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CARMANAH TECHNOLOGIES TO DRIVE REVENUE
WITH NEW TRANSPORTATION MARKET SOLAR PRODUCTS LINE
Vancouver, British Columbia -- February 12, 2002 -- Carmanah Technologies Corporation (CDNX: CMH) is expanding its platform technology into the multi-billion dollar transportation market. CEO Art Aylesworth unveiled the companys new product line of solar-powered LED lighting products, designed for the roadway safety industry, at the American Traffic Safety Services Association's (ATSSA) annual Convention & Traffic Expo in Dallas, Texas.
The highway and transit sectors are intent on reducing energy costs while improving safety," says Aylesworth. Carmanahs solar powered products do that, and they are durable, long lasting and smart -- customers can program them very easily.
This is a very exciting mass market for our technology, with immediate potential. Field trials are already underway on Carmanahs new transportation products in Europe and the United States."
Carmanahs new products include programmable School Crossing Flashers, which are easy to install and provide huge cost savings for school crossings. It is a stand alone self contained product that eliminates the need to dig up roads and wire in standard electrical crosswalk markers. Carmanahs proprietary software can program the light to turn itself on and off, taking into account school holidays, using a Handspring Visor or Palm Pilot.
Other products include Roadway Hazard Markers, Directional Lights and Sign Enhancers, all of which improve safety and reduce power costs. Carmanah products are robust and operate reliably under all environmental conditions (northern and southern climates), an important competitive edge. The companys products are also very efficient, getting the most power possible out of the solar panels and into the LEDs.
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 32,000 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 companys products and services, please visit www.carmanah.com.
On Behalf of the Board of Directors
Carmanah Technologies Corporation
Praveen Varshney "
Praveen Varshney, Director
Corporate Contacts:
Mr. Praveen Varshney, Director
Tel: (604) 629-0264
Toll-Free: 1-866-629-0264
Mr. Marc Hoelscher, Sales
Tel: (250) 380-0052
Toll-Free: 1-877-722-8877
investors@carmanah.com
Media Contact:
Mr. David Davies
Harbourwerks Communications
Tel: (250) 382-4332
ddavies@harbourwerks.com
Investor Relations Contact:
Vanguard Shareholder Solutions
Tel: (604) 608-0824
Toll-Free: 1-800-567-6223
ir@vanguardsolutions.ca
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