Carmanah Technologies Corporation: $1 Million Order to Power
Telecom Project in North Africa with Solar Technology
VICTORIA, BRITISH COLUMBIA, CANADA (September 12, 2008) Carmanah Technologies Corporation (TSX: CMH) has received an initial $1 million order from Lyon, France-based telecom provider TWIST to supply solar power systems for a telecommunications project in North Africa. The project, facilitated by Solergitech, Carmanah's authorized distributor in the region, will power a network of telecommunications towers with the company's stand-alone solar power systems. According to Ted Lattimore, Chief Executive Officer of Carmanah, this application -- as a part of an ongoing project with an estimated value of up to $6 million over the next three years -- represents a significant market opportunity for the Victoria-based solar technology company.
"As Carmanah extends its offerings throughout Europe, Africa and the Middle East, we're finding a great interest in our stand-alone solar power systems for all types of communications applications," said Lattimore. "Considering the remote locations of many of these installations, it's easy to see the appeal. A solar power system is durable, reliable and convenient; just install it wherever you need power -- with solar, there's no need to worry about grid access, fuel deliveries or generator maintenance," added Lattimore.
For this application, Carmanah is equipping each of the remote telecom towers with a fully integrated solar-power system including solar modules, controllers and batteries -- all optimized for maximum performance within the region's challenging geographic and environmental conditions. As a reliable source of high-quality power, Carmanah's solar power technology is providing a robust, low maintenance remote energy alternative.
For more on powering remote telecommunications applications with Carmanah solar technology, see www.solarforindustry.com.
Solargitech is a distributor of solar power systems and solar powered lighting equipment. For more information, visit www.solergitech.com
Established in Lyon, France in 1996, TWIST Transmissions is a telecommunications provider offering specialized communications services for ground/air, ground/ground and maritime transmission applications. For more information, visit www.twist.fr.
About Carmanah Technologies Corporation
As one of most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah's LED lights and power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, visit www.carmanah.com.
Roland Sartorius, Chief Financial Officer