VICTORIA, BRITISH COLUMBIA, CANADA and COLUMBUS, OHIO (November 1, 2010) – The strategic partnership between airfield lighting pioneers Carmanah Technologies Corporation and ADB Airfield Solutions has yielded a significant purchase order from the Venezuela Air Force for a joint solar and AC-powered airfield lighting system, valued in excess of $300,000 USD, as part of an infrastructure upgrade at an undisclosed base.
The new airfield lighting system includes radio-controlled solar LED ADB-branded SAWL runway edge lights and SATO blue taxiway lights manufactured by Carmanah, combined with an AC-powered ADB approach system. Cost savings associated with the new system are expected to be significant as the solar portion of the installation requires no trenching or cabling, and there will be minimal ongoing operation or maintenance costs.
Venezuela-based Carmanah and ADB partner, Iner Consultores, is working closely with the Air Force to oversee delivery and installation of the system. “The Carmanah ADB partnership gives Iner Consultores the ability to provide a complete airfield solution that integrates solar and AC-powered components, creating many new opportunities for ADB and Carmanah in this market,” said Iner Consultores director, Iliana Fernandez, a longtime Carmanah distributor who has recently begun working with ADB to serve the Venezuela airfield lighting market.
Carmanah CEO Ted Lattimore agreed. “Projects like the Venezuela Air Force airfield upgrade are an excellent example of the kinds of opportunities created by the Carmanah and ADB partnership. A joint solar and AC-powered product portfolio combined with Carmanah and ADB’s decades of expertise in developing and delivering airfield lighting systems gives our global distributor channel the complete solution they need to respond to any and all airfield lighting opportunities.”
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.
ADB is the world’s leading airfield lighting technology company in the FAA and ICAO markets providing advanced, integrated and sustainable solutions for visual guidance. With a world-wide presence for more than 60 years, ADB differentiates itself by offering an innovative portfolio and expertise which sets standards in safety, performance and quality that is supported by unparalleled levels of customer service. ADB is trusted as the preferred partner for airside operations. For more information about ADB, visit www.adb-airfieldsolutions.com.
Carmanah Technologies Corporation
Chief Financial Officer
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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, 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.