VICTORIA, BRITISH COLUMBIA, CANADA (July 15, 2009) Carmanah Technologies (TSX: CMH) has signed an agreement with frog design inc. to introduce the next benchmark in solar-LED area lighting. Established in 1969, frog design is a global innovation firm that has pioneered some of the world's most groundbreaking designs for trendsetting companies such as Apple, Disney, HP, Louis Vuitton, Logitech, Microsoft, and Sony.
"Exploring the possibilities for the next generation of solar powered lighting is an exciting design challenge," noted Doreen Lorenzo, president of frog design. "Alternative energy solutions are a big part of the future of the field of innovation. We're excited to be partnering with industry leaders like Carmanah."
Built on nearly two decades of experience developing self-contained solar-LED lanterns and beacons for the marine and aviation industries, Carmanah's solar-powered street, parking lot and pathway lights help businesses and communities introduce outdoor area lighting wherever it's needed, without trenching, cabling, grid access, or a monthly utility bill. With more than a quarter of a million units deployed, Carmanah products are widely used and recognized around the world for durability, performance and dependability - operating safely and reliably in some of the world's most challenging environments.
For this significant new product, Carmanah is committed to introducing a trend-setting design that incorporates the unique benefits of today's photovoltaic, LED and lighting technology. "With solar energy more attractive than ever, I believe our technology is fast approaching the tipping point between industry innovation and widespread acceptance," said Ted Lattimore, Carmanah CEO. "Thanks to the amazing capabilities of today's solar-LED technology, solar-LED lighting can offer convenience without compromise - as an affordable, high-performance alternative to traditional wired systems. Today's high-output LEDs produce more light for less power, so batteries, panels and support structures can be smaller and lighter than ever before," said Lattimore. "That's why we're so excited to work with the creative professionals at frog design; together we can deliver a powerful new lighting alternative that's high performance, low maintenance, and great looking - day or night."
Intended for streets, parking lots, pathways and more, Carmanah's next-gen standalone solar-LED light is scheduled for a global product launch in 2010. For more information on solar LED lighting, visit www.carmanah.com.
About frog design, inc.
frog design is a global innovation firm and works with the world's leading companies, helping them to create and bring to market meaningful products, services, and experiences. frog's multidisciplinary process reveals valuable consumer and market insights and inspires lasting, humanizing solutions. With a team of more than 400 designers, technologists, strategists, and analysts, frog delivers fully convergent experiences that span multiple technologies, platforms, and media. frog works across a broad spectrum of industries, including consumer electronics, telecommunications, healthcare, media, education, finance, retail, and fashion. Clients include Disney, GE, HP, Logitech, Microsoft, MTV, Seagate, Siemens, Yahoo! and others. Founded in 1969, frog is headquartered in San Francisco, with studios in Austin, New York, Seattle, Milan, Amsterdam, Stuttgart, and Shanghai. frog design is an independent division of Aricent, a global innovation, technology, and outsourcing company, focused exclusively on communications. Aricent is owned by Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office, and Flextronics.
About Carmanah Technologies Corporation
As one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". For more information, visit www.carmanah.com.
Carmanah Technologies Corporation
Chief Financial Officer
For further information, please contact:
Investor Relations: Roland Sartorius
Public Relations: David Davies
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, 2008, 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.