Vancouver, British Columbia – April 26, 2002 – Carmanah Technologies Corporation (CMH – TSX Venture Exchange), announced today that the company has already received $200,000 in orders for its new solar-powered LED (light emitting diode) transportation products from Solagen Ltd., its joint venture partner in the United Kingdom.
“The transportation and transit markets in the U.K. represent a huge opportunity for Carmanah and Solagen,” states Art Aylesworth, Carmanah’s CEO. Each year, England alone spends over £200 million on maintenance, public lighting and safety for its share of Great Britain’s 390,000-kilometer road system. Carmanah’s proven solar-powered LED technology adapts well to a range of products for this market — low cost, low maintenance and long lasting with autonomous operation.
Solagen is exclusively marketing products jointly developed with Carmanah, and will sell direct into the U.K.’s local government Traffic and Transportation sector, as well as to highway contractors, schools and bus operators. Solagen’s orders to-date, which will be filled by the end of March, are for solar-powered LED school crossing flashers and bi-directional road hazard marker posts.
“We are increasing our sales force significantly to cope with the demand,” states Solagen Director David Barraclough. Solagen was originally attracted to Carmanah because of the company’s depth of intellectual property and the strength of its patents.
The European market will get a closer look at all of Carmanah’s new solar-powered LED products for the transportation industry at the InterTraffic trade show in Amsterdam in April, 2002.
About Carmanah Technologies Inc.
Carmanah specializes in the design, manufacture and supply of patented, proprietary solar-powered LED lighting solutions for marine, roadway and railway markets. The company currently has distributors in
over 80 countries worldwide and more than 42,000 units installed to-date. The shares of Carmanah
Technologies Corporation (parent company) are publicly traded on the Canadian Venture Exchange
under the symbol “CMH”. For further information on the company’s products and services, please visit
On Behalf of the Board of Directors,
Carmanah Technologies Corporation
Praveen Varshney, Director
For further information, please contact:
Mr. Praveen Varshney, Director
Telephone: (604) 629-0264
Fax: (604) 682-4768
Mr. David Davies
Telephone: (250) 382-4332
Investor Relations Contact:
Vanguard Shareholder Solutions
Telephone: (604) 608-0824
Fax: (604) 601-2004