Category: Industry News

U.S. Coast Guard Approves Carmanah Lights

Carmanah Technologies Corp. of Victoria (CMHX:TSX Venture) has announced that its 700-series solar-powered LED marine lights have been approved for use on U.S. Coast Guard navigation aids. The USCG has been testing versions of the lights since they were originally designed in 1999.

Coast Guard OKs Carmanah LEDs for Buoys

Carmanah Technologies Corp. of Victoria, British Columbia, said today its 700 Series solar-powered LED (light-emitting diode) marine lights have been accepted by the U.S. Coast Guard for use on aids to navigation. CEO Art Aylesworth said the Coast Guard has been testing versions of the 700 Series since the original design was developed in 1999 under contract to the service. "We expect this endorsement to have a significant impact on the success of our international marine sales program," Aylesworth said in a statement. Carmanah says the Coast Guard is doing an economic analysis of the costs and benefits of a large-scale conversion from its traditional incandescent signals to LED technology. The company says the 700 series comes in three models, retailing between $1,000 and $1,200, all designed to operate with no maintenance for five years..

Carmanah Technologies LED Lights Approved for Use by U.S. Coast Guard

BUSINESS: Carmanah Technologies' 700 Series solar-powered LED (Light Emitting Diode) marine lights have been officially approved for use on U.S. Coast Guard aids to navigation. "We are extremely pleased to have this approval, as it adds third-party credibility to our products by one of the world's most sophisticated and respected marine authorities," said Carmanah CEO Art Aylesworth.

Carmanah Technologies Reports Profit

BUSINESS: Carmanah Technologies reported a modest $31,000 profit for its second quarter ended June 30, though the company's revenue grew 86 per cent to $1,513,733 compared with the second quarter of 2001 when they saw revenues of $701,587. For the six months ended June 30, Carmanah recorded a record $2,894,777 in revenues -- an increase of 78 per cent over the same period in 2001.

Island Innovation

Arctic Circle to tangled tropical mangroves - but also technological constraints hinder the development of compact, unobtrusive monitoring devices. That is, until marine biologist Jeff Goodyear, president of Victoria's H.A.B.I.T. Research, put his mind to it. In New York City, the frantic days that followed 9/11 meant increased traffic across New York Harbour.

Light at the End of the Tunnel

With the recent heavy declines in the stock market, Francis Roche, president of Roche Securities Ltd. in Edmonton, is selectively bargain hunting, but is also advocating caution, as he warns that there could be further evidence of a less-than-robust U.S. recovery as well as disappointing corporate earnings results. Still, there are opportunities for those willing to do their homework.

Streaming Audio Interview with CEO, Art Aylesworth

Pat Beechinor, host of MarketRadio.FM, interviews Carmanah's CEO Art Aylesworth

Union Pacific Railroad to Use Solar-Powered LED Lights

Carmanah Technologies Corporation announced on July 22nd that it has received an order from Union Pacific Railroad for 350 of its blue-signal rail yard lanterns. Carmanah's lights combine energy-saving light-emitting diode (LED) lights with rechargeable batteries and small solar cells.

Carmanah to Supply Lights to Kandla, India

Carmanah Technologies Corp., British Columbia, Canada, purchase order (terms not provided) to suppy 22 of its Model 701 solar powered LCD (sic) marine lights to the port of Kandla, India. Kandla is one of India's largest ports connecting over one million kilometers of northwestern India.

Lighting Products Designed for Aggregate and Gravel Industry

IronTracks Carmanah Technologies Inc., offers a specialized line of lighting products for the aggregate and gravel industry. The 201, 501, and 601 models are sealed, self-contained hazard marking lights. The lights can be installed in minutes, according to the manufacturer.