Category: Investor News

July 23, 2003

Riverside Transit Agency Gives Bus Stops a Boost

RIVERSIDE, CA - July 23, 2003 - The Riverside Transit Agency (RTA) has launched an ongoing campaign aimed at improving the appearance and function of bus stops throughout Riverside County. The four-phase program kicked off in April with a bus stop clean up program. The Agency is now in the third phase, which includes the installation of 4,000 newly designed bus stop kiosk signs.
June 24, 2003

Carmanah Technologies to Acquire AVVA Technologies

Vancouver, British Columbia and Calgary, Alberta - June 24, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) and AVVA Technologies Inc. (TSX VE: AVY) are pleased to announce that they have signed a binding letter of intent pursuant to which Carmanah, or a wholly owned subsidiary thereof, will make an offer to acquire all of the issued and outstanding shares of AVVA (the "Proposed Acquisition").
May 28, 2003

Carmanah and Dialight Sign Memorandum of Understanding

Leading LED lighting companies join forces in multimillion-dollar solar LED market Victoria, BC - May 28, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce today that it has signed a memorandum of understanding with Dialight Corporation. As two industry leaders in the fast-growing LED (light-emitting diode) lighting market, the companies will now jointly develop and market roadway and aviation lighting for North America's transportation market.
May 09, 2003

Carmanah Annouces First Quarter Revenues Up 38%

P>Victoria, BC - May 9, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce its first quarter results for the three months ended March 31, 2003 and 2002. Carmanah's total revenues for the three months ended March 31, 2003 increased 38% to $1,906,478, compared to $1,381,044 for the same period in 2002.
April 23, 2003

Carmanah Enters International Aviation Lighting Market

Preliminary Sales Over $300,000
April 01, 2003

Carmanah Technologies Closes $1.48 Million Private Placement

Victoria, BC - October 30, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce that, further to the Corporation's news release of February 25, 2003, it has closed the private placement of 2,000,000 common shares of the Corporation at a price of $0.74 per share, for gross proceeds of $1,480,000.
March 18, 2003

Atlanta Transit Buys Carmanah’s i-STOP™ Solar-Powered, LED-Illuminated Bus Stop

Victoria, BC - October 30, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce that the Metropolitan Atlanta Rapid Transit Authority (MARTA) has selected the i-STOP(tm), Carmanah's new solar-powered bus-stop illumination system, for its "Enhanced Service Routes." Atlanta's $125,000 Cdn purchase marks the largest and most prominent installation of i-STOP(tm) systems since the product's market introduction in September of 2002. "Atlanta's installation will be an ideal showcase for the i-STOP(tm)," stated Carmanah's CEO, Art Aylesworth.
March 10, 2003

Carmanah Announces Record Revenue and Profit for 2002

91% Growth and Net Profit of $36K
March 01, 2003

Solar Light Emitting Diodes (LEDs): the new standard for navigation lights

Abstract Advances in light emitting diode (LED) technology have been remarkable in the last decade, opening up a realm of new applications. Carmanah Technologies Inc., based in Victoria, British Columbia, Canada has taken advantage of LED performance improvements to produce the first fully enclosed, solar-powered LED navigation lights.
February 25, 2003

Carmanah Technologies Announces $1.48 Million Private Placement

New shareholders include 4 European institutional investors