Annual General Meeting and New Nominees for Directors

FOR IMMEDIATE RELEASE   Tuesday, May 7, 2002
   (No. 2002-05-06)

Annual General Meeting and New Nominees for Directors
Vancouver, BC - May 7, 2002 - Carmanah Technologies Corporation (TSX VE: CMH) is pleased to announce that the date for its Annual General Meeting of Shareholders has been set for June 13, 2002. The meeting will be held at 10:00 am (Pacific time) at Suite 1304-925 West Georgia Street, Vancouver, British Columbia.

Carmanah is also pleased to announce the nomination of Trevor Johnstone and Kelly Edmison to the Companys Board of Directors.

Mr. Johnstone holds a Masters of Business Administration from the University of California, Berkeley, along with Chartered Accountant and Certified Public Accountant designations. He is a founder and principal of Tricor Pacific Capital, Inc. (Tricor"), a private equity investment firm. He participates in all aspects of Tricor's investment activity and is an active director of each of its portfolio companies, namely, Tree Island Industries Ltd., Halsteel, Inc., Industrial Wire Products Corp., NorskeCanada, AG Growth Industries Inc., and Swiss Water Decaffeinated Coffee Company Inc. Prior to forming Tricor, he was a principal and acted as Chief Financial Officer of Macluan Capital Corporation. He also spent nineteen years as a practicing public accountant, initially with Arthur Andersen & Co. and thereafter as a founding partner of a local Vancouver accounting firm. Mr. Johnstone acts as a director of a number of public and private companies. As both a principal and advisor, he has gained experience in Canadian, US and international transactions. He was Chairman of Pacifica Papers Inc. during its billion-dollar merger with Norske Skog Canada Limited, and now sits on the board of the combined entity. He was instrumental in the formation and creation of Helijet Airways Inc., where he acts as Corporate Secretary and Director.

Kelly Edmison has been active in the Vancouver junior tech market for the past decade. A graduate of the University of Toronto and Queen's University, Mr. Edmison has practiced law for over 20 years. He spent his early career in Calgary and Hong Kong before joining Ladner Downs (now Borden Ladner Gervais) in 1985 where he practiced securities and commercial law until 1995. He then established his own practice focused exclusively on representing Vancouver based junior technology companies. During the past five years, companies represented by Mr. Edmison have closed over forty financings raising aggregate proceeds in excess of $200,000,000. Mr. Edmison has been an officer of a number of high profile venture capital financed companies such as NxtPhase Corporation and Sonigistix Corporation. He has also been a director and/or officer of various public companies listed on the TSX Venture Exchange and / or the Toronto Stock Exchange such as PCS Wireless Inc., eDispatch Wireless Data Inc. and A.L.I. Technologies Inc.

Mr. Edmison is currently President, Chief Executive Officer and a Director of Devon Ventures Corporation (Devon Ventures"), a merchant banking firm listed on the TSX Venture Exchange. Devon Ventures has recently purchased 600,000 common shares of Carmanah as a portfolio investment.

About Carmanah Technologies Inc.

Carmanah specializes in the design, manufacture and supply of patented, proprietary solar-powered LED lighting solutions for marine, railway and roadway 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 TSX Venture Exchange under the symbol "CMH". For further 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:

Corporate Contacts:Mr. Praveen Varshney, DirectorTel: (604) 629-0264Toll-Free: 1-866-629-0264   Media Contact:Mr. David DaviesHarbourwerks CommunicationsTel: (250) 382-4332ddavies@harbourwerks.com   Investor Relations Contact:Vanguard Shareholder SolutionsTel: (604) 608-0824Toll-Free: 1-800-567-6223ir@vanguardsolutions.ca