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Carmanah Ranked #9 in List of Canada’s Fastest Growing Companies

In the June issue of PROFIT, a prominent Canadian national business magazine, the publication is announcing its 15th annual 2003 PROFIT 100: the definitive ranking of Canada's best and brightest growth firms. Carmanah is pleased to announce that with 3,669% revenue growth since 1997, it ranks #9 in Canada among the nation's fastest growing companies! For more details, visit www.profitguide.com, the publication's official web site..

Carmanah and Dialight Sign Memorandum of Understanding

Leading LED lighting companies join forces in multimillion-dollar solar LED market Victoria, BC - May 28, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce today that it has signed a memorandum of understanding with Dialight Corporation. As two industry leaders in the fast-growing LED (light-emitting diode) lighting market, the companies will now jointly develop and market roadway and aviation lighting for North America's transportation market.

US Air Force Orders Additional 300 Units for Middle East Airfield

Carmanah has received an additional order from the US Air Force for 300 units of its Model 601 taxiway edge light for permanent installation at a Middle East airfield. The US Air Force is currently using Carmanah's patented solar-powered LED airfield lighting at multiple US Air Force bases throughout the world.

Carmanah Annouces First Quarter Revenues Up 38%

P>Victoria, BC - May 9, 2003 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce its first quarter results for the three months ended March 31, 2003 and 2002. Carmanah's total revenues for the three months ended March 31, 2003 increased 38% to $1,906,478, compared to $1,381,044 for the same period in 2002.

Umm Qasr Is Set to Receive A Steady Stream of Ships

UMM QASR, Iraq -- The 41-mile journey up the murky Khor abd Allah River to Iraq's main deep-water port here is still a slow, eerie voyage through an obstacle course of navigational hazards. High-powered binoculars at hand, ships' crews must avoid decades-old shipwrecks -- casualties of Iraq's many wars -- that litter the waterway all the way into port.

Solid-State Lighting and Photovoltaics Find Synergy

As solid-state lighting - a close relative of photovoltaics - becomes poised to whittle away at the power demands of established metropolitan lighting systems, it is also creating small and remote market pathways for solar power. A conference held in Denver, CO, in March, under the auspices of the National Renewal Energy Laboratory (NREL; Golden, CO), focused on increasing the synergistic effects between solid-state lighting and solid-state power generation.

Solar Light Emitting Diodes (LEDs): the New Standard for Navigation Lights

Abstract Advances in light emitting diode (LED) technology have been remarkable in the last decade, opening up a realm of new applications. Carmanah Technologies Inc., based in Victoria, British Columbia, Canada has taken advantage of LED performance improvements to produce the first fully enclosed, solar-powered LED navigation lights.

Carmanah Enters International Aviation Lighting Market

Preliminary Sales Over $300,000

Launch of Solar Power Bus Stops

More than 40 bus stops in south London, including Sutton, have been adapted to run on solar power as part of a new trial launched by Transport for London (TfL). The stops are being fitted with a specially designed canopy to gather power from the sun during the day which is then stored in batteries and released at night. The energy from the solar power is used to light up the timetable so information is more legible when it is dark.

Carmanah “Lights Up” Post-9/11 Barricade at Chicago O’Hare International Airport

Carmanah's solar-powered LED aviation lights are now installed at the Chicago O'Hare International Airport. 30 units of the Model 601 solar-powered LED light are marking a massive rolling barricade that has been designed in response to post 9/11 security measures. The 601 was selected to combat continuous and increasing battery replacement costs at the maintenance facility.