InvestorsHub Logo
Followers 54
Posts 16727
Boards Moderated 0
Alias Born 02/03/2004

Re: None

Monday, 05/07/2012 1:55:19 PM

Monday, May 07, 2012 1:55:19 PM

Post# of 66
Mexico President Inaugurates Puebla Park Featuring Carmanah EG-Series Solar LED Outdoor Lights

Monday, May 07, 2012

VICTORIA, British Columbia (Business Wire) -- On May 5th, Mexican delegates including President Felipe Calderón and the Puebla state governor celebrated the 150th anniversary of the Battle of Puebla with the inauguration of Paseo Ribereño Park, one of many emblematic landmarks in the anniversary celebrations and residence to over 400 EG-series solar outdoor lighting systems designed by Carmanah Technologies Corp. (TSX: CMH)(Pink Sheets: CMHXF). The celebration, which commemorates a state-wide historical event, included the inauguration of major urban infrastructures, a civic parade, cultural festivities, and a nationally-televised concert. The event also hosted a list of international delegates and guests. In preparation for the grand opening, the State ordered an additional 80 Carmanah EG320 solar LED outdoor lighting systems for “Los Fuertes”, a historically significant area where celebrations took place, for a total deployment of 469 systems valued at over $1.2M USD.

The EG-series solar outdoor light was selected by Mexico officials to illuminate the City's Paseo Ribereño (Riverside) park, which spans almost 5.2 kilometers along the Atoyac River. The EG-series met light output requirements to improve safety of the park while presenting an excellent economic argument to go solar as a result of lower product and installation costs in comparison with AC-powered alternatives. In addition to preserving the natural landscape by eliminating the need to dig hard-wired lighting throughout the park, the EG-series stringent backlight controls and dark-sky friendly fixture will preserve the natural habitat surrounding the public walkway areas. The project was won jointly by Carmanah and local partner Semex, S.A. de C.V.

The Carmanah EG-series solar LED outdoor lighting portfolio is the company's latest generation of reliable and cost-effective solar LED lighting products specifically designed for cost-sensitive and developing regions of the world. The EG-series solar engines are specified for their location and power high-efficiency LED luminaires which are available in standard IES distribution types II, III, IV, V, and flood.

“We're thrilled that our EG solar light met the needs of the parks that are included in such a historic celebration,” said Bruce Cousins, Carmanah CEO. “This additional installment in Puebla with Semex validates the potential for solar lighting and highlights Carmanah's technology at international levels.”

In 2010, Carmanah Technologies and Semex entered into a manufacturing and distribution agreement to allow both companies to bring leading-edge solar outdoor lighting technologies to Mexico as well as better serve major clients across the country.

Carmanah EG-series solar LED outdoor lights will be showcased at the 2012 Lightfair International tradeshow in Las Vegas, Nevada, May 9-11th (booth #5117). For more information about the EG-series and solar LED outdoor lighting, visit www.carmanah.com. For a full video of the inauguration, click here.

About Semex

Semex is a leading developer and manufacturer of highway safety and traffic products serving customers worldwide for the past 50 years. Semex is part of the Signal Group's companies (www.signalgp.com). For more information, visit www.semex.com.mx.

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 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.

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. For additional information on these 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.


Carmanah Technologies Corporation
Investors:
Roland Sartorius, CFO, 1-877-722-8877
Investor Relations
investors@carmanah.com
or
Media:
David Davies, +1-250-382-4332
Public Relations
ddavies@carmanah.com

http://www.theglobeandmail.com/globe-investor/news-sources/?date=20120507&archive=bwire&slug=20120507006269

"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.