Carmanah Announces Release Date for 2007 Annual Financial Results and Conference Call

Victoria, BC, Canada (March 04, 2008) Carmanah Technologies Corporation (TSX: CMH) plans to release its annual financial results for 2007 on Tuesday, March 11, 2008 at 1:00 pm PT (4:00 pm ET).

To discuss the 2007 results, Carmanah has scheduled a conference call for 2:00 pm PT (5:00 pm ET) that day. To access this conference call by telephone, dial 1.888.882.9090 (Canada and US) or +1.403.770.0861 (international) approximately five to ten minutes before start time. When prompted for the conference ID, enter 5161786.

A recording of the conference call will also be available on Carmanah's corporate website within three business days. For more information, visit www.carmanah.com.

About Carmanah Technologies Corporation

Carmanah is one of the world's premier suppliers of renewable and energy-efficient technologies, including solar-powered LED lighting, solar power systems & equipment and LED illuminated signage. From its global headquarters in Victoria, British Columbia, Canada, Carmanah oversees a network of branch offices and sales representatives across Canada, the United States and the United Kingdom.

Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, visit www.carmanah.com.

Carmanah Technologies Corporation

"Roland Sartorius"

Roland Sartorius

Chief Financial Officer


For further information, please contact:

Investors:

Investor Relations

Tel: +1.250.380.0052

Toll-Free: 1.877.722.8877

investors@carmanah.com

Media:

Public Relations: David Davies

Tel: +1.250.382.4332

ddavies@carmanah.com

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, 2006, 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.