Vancouver, BC, Canada - (August 4, 2004) - Carmanah Technologies Corporation (TSX VE: "CMH"; Berlin and Frankfurt Stock Exchanges: "QCX"), is pleased to announce that the Company has been contracted by the U.S. Marine Corps to supply solar-powered LED aviation lights for two air bases in the Middle East. Valued at approximately Cdn $402,000 and Cdn $710,000 (for a total of $1,112,000), both purchases are repeat orders from each air base and are expected to be shipped this quarter.
"Most of our significant aviation contracts to-date have been with new customers. These repeat orders provide strong confirmation that our lights are reliable, durable and offer a viable alternative to hardwired traditional airfield lighting," states Art Aylesworth, Carmanah's CEO.
Combined, these two orders are for more than 1900 units of Carmanah's Model 601 and 700 Series Aviation Lights. Applications at each air base will include runway edge, threshold, taxiway and obstruction lighting. One of the air bases has been operating a complete Carmanah Portable Solar Airfield Lighting System (PSALS) for approximately 9 months now; the system has functioned flawlessly and entirely maintenance-free under demanding conditions.
Carmanah has now supplied in excess of 9,000 units to more than 50 different air bases in the Middle East, Southeast Asia, and North America. Customers include the U.S. Army, U.S. Air Force, U.S. Marines, Air National Guard, as well as other international military organizations.
Primary benefits of Carmanah's unique solar-powered LED lighting technology include reduced capital costs, simple installation, high performance, zero maintenance, proven reliability and night vision goggle (NVG) compatibility.
Carmanah is an award winning alternative energy manufacturer specializing in patented solar-powered LED lighting solutions for the aviation, transit, marine, roadway, railway and industrial worksite markets. The Company currently has more than 90,000 units installed in 110 countries. The shares of Carmanah Technologies Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol "CMH" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, please visit www.carmanah.com.
On Behalf of the Board of Directors,
Carmanah Technologies Corporation
Praveen Varshney, Director
For further information, please contact:
Mr. Mark Komonoski, Director
Mr. David Davies
This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in Carmanah's Annual Report for the fiscal year ended December 31, 2003, as filed with the U.S. Securities and Exchange Commission and which are incorporated herein by reference. These risks and uncertainties are also described under the caption "Risk Factors" in Carmanah's Annual Information Form dated December 31, 2003, as filed with the British Columbia Securities Commission and which are incorporated herein by reference. Carmanah does not assume any obligation to update the forward-looking information contained in this press release.