VICTORIA, BRITISH COLUMBIA, CANADA (May 22, 2009) The Board of Directors of Carmanah Technologies Corporation (TSX: CMH) has appointed Rob Cruickshank as Chairman of the Board.
“Rob Cruickshank brings an impressive range of knowledge and experience to this role,” said Dr. David Green, the founder of Carmanah Technologies who has served as Chairman for the last eight years. “Rob had a superb career at Telus, and he brings the large-company experience that Carmanah needs to reach the next level of maturity as a company. Having worked with Rob for the last year on the Carmanah Board, I have found him to be committed and determined. I feel I am leaving the position of Chairman in very capable hands and that Rob will complete the process of succession and renewal that our board commenced in 2007.”
Though stepping down from the role of Chairman, Dave Green will retain a seat on the Board, so that the company he established more than a decade ago continues to benefit from his technical expertise and years of industry experience in the field of solar-LED technology.
Rob Cruickshank joined the Board in May 2008, having recently served as President of the British Columbia Technology Industries Association (BCTIA), a not-for-profit, member-funded organization representing the technology industry across the province. Prior to joining BCTIA, he had a long and successful career with TELUS/BCTEL serving in many executive roles including over four years as the President of BCTEL Mobility. For two years, Cruickshank was President of MDSI Mobile Data Solutions, a public company listed on the Toronto and NASDAQ exchanges.
In accepting the role of Chairman, Cruickshank expressed his gratitude to his fellow Board members and emphasized his commitment to the challenge ahead. “I look forward to working with Ted Lattimore and his executive team, David and each member of the Board in this new capacity,” said Cruickshank.
For more information, visit www.carmanah.com.
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.