Trojan's Lead Acid Batteries to Provide Energy Storage for Carmanah's Line of Solar LED Lights
VICTORIA, BC, CANADA AND SANTE FE SPRINGS, CA(October 12, 2010) - Carmanah Technologies Corporation, Canadian manufacturer of self-contained solar LED Lighting systems for marine, aviation, traffic and off-grid lighting applications worldwide today announced a strategic partnership with Trojan Battery Company, the world's leading manufacturer of deep cycle batteries. Under the agreement, Carmanah will use Trojan's deep cycle batteries to provide energy storage for its EverGENTM portfolio of outdoor solar LED lights.
"We are pleased to welcome Carmanah to Trojan's global alliance of renewable energy OEM partners. Trojan's high-quality deep cycle, lead acid batteries are designed specifically to meet the cycling requirements of renewable energy systems like Carmanah's solar LED lighting systems," said Bryan Godber, vice president of renewable energy for Trojan Battery.
The global market for solar lighting applications has been expanding rapidly. This partnership between Carmanah and Trojan Battery will enable customers in the growing market to take advantage of the best of both companies' central strengths thanks to a deeper technical integration of their respective products.
In solar lighting applications that depend on lighting for safety under challenging conditions, a high-quality, dependable system comprised of premium solar LED technology and superior deep cycle battery power is the key to ensure mission-critical robustness and reliable performance in all operating conditions. Moreover, using a long-lasting battery like Trojan's deep cycle products helps reduce total cost of ownership and significantly lower a system's operating costs.
"Carmanah is looking forward to working closely with Trojan to leverage our own knowledge of energy management and solar lighting system design with Trojan's understanding of deep cycling performance and optimization, to improve and enhance both Carmanah and Trojan's technologies and products for off-grid solar LED lighting," said Ted Lattimore, Carmanah CEO. "And as strategic partners we can work collectively to promote best practices for the design and application of off-grid solar lighting utilizing deep cycle batteries, and help to promote standards for this type of technology in this rapidly expanding industry."
Trojan Battery offers the broadest portfolio of high-quality, deep cycle flooded, gel and cycling AGM products available for a wide range of renewable energy and backup power applications. Built on proprietary deep cycle technology, Trojan's batteries are specifically engineered for powering clean energy applications like Carmanah's solar LED lighting systems over long periods of time. All of Trojan's batteries provide superior performance, rugged durability and long life. Trojan batteries are available worldwide through Trojan's global master distributor network.
About Carmanah Technologies Corporation
Since 1996, Carmanah has been engineering some of the most advanced solar LED lighting on the market. With over 300,000 installations worldwide, Carmanah technology has been put to the test in virtually every environment on Earth. Featuring a patented energy management system that provides enhanced autonomy and system performance, reliable off-grid lighting is something Carmanah is known for. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". Carmanah is backed by a worldwide network of lighting professionals. For more information, visit www.carmanah.com.
About Trojan Battery Company
Trojan Battery Company is the world's leading manufacturer of deep cycle batteries, offering a complete portfolio of technologically-advanced flooded, gel and AGM batteries that provide maximum long-lasting performance to meet the requirements of today's advancing renewable energy systems. Trojan Battery Company, founded in 1925, is ISO 9001:2008 certified with operations in California and Georgia. For more information, visit www.trojanbattery.com.
Please visit Trojan Battery at the Solar Power International show in Los Angeles, October 12 - 14, booth 1521.
Carmanah Technologies Corporation
Chief Financial Officer
For further information, please contact:
Investor Relations: Roland Sartorius
Public Relations: David Davies
Lore McKenna, Director of Marketing
Forward Looking Statements
This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Carmanah to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which 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, 2009, as filed on SEDAR at www.sedar.com. The risk factors identified in Carmanah's Annual Report are not intended to represent a complete list of factors that could affect Carmanah. Accordingly, readers should not place undue reliance on forward-looking statements. Carmanah does not assume any obligation to update the forward-looking information contained in this press release.