Posts

April 06, 2004

Carmanah Wins National Environmental Award for Export Performance

Mr. Art Aylesworth, CEO, presenting Carmanah's solar-powered LED products at the GLOBE 2004 Conference. From left to right: Mr. Art Aylesworth; Mr. David Reddaway, British High Commissioner for Canada; Honourable David Anderson, Minister of the Environment, Canada; Honourable Paul Martin, Prime Minister of Canada. Vancouver, British Columbia, Canada - Monday, April 5, 2004 - Carmanah Technologies Corporation (TSX Venture: CMH) is pleased to announce that it received the Industry Award for Export Performance at the 2004 GLOBE Awards held in Vancouver, British Columbia on April 2, 2004. As Canada's highest profile national environmental awards, the GLOBE Awards are presented by The GLOBE Foundation of Canada and honours Canada's most influential and respected environmental corporations. "The Globe Awards could be considered the 'Oscars' for Canadian environmental innovation", states Carmanah's CEO, Mr.
April 03, 2004

Globe Environmental Prize Winners

Six enterprises received Globe Awards for Environmental Excellence in Vancouver last night. Toyota In Canada won in the corporate competitiveness category, the Canadian Urban Transit Association for environmental performance, Carmanah Technologies Inc. for export performance, Xantrex Technology Inc.
March 31, 2004

B.C.’s Power Technology Will Grow to be A $1 Billion Industry

British Columbia's power technology sector -- driven by a worldwide need for alternative sources of power -- will grow to be a $1-billion industry by 2005, an increase of 66 per cent since 2002, says a report released Tuesday. The report also said that revenues of $620 million for 2002 were larger than those for the same year in the highly-touted wireless sector, at $510 million, and the well-publicized biotechnology cluster at $179 million. The BC Power Technology Industry Survey says the diverse industry -- that includes everything from fuel cells to LED lighting to solar power to energy management, power conditioning and turbines -- expects the workforce of 3,000 to grow from 15 to 20 per cent over the next three years. "Our power systems are aging in North America and Europe and the load demands are getting higher," said Clay Braziller of the not- for-profit Canadian Institute for Market Intelligence, which did the survey with KPMG.
March 29, 2004

Robert Graham Interviews Carmanah CEO Art Aylesworth

On today's edition of Canada's Business Report, host Robert Graham profiles a fast-growing Victoria, B.C., company that designs and manufactures solar-powered LED lighting for the marine, roadway and railway markets. Graham speaks with Art Aylesworth, President and Chief Executive Officer at Carmanah Technologies.
March 26, 2004

Spokane International Airport Installs Carmanah Taxiway Edge Lights

Spokane International Airport, a general aviation airport in Spokane, Washington, has purchased an additional order of Carmanah's solar-powered LED taxiway edge lights for permanent installation. Spokane International is using Carmanah's maintenance free, self-contained taxiway edge lights for illuminating areas of its General Aviation airport that currently lack the cabling and power infrastructure required for a conventional hardwired system.
March 23, 2004

Zurich International Airport (ZRH) Installs Carmanah Obstruction Lights

Zurich International Airport (ZRH), also known as Kloten International Airport, is Switzerland's largest international gateway and is hub to Swiss International Airlines, install obstruction lights. A new runway approach at Zurich International made it necessary to build a new tourist-viewing platform for incoming and outgoing international air traffic.
March 18, 2004

Carmanah to Light Hospital Zone at Balad Air Base, Iraq

Carmanah is pleased to report that the US Army and US Air Force are installing 44 units of the Carmanah Model 702 for helipad edge lighting at the Hospital Zone of the Balad Air Base, Iraq. For this installation, solar-powered green and amber LED edge lights will be used to delineate the perimeter of hospital landing pads for Medivac pilots of the US Army and US Air Force.
March 12, 2004

USCG Regulation Endorses LEDs

Vancouver, British Columbia - A new U.S. Coast Guard regulation has taken effect officially endorsing the use of LED (light emitting diode) lighting technology for private aids-to-navigation (PATONs), Carmanah Technologies Inc., a Canadian LED manufacturer said recently in a press release. The new regulation means, for the first time, individuals, corporations, and all levels of government will be allowed to use approved LED-based marine lighting for their marine navigation aids.
March 10, 2004

Carmanah Announces Financial Results for 2003

Vancouver, BC, Canada - (October 21, 2004) - Carmanah Technologies Corporation (TSX VE: CMH; Berlin and Frankfurt Stock Exchanges: QCX), is pleased to announce its audited results for the years ended December 31, 2003 and 2002. Highlights for 2003: Annual revenue up 42% over 2002 to $9,220,018 Net earnings of $22,843 and operating income of $111,798 (EBITDA of $260,936) Q4 revenue of $3.3 million, up 74% over Q4 2002 Q4 revenue up $1 million (43%) over Q3 2003 Record outstanding orders of $1.1 million at year end Revenue growth (42%) outpaced expenditure growth (26%) Aggressive investment continued in both R&D and business development for new markets "2003 was a year where Carmanah received strong validation for its products in new markets in addition to its core marine market," states Art Aylesworth, Carmanah's CEO.