|
CARMANAH SOLAR LED MARINE LIGHTING APPROVED BY U.S. COAST GUARD
FOR IMMEDIATE RELEASE Tuesday, August 20, 2002
(No. 2002-08-14)
Victoria, British Columbia - August 20, 2002 - Carmanah Technologies Corp. (TSX VE: CMH; Berlin and Frankfurt Stock Exchanges: QCX) is pleased to announce today that its 700 Series solar-powered LED (Light Emitting Diode) marine lights have been officially approved for use on United States Coast Guard (USCG) aids to navigation. This approval was released by the Commandant for the USCG through Notice 16500 - issued on July 30, 2002 and entitled "Equipment for Discrepancy Buoy/Small Lighted Buoy Applications".
"We are extremely pleased to have this approval, as it adds third-party credibility to our products by one of the world's most sophisticated and respected marine authorities", states Art Aylesworth, CEO of Carmanah. The USCG has been testing versions of the 700 Series since the original design was built in 1999 under USCG contract. "We expect this endorsement to have a significant impact on the success of our international marine sales program."
Notice 16500 represents one of the first approvals of LED-based marine lights by the USCG. All area and district commanders have received notice that they are now officially permitted to use Carmanah's 700 Series marine lights on discrepancy buoys, ATON stations, small lighted buoys and other platforms at their discretion. During 2002-2003, in an effort to reduce service costs, the USCG is performing a rigorous economic analysis of the total ownership cost of its traditional incandescent signals versus a potentially large-scale conversion to newer LED-based lighting technologies.
Carmanah's 700 Series line comprises 3 models: the 701, 702, and 702-5. These units are entirely self-contained and feature unique, proprietary solar-powered LED lighting technology. They retail between US$1000 and US$1250 each and are designed to operate reliably nearly anywhere in the world with no maintenance for up to 5 years. In a comparison of marine lights by the Département Signalisation Maritime et Fluviale (France), Carmanah's 700 Series units proved to offer the lowest cost of acquisition, the lowest cost of installation, as well as the lowest cost of operation for marine lights with visibilities up to 3.5 nautical miles*.
About the United States Coast Guard
The USCG (www.uscg.mil <http://www.uscg.mil>) is a military, multi-mission, maritime service charged with a broad scope of regulatory, law-enforcement, humanitarian, and emergency-response duties. The Aids-to-Navigation Division of the USCG is currently responsible for the operation and maintenance of approximately 16,000 minor aids to navigation in the United States.
About Carmanah Technologies Inc.
Carmanah designs, manufactures and supplies patented, proprietary solar-powered LED lighting solutions to the marine, transit, roadway and railway markets. The company has distributors in over 80 countries and now has more than 45,000 units installed worldwide. The shares of Carmanah Technologies Corporation (parent company) 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 further information, please visit www.carmanah.com <http://www.carmanah.com>.
On Behalf of the Board of Directors
Carmanah Technologies Corporation
Praveen Varshney, Director
Corporate Contact:
Mr. Praveen Varshney, Director
Tel: (604) 629-0264
Toll-Free: 1-866-629-0264
investors@carmanah.com
Media Contact:
Mr. David Davies
Tel: (250) 382-4332
ddavies@carmanah.com
Investor Relations Contact:
Vanguard Shareholder Solutions
Tel: (604) 608-0824
Toll-Free: 1-866-801-0777
vanguard@carmanah.com
| | - Mr. Jean-Pierre Wallard, Chef du Groupe Optique, Département Signalisation Maritime et Fluviale, Centre d'Etudes Techniques Maritimes et Fluviales / France, XVth IALA Conference, March 2002.
|
|