Victoria, British Columbia, Canada – Tuesday, October 26, 2004 – Carmanah Technologies Corporation (TSX Venture: CMH) is pleased to announce that it has entered into a marketing alliance with Landscape Forms of Kalamazoo, MI (www.landscapeforms.com), a leading manufacturer of commercial outdoor furniture and accessories. Under the agreement, Carmanah will provide the technology to integrate solar-powered, light-emitting diode (LED) lighting into the design of selected Landscape Forms’ products.
Collaborating with Carmanah, Landscape Forms is currently designing a series of security-related products that will encompass solar-powered LED lighting. These products are scheduled for market introduction in early 2005.
LEDs represent the most fundamental improvement in illumination technology since the invention of the light bulb. LEDs produce light using a semi-conductor chip in a process that is extremely efficient. They are also shock/vibration proof and offer a life span over 20 times greater than that of conventional incandescent light bulbs. Through years of innovation, Carmanah has developed proprietary power management capabilities that enable the Company to offer high performance solar-powered LED lighting that is extremely reliable and robust.
Bill Main, President of Landscape Forms, stated, “We are looking forward to an exciting partnership with Carmanah and will be adding olar LED lighting to site furniture products. We are already incorporating Carmanah’s technology into some of our new designs to offer efficient, cost-effective, long lasting and maintenance-free lighting solutions for commercial applications.”
Art Aylesworth, CEO of Carmanah, stated, “Like Carmanah, Landscape Forms is a leading innovator in its industry. With Landscape Forms’ design capabilities and Carmanah’s unique solar-powered LED lighting, the outdoor furniture market will have access to products with entirely new form and function. There is a natural synergy between our two companies that will become readily apparent with the release of our integrated products.”
About Landscape Forms
Landscape Forms is a designer, manufacturer and marketer of commercial outdoor furniture and accessories, and has won numerous design awards during its 35 year history. The company’s product list includes exterior seating systems, benches, tables and chairs, umbrellas, wheelchair-accessible picnic tables, planters, litter receptacles and ash urns. Clients include such well-recognized companies as Cisco Systems, Hewlett Packard, Harvard University, Disney, Chrysler, Mayo Clinic, Chicago’s Lincoln Park Zoo, Sprint, Gateway, LaGuardia Airport, Microsoft, Nike, Kellogg’s Cereal City USA and many others. Visit Landscape Forms on the web at www.landscapeforms.com.
About Carmanah Technologies Inc.
Carmanah is an award-winning manufacturer of proprietary LED lighting products for marine, aviation, transit, roadway, and industrial worksite markets. The Company has in excess of 100,000 installations 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, visit www.carmanah.com.
On Behalf of the Board of Directors,
Carmanah Technologies Corporation
“Praveen Varshney”
Praveen Varshney, Director
For further information, please contact:
| Investor Relations:
Mr. Mark Komonoski, Director Tel: (403) 861-8384 Toll-Free: 1-800-665-3749 |
 |
Media:
Mr. David Davies Tel: (250) 382-4332 |
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.