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Carmanah Reports Fourth Quarter and Fiscal Year 2012 Results

Q4-2012 revenue of $8.4 million underpins positive adjusted EBITDA

Carmanah Announces Release Date for Fourth Quarter and Fiscal 2012 Financial Results and Conference Call

  VICTORIA, BC, CANADA (March 7, 2013) Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) will release its fourth quarter and fiscal 2012 financial results on March 14, 2013 at 1:00 pm PT (4:00 pm ET).   Carmanah has scheduled a conference call for analysts at 2:00 pm PT (5:00 pm ET) on Thursday, March 14, 2013.

US Utility Purchases Over $500,000 of Inverters from Go Power! by Carmanah for Large Utility Fleet

  VICTORIA, BRITISH COLUMBIA, CANADA (March 6, 2013) Carmanah Technologies (TSX:CMH) announces that a major Utility in the United States is equipping its fleet of service and repair vehicles with the company’s proprietary Go Power!™ brand inverters.  Able to respond to a unique challenge the Utility was having in outfitting their existing fleets with pure sine wave inverters, Go Power! answered the call with a custom fit solution valued at over $500,000. The customized Go Power! inverter solution was chosen as the lighter and more compact contender with a competitively-driven price.

Carmanah Technologies Enters Into Supply Agreement with Acuity Brands

  VICTORIA, BRITISH COLUMBIA, CANADA (February 28, 2013) Carmanah Technologies (TSX: CMH) announced today that it has entered into a supply agreement with Acuity Brands, Inc. (NYSE: AYI), a leading provider of LED lighting and lighting controls. The agreement provides for the supply of Carmanah’s commercial-grade solar outdoor light engines for integration into certain luminaires produced by Acuity Brands.

Carmanah Closes Acquisition of Spot Devices

  Carmanah announces today that it has completed the previously announced (November 15, 2012) transaction to acquire the assets of Spot Devices, Inc., (“Spot Devices”). Spot Devices is a market leader in the traffic signaling industry and, together with Cirrus Systems, LLC, (“Cirrus”) a related company, an innovator of System Infrastructure Management Application ("SIMA") technology.

Carmanah Reports Resignation of Director

Carmanah today is announcing the resignation of Dr. Dave Green as a member of the Board of Directors effective December 31, 2012. Dr. Green is the founder (1995) of the business and remains an investor in the company.   Rob Cruickshank, Chairman of the Company, states “David has remained very active and involved with the business throughout his board tenure.

Carmanah/ADB Supply Emergency Solar Systems to Brazilian Air Force

VICTORIA, BC, CANADA (December 21, 2012) Airfield lighting partners Carmanah Technologies (TSX:CMH), ADB Airfield Solutions and Brazilian distributor AVIEX  Importacao have been selected to supply five emergency-deployable, solar-powered airfield and helipad lighting systems to the Brazilian Air Force at a value of over $400,000.    The fully portable lighting systems will be stored at the Brazilian Air Force Command Centre and are designed to be easily deployed at offsite locations as operational requirements change.  All systems include durable deployment containers to ensure safe transportation and storage.

Carmanah Technologies Named A Leading Publicly-Traded Cleantech Company by Corporate Knights

VICTORIA, BC, CANADA (November 30, 2012) The Corporate Knights (CK), a Toronto-based media, research and financial products company and publisher of Corporate Knights magazine, have named Carmanah Technologies Corp. (TSX: CMH) one of ten “Leading publicly-traded cleantech companies of 2012” within The Cleantech Index 2012.

Carmanah Technologies Announces Acquisition of Spot Devices including License of SIMA System

  Carmanah Technologies (TSX: CMH) announced today a definitive agreement to acquire the assets of Spot Devices, Inc., (“Spot Devices”) a Nevada, USA-based manufacturer of pedestrian and school zone safety systems. Spot Devices is a market leader in the traffic signaling industry and, together with Cirrus Systems, LLC, a related company, an innovator of System Infrastructure Management Application ("SIMA") technology.

Carmanah Reports Third Quarter 2012 Results

  VICTORIA, BC, CANADA (November 15, 2012) Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its third quarter results for the period ended September 30, 2012.   For the three months ended September 30, 2012, the Company recorded a net loss of $0.8 million on revenues of $6.7 million.  Total third quarter 2012 revenues were down $1.8 million over the same period in 2011.  The net loss is primarily driven by lower revenues recognized in the current quarter.