2013-04-16 15:04:45 -
Victoria, British Columbia CANADA, April 16, 2013 /FSC/ - Carmanah Technologies Corporation (CMH - TSX), solar airfield products have been selected by the US Marine Corps for deployment in support of Combined Joint Task Force - Horn of Africa (CJTF-HOA). Including Carmanah solar-powered runway edge and threshold lights, taxiway lights and obstruction lights and mounting hardware, the order represents one of many temporary or permanent off-grid airfield deployments employed by US and NATO bases throughout the world.
Upon shipment, the Carmanah A704 wireless runway edge lights, A650 taxiway lights, and A650 obstruction lights are immediately deployable to support humanitarian or military operations in CJTF-HOA. In addition to avoiding cabling costs and installation logistics, the innately mobile lights are also immune
to grid failures or instability.
"Carmanah has proven its capability and performance within the aviation industry. Our list of installations in the defense and commercial airfield markets is substantial and continues to grow," said Carmanah CEO Bruce Cousins. "With remote monitoring and control, infrared capability, and high intensity technology optimized for Northern latitudes, we believe that our products will continue to be unmatched particularly where a demand for energy independence, quality and reliability exist in the marketplace."
In 2013, Carmanah supplied hundreds of taxiway and runway lights for U.S. Air Force bases in Colorado, Kansas, Arizona, Mississippi and Delaware. In 2012, Carmanah launched the A704-H; a high-intensity solar LED airfield light that meets standards for medium-intensity runway lighting ("MIRL") and high intensity runway lighting ("HIRL") up to 500 candela (in white). It is also capable of Infrared ("IR") modes for Night Vision Goggle ("NVG") operation and is ideal for deployment in permanent or temporary airfields and helipads and as backup emergency lighting systems.
About Carmanah Technologies Corporation
As one of the 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 solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah pursues its business strategy within six distinctive product offerings: outdoor lighting, marine signal, aviation signals, traffic signals, grid-tie and mobile. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". For more information, visit www.carmanah.com.
Carmanah Technologies Corporation
Roland Sartorius, Chief Financial Officer
For further information:
Investor Relations:Roland Sartorius
Public Relations: Natasha Bartlett
This news release contains "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements are generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets," "could," "estimates," "expects," "forecasts," "projects" and similar expressions, and the negative of such expressions. Forward-looking statements in this news release include statements about the reliability and attributes of Carmanah's solar LED lights and solar power systems; and Carmanah's strategy, future operations, prospects and the plans of management; additional product sales opportunities; increased top line revenue; and extending existing product lines through internal development efforts, strategic business relationships as well as focused acquisitions.
With respect to the forward-looking statements contained in this news release, Carmanah has made numerous assumptions regarding, among other things, that the Company's proprietary solution presented a compelling off-grid, sustainable lighting solution; and additional product sales result in increased top line revenues. While Carmanah considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause Carmanah's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained herein. Known risk factors include, among others: the products contemplated in this sale may not be completed or function as currently anticipated, or the installations may not be completed in the timeframe contemplated and general risks related to the competitive environment, competition with other energy sources, technological changes, anticipated adoption rates for Off-Grid LED lighting; ability to manage expansion effectively, foreign exchange, reliance on third party manufacturers, reliance on outside agents and distributors, reliance on key employees, intellectual property risks, environmental and regulatory compliance, government contracts and subsidies, product quality and reliability and warranty liability risk, downturn in economic and market conditions, liquidity and capital requirements, litigation risk, potential reorganization of operations or product offerings, and geopolitical and other global or local events; there can be no assurances that the Company can increase or maintain current top line revenue; there can be no assurances that the Company will achieve additional product sales; and there can be no assurances the Company can extend existing product lines through internal development efforts, strategic business relationships and focused acquisitions.
A more complete discussion of the risks and uncertainties facing Carmanah appears in Carmanah's most recently filed Annual Information Form, Annual MD&A, and other continuous disclosure filings which are available on SEDAR at www.sedar.com and on the Company's website at Carmanah disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
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Source: Carmanah Technologies Corporation (CMH - TSX) www.carmanah.com
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