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U.S. Coast Guard Approves Carmanah Lights

Carmanah Technologies Corp. of Victoria (CMHX:TSX Venture) has announced that its 700-series solar-powered LED marine lights have been approved for use on U.S. Coast Guard navigation aids. The USCG has been testing versions of the lights since they were originally designed in 1999.

U.S. Coast Guard Approves Solar LED Marine Lighting

Carmanah Technologies Corporation (CTC) have announced that its 700 Series solar-powered LED (Light Emitting Diode) marine lights have been officially approved for use on United States Coast Guard (USCG) aids to navigation. This approval was released by the Commandant for the USCG through Notice 16500 - issued on July 30, 2002 and entitled "Equipment for Discrepancy Buoy/Small Lighted Buoy Applications".

Coast Guard OKs Carmanah LEDs for Buoys

Carmanah Technologies Corp. of Victoria, British Columbia, said today its 700 Series solar-powered LED (light-emitting diode) marine lights have been accepted by the U.S. Coast Guard for use on aids to navigation. CEO Art Aylesworth said the Coast Guard has been testing versions of the 700 Series since the original design was developed in 1999 under contract to the service. "We expect this endorsement to have a significant impact on the success of our international marine sales program," Aylesworth said in a statement. Carmanah says the Coast Guard is doing an economic analysis of the costs and benefits of a large-scale conversion from its traditional incandescent signals to LED technology. The company says the 700 series comes in three models, retailing between $1,000 and $1,200, all designed to operate with no maintenance for five years..

Carmanah Technologies LED Lights Approved for Use by U.S. Coast Guard

BUSINESS: Carmanah Technologies' 700 Series solar-powered LED (Light Emitting Diode) marine lights have been officially approved for use on U.S. Coast Guard aids to navigation. "We are extremely pleased to have this approval, as it adds third-party credibility to our products by one of the world's most sophisticated and respected marine authorities," said Carmanah CEO Art Aylesworth.

Carmanah Technologies Reports Profit

BUSINESS: Carmanah Technologies reported a modest $31,000 profit for its second quarter ended June 30, though the company's revenue grew 86 per cent to $1,513,733 compared with the second quarter of 2001 when they saw revenues of $701,587. For the six months ended June 30, Carmanah recorded a record $2,894,777 in revenues -- an increase of 78 per cent over the same period in 2001.

Carmanah Solar LED Marine Lighting Approved By U.S. Coast Guard

Carmanah Technologies Corporation (TSX VE: CMH Berlin and Frankfurt Stock Exchanges: QCX) today that its 700 Series solar-powered LED (Light Emitting Diode) marine lights have been officially approved for use on United States Coast Guard (USCG) aids to navigation. This approval was released by the Commandant for the USCG through Notice 16500 - issued on July 30, 2002 and entitled "Equipment for Discrepancy Buoy/Small Lighted Buoy Applications". "We are extremely pleased to have this approval, as it adds third-party credibility to our products by one of the world's most sophisticated and respected marine authorities", states Art Aylesworth, CEO of Carmanah.

Island Innovation

Arctic Circle to tangled tropical mangroves - but also technological constraints hinder the development of compact, unobtrusive monitoring devices. That is, until marine biologist Jeff Goodyear, president of Victoria's H.A.B.I.T. Research, put his mind to it. In New York City, the frantic days that followed 9/11 meant increased traffic across New York Harbour.

Carmanah Announces Second Quarter Profitability and Record Revenue

Vancouver, BC, Canada - (October 21, 2004) - Carmanah Technologies Corporation (TSX VE: CMH; Berlin and Frankfurt Stock Exchanges: QCX), is pleased to announce its second quarter results for the three months ended June 30, 2002. Highlights for the quarter are as follows: Revenue up 86% over Q2 2001 to $1,513,733 Profit of $31,140 Revenue growth (86%) outpaced expenditures (44%) Unit sales were up 72% to 10,783 for the first half of 2002 Gross profit reaches a record 58% as direct sales increase Investments into developing new markets continues SUMMARY OF RESULTS FOR 2002 3 Months Ended June 30 Carmanah recorded a record $1,513,733 in revenues.

Light at the End of the Tunnel

With the recent heavy declines in the stock market, Francis Roche, president of Roche Securities Ltd. in Edmonton, is selectively bargain hunting, but is also advocating caution, as he warns that there could be further evidence of a less-than-robust U.S. recovery as well as disappointing corporate earnings results. Still, there are opportunities for those willing to do their homework.

New Technology Lights Up Newfoundland and Labrador Coastline

With the help of a small Canadian technology company, the Canadian Coast Guard (CCG) has installed the first fully lit marine navigation system in the world. Carmanah Technologies Inc. of Victoria, B.C., has invented a small, powerful, lightweight, and most importantly inexpensive solar-powered marine light that completes the CCG's quest to build a low-cost lighted navigation buoy that runs for five years with no maintenance.