CARMANAH TAKES THE NEON OUT OF POINT OF PURCHASE SIGNAGE

FOR IMMEDIATE RELEASE   
Thursday, October 30, 2003
(No.2003-10-20)

CARMANAH TAKES THE NEON OUT OF POINT OF PURCHASE SIGNAGE
AVVA Subsidiary Receives $314K Order

Victoria, British Columbia, Canada - October 30, 2003 - Carmanah Technologies Corporation (TSX.V: CMH) is pleased to announce that its wholly-owned subsidiary, AVVA Light Corp., has received a $314,000 contract for specialty edge-lit point of purchase (POP) signage. This order represents a second major order this year with the same purchaser, a multinational company.

"LED illumination technology is the next generation in POP advertising," states Art Aylesworth, Carmanah's CEO. "Illuminated, neon and backlit signs now account for 32 percent of the $9 billion United States sign market, and AVVA's sales are an indicator of the growth in market acceptance for its LED edge-lit technology."

AVVA's unique edge-lighting technology uses highly efficient LEDs (Light Emitting Diodes) to direct light through an engraved and/or painted acrylic panel. The result is a crisp, evenly illuminated corporate logo or message in a compact, ultra-slim package. AVVA's LED edge-lit signs offer a number of value propositions for the customer over neon tube alternatives, including low capital cost, significantly greater energy efficiency, higher durability, and increased design versatility. They also have a long operating life of 10 to 12 years with no maintenance or servicing.

"This latest order is the second purchase in a long-term relationship with the end user, resulting in more than $900,000 sales during this calendar year", states AVVA's President, Mr. Tom Charlton. "It is encouraging to see ongoing demand for our product, as it shows our end-users are pleased with the performance of our technology. We are at the forefront of an industry trend, and with the leverage of Carmanah's sales and e-commerce resources we are looking forward to introducing our LED edge-lighting to new clients and international markets."

AVVA's edge-lit signs have been built into numerous product display configurations and even into the handles of draught beer taps. However, the applications range far beyond corporate branding and POP sales to include architectural and road signage. AVVA and Carmanah are planning a joint introduction of a new energy-saving LED product for the vast road and highways market in early 2004.

About Carmanah

Carmanah is an award winning alternative energy manufacturer specializing in patented solar-powered LED lighting solutions for the marine, transit, aviation, roadway, railway and industrial worksite markets. The Company has more than 70,000 units installed in 110 countries. 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 more information, please visit www.carmanah.com.

About AVVA

AVVA designs, manufactures and distributes energy-efficient, illuminated sign products for corporate identity, point-of-purchase sales, architectural and gaming applications. For further information, please visit www.avva.com.

On Behalf of the Board of Directors
Carmanah Technologies Corporation

" Praveen Varshney "

Praveen Varshney, Director

For further information, please contact:

Carmanah Contact:
c/o Investor Relations
Mr. Praveen Varshney, Director
Carmanah Technologies Corporation
Tel: (604) 629-0264
Toll-Free: 1-866-629-0264
investors@carmanah.com

AVVA Light Corp.:
Mr. Mark Komonoski
Carmanah Technologies Corporation
Tel: (403) 861-8384
Toll-Free: 1-800-665-3749
markk@avva.com

Media:
Mr. David Davies
Tel: (250) 382-4332
ddavies@carmanah.com

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 our Annual Report for the fiscal year ended December 31, 2002, 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 our Annual Information Form dated December 31, 2002, as filed with the British Columbia Securities Commission and which are incorporated herein by reference. We do not assume any obligation to update the forward-looking information contained in this press release.