September 22, 2011 -
VICTORIA, BRITISH COLUMBIA, CANADA (September 22, 2011) Carmanah Technologies Corporation (TSX: CMH) announced today that the settlement agreement to end the $6.0 million Lightech lawsuit relating to the 2010 terminated merger agreement between Lightech and Carmanah has been ratified by the Israeli courts and accordingly the settlement is now final.
About Carmanah Technologies CorporationAs 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.
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