Carmanah Receives $1.8M Order for Solar Airfield Ground Lights
March 11 2015 - 7:31PM
Business Wire
Carmanah Technologies Corporation (TSX: CMH) 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:
Investors:
Investor Relations: Stuart Williams
Toll-Free: 1.877.722.8877
investors@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.
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.
Carmanah Technologies CorporationInvestors:Investor
Relations:Stuart WilliamsToll-Free:
1-877-722-8877investors@carmanah.com
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