Solar Initiative (CSI) was approved by a 3–1 vote by the California Public Utilities Commission on January 12, making it the largest solar energy policy in U.S. history and effectively tripling California's annual subsidy to solar energy.

Carmanah Joins the Big League

All that's left to do is ring the bell.Representatives from Victoria-based Carmanah Technologies travel to Toronto next week to make official the company's leap to the Toronto Stock Exchange from the TSX Venture Exchange.Carmanah chief executive Art Aylesworth confirmed Wednesday the high-tech firm which designs and manufactures solar-powered lighting and illumination technology, has been approved to make the jump, which is akin to a coming out party."This is in our best interests to open up our potential audience," said Aylesworth, noting many institutional investors who look for companies on the rise will only park their money when they hit the senior exchanges."Some will just not deal with junior exchanges."The move is also to keep other institutional investors happy -- those who bought in last year when Carmanah raised $15 million in December on the understanding the company intended to make the move.Aylesworth said Carmanah also felt the time was right, as it had grown significantly in 2005 with the acquisition of Soltek Powersource Ltd., a Saanichton company which designs and manufactures solar panels and power systems and has enjoyed majority share in that sector in Canada for some time."We actually qualified `for the jump` a year and a half ago," Aylesworth said.To list as what the TSX calls a "profitable company," firms are required, among other criteria, to post net assets of $2 million and pre-tax earnings of $200,000.But Aylesworth said Carmanah was actually able to qualify as a "senior company." The criteria there includes net assets of $7.5 million and pre-tax earnings of $300,000."`At the time` we had all the assets in place but we had not been as focused on making money because we were so busy developing the next market we were after," Aylesworth said, adding the money making started to increase as development projects started to create revenue.Though the company is just now finalizing its 2005 financial statements, Carmanah reported revenues of nearly $24 million through the first three quarters of 2005 and net earnings of $873,000 through that period.