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Update on Acquisition of Carmanah Technologies Inc.

Vancouver, British Columbia Andina Development Corporation (CDNX: ADZ) Further to the Company's news release dated February 20, 2001, announcing the proposed acquisition by the Company of Carmanah Technologies Inc. ("Carmanah"), management is pleased to provide the following update.

Bright Lights, Deep Waters

Initial Air Date: March 27, 2001 Sailor/Scientist David Green helms a small company called Carmanah. A few years back, Dave invented a solar powered LED light for use on highways, buoys, or any other remote spot that needs brightening. When Venture caught up to Dave in 1999 his company was making just enough sales to survive.

Andina Development Corporation Announces Letter of Intent for Reverse Takeover with Carmanah Technologies Inc.

Andina Development Corporation announces Letter of Intent for Reverse Takeover with Carmanah Technologies Inc. Vancouver, British Columbia Andina Development Corporation (CDNX: ADZ) Andina Development Corporation (the "Corporation") is pleased to announce that it has entered into a letter of intent (the "Letter of Intent") dated December 22, 2000 with Carmanah Technologies Inc.

Solar Lights Mark Out Farms’ Perimeters

    Canadian company Carmanah Technologies' new generation of solar-powered LED lights are now finding a wider application as perimeter markings for fish farming cages and other aquaculture facilities.    "Aquaculture applications for our lights now account for a large part of our business," Art Aylesworth, the company's president, told FFI.    "Our original target for these products was navigation buoys.

Enlightening Move

Company known for its sturdy marine products is branching out.

Profile: Carmanah Lights a Bright Idea

Carmanah Lights sounds like west coast cigarettes or low calorie beer for environmentalists, but they're actually a bright idea from a new Victoria Company.It started five years ago when David Green was sailing back from Fiji where he was teaching. On the return voyage he spent a lot of time thinking about what to do next.    A partner in Axys a group of Sydney high-tech firms, he had taken the family to the South Pacific after selling his stake in the businesses.One day at sea, the light went on, figuratively.

Hi Tech Harbour

Monday, January 1, 1996 Business Report By Lyle Jenish Victoria Running the perimeter of the property at 203 Harbour Road, just North of the Ocean Point Resort on the Esquimalt side of Johnson Street Bridge, is a chain link fence. Walking to the Johnson Street bridge to shoot the cover photo, we passed through a […]

Hi-Tech Harbour

Running the perimeter of the property at 203 Harbour Road, just North of the Ocean Point Resort on the Esquimalt side of Johnson Street Bridge, is a chain link fence. Walking to the Johnson Street bridge to shoot the cover photo, we passed through a gate in the fence and Dr David Green paused at the top to relate stories of junkies and drunkards, wallowing in the brambles growing up around the feet of the blue bridge.There are no brambles or thistles or junkies any more.