VICTORIA, British Columbia--(BUSINESS WIRE)--
Carmanah Technologies Corporation (CMH.TO) today announced that it has
received a $1.8 million USD purchase order to supply airfield
ground lights. Carmanah is making this disclosure as it has
determined that the order is material in the context of applicable
securities regulations and as such require timely disclosure.
These airfield ground lights have been ordered for use in applications
outside of North America. The purchase order was secured by a
substantial deposit and is scheduled to be shipped in the first and
second quarters of 2015.
About Carmanah Technologies Corporation.
Since its founding in 1996, Carmanah has become one of the most
trusted names in solar technology, delivering reliable and
cost-effective solar powered products and systems for industrial
applications worldwide. To date, Carmanah's solutions for marine
navigation, airfield ground lighting, aviation obstruction, flashing
beacons, roadway illumination, parking lot lighting, as well
as on and off-grid power generation, have been successfully deployed in
over 400,000 installations in 110 countries with proven performance in
conditions ranging from desert heat to arctic cold.
Carmanah is publicly traded with common shares listed on the Toronto
Stock Exchange under the symbol "CMH”.
For more information, visit www.carmanah.com.
Carmanah Technologies Corporation
“Stuart Williams”
Stuart Williams, Chief Financial Officer
For further information:
This release may contain forward-looking statements. Often, but not
always, forward-looking statements can be identified by the use of words
such as “expects,” “plans,” “estimates,” “intends,” “believes,” “could,”
“might,” “will” or variations of such words and phrases. Forward-looking
statements involve known and unknown risks, uncertainties, and other
factors which may cause the actual results, performance, or achievements
of Carmanah to be materially different from any future results,
performance, or achievements expressed or implied by the forward-looking
statements. These statements are based on management’s current
expectations and beliefs and are subject to a number of risks and
uncertainties. Examples of forward-looking information in this news
release include, but are not limited to, statements with respect to: the
ability of the company to covert the purchase order into a sale which we
can recognize for accounting purposes. For additional information on our
risks and uncertainties, see Carmanah’ s most recently filed Annual
Information Form (AIF) and Annual MD&A, which are available on SEDAR at www.sedar.com
and on the Company’s website at www.carmanah.com.
The risk factors identified in Carmanah’ s AIF and MD&A are not intended
to represent a complete list of factors that could affect Carmanah.
Accordingly, readers should not place undue reliance on forward-looking
statements. Carmanah does not assume any obligation to update the
forward-looking information contained in this press release.