Victoria, British Columbia, Canada – March 16, 2005 – Carmanah Technologies Corporation (TSX Venture: CMH) is pleased to announce that it has been contracted to supply solar-powered LED runway lighting for two runways undergoing resurfacing and pavement upgrades. The orders are valued at approximately Cdn$156,000 and Cdn$235,000 (for a total of Cdn$391,000).
The first order was for Carmanah’s solar-powered LED runway edge and caution lights to be used for emergency backup lighting on a secondary runway at the world-renowned Nassau International Airport in the Bahamas. An estimated one million people utilize the 11,000 ft runway at the Nassau International Airport each year and there are approximately 500 landings and take-offs everyday. As the “gateway” to the Bahamas, the airport is considered one of the country’s most valuable pieces of real estate.
“This is another example of how we are following our strategic plans to break into the civil aviation market,” states Art Aylesworth, Carmanah’s CEO. “Reconstruction projects give us a great opportunity to showcase Carmanah’s airfield lights. Carmanah’s solar-powered LED airfield lights can be installed quickly, and then moved to another location and used again after the project ends.”
Nassau International purchased the 150 units of Carmanah’s solar-powered airfield lights as part of a US$40 million reconstruction project currently underway. The order comprised of runway edge lights, runway caution lights (with split amber/white LEDs), and threshold lights (with split red/green LEDs) and will be shipped this quarter. Carmanah’s solar-powered LED technology will be used as backup lighting in the event of a power failure or other emergency. Once installed, Carmanah’s lights can be activated within 10 seconds of runway light failure and will provide bright, reliable dusk-to-dawn operation.
The second airfield lighting order, in the amount of Cdn$235,000, was placed by a US defense customer. This order comprised of 334 units of taxiway edge, runway edge, runway caution and runway threshold airfield lights. Carmanah is pleased to report the entire order was delivered within two business days. These lights will be installed on a temporary runway at the air base to enable uninterrupted operations while construction takes place. Once the upgrades are complete, the lights will then be used permanently for dual runway operations.
With more than 20,000 installations worldwide, Carmanah is the primary supplier of solar-powered LED airfield lighting to commercial, private and defense airfields. For more information, visit Carmanah’s aviation web site at www.solarairportlights.com.
About Carmanah
Carmanah is an award-winning manufacturer of proprietary LED-based lighting and illumination products for the public transit, roadway, marine, aviation, industrial worksite, and illuminated signage markets. The Company has more than 110,000 solar-powered LED lighting installations and 50,000 LED-illuminated sign installations in 110 countries. The shares of Carmanah Technologies Corporation are publicly traded on the TSX Venture Exchange under the symbol “CMH” and on the Berlin and Frankfurt Stock Exchanges under the symbol “QCX”. For more information, please visit www.carmanah.com.
On Behalf of the Board of Directors
Carmanah Technologies Corporation
” Praveen Varshney “
Praveen Varshney, Director
For further information, please contact:
Carmanah Contacts:
Mr. Praveen Varshney, Director
Carmanah Technologies Corporation
Tel: (604) 629-0264
Toll-Free: 1-866-629-0264
Mr. Mark Komonoski, Director
Carmanah Technologies Corporation
Tel: (403) 861-8384
Toll-Free: 1-800-665-3749
Media:
Mr. David Davies
Tel: (250) 382-4332
This release contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are described under the caption “Note Regarding Forward-looking Statements” and “Key Information – Risk Factors” and elsewhere in Carmanah’s Annual Report for the fiscal year ended December 31, 2003, as filed with the U.S. Securities and Exchange Commission and which are incorporated herein by reference. These risks and uncertainties are also described under the caption “Risk Factors” in Carmanah’s Annual Information Form dated December 31, 2003, as filed with the British Columbia Securities Commission and which are incorporated herein by reference. Carmanah does not assume any obligation to update the forward-looking information contained in this press release.