Carmanah Lands $200,000 Contract

Tuesday, March 26, 2002

Carmanah Technologies Corp. has received $200,000 in orders for its new solar-powered LED transportation products from Solagen Ltd., its joint venture partner in the United Kingdom.

"The transportation and transit markets in the U.K. represent a huge opportunity for Carmanah and Solagen," stated Art Aylesworth, Carmanah's CEO. Each year, England alone spends over £200 million on maintenance, public lighting and safety for its share of Great Britain's 390,000-km road system. Carmanah's proven solar-powered LED technology adapts well to a range of products for this market-low cost, low maintenance and long lasting with autonomous operation.

Solagen is exclusively marketing products jointly developed with Carmanah, and will sell direct into the U.K.'s local government Traffic and Transportation sector, as well as to highway contractors, schools and bus operators. Solagen's orders to-date, which will be filled by the end of March, are for solar-powered LED school crossing flashers and bi-directional road hazard marker posts.