Carmanah Technologies Corporation - Canadian Solar Powered Lighting Technology To Protect U.S. Navy.

Business Editors

VICTORIA, British Columbia--(BUSINESS WIRE)--Nov. 8, 2001

Carmanah Technologies Corporation (CMH - CDNX) is pleased to announce today that its wholly-owned subsidiary, Carmanah Technologies Inc. ("Carmanah"), has received an order from the U.S. Navy to supply its Model 601 solar powered LED (light emitting diode) lanterns for marking anti-terrorism nets. Carmanah is immediately shipping a first order valued at US $22,000 to Norfolk, Virginia for this high priority transaction.

Carmanah's marine lanterns will be used on a floating barrier to protect ships while in port. Since the terrorist attack on the USS Cole last year in Yemen, American military ships have sought protection using anti-terrorism nets.

"The demand for our products has become much more urgent since September 11th and the outbreak of war on terrorism," states Art Aylesworth, C.E.O. of Carmanah. The idea of floating barriers to protect ships in port was first looked at 10 years ago but was only acted on after the attack on the USS Cole last year. Mr. Aylesworth confirms, "We are pleased that our solar technology is being used for added security during these troubling times."

Carmanah's Model 601 LED lantern is on of the world's most advanced 1-2 nautical mile navigational lights. Completely self-contained and maintenance-free, this product provides up to 5 years of worry-free operation without battery or bulb replacement or any other type of servicing. The Model 601 is self-cleaning and completely waterproof. It is also housed within an extremely durable polycarbonate/polymer housing, making it virtually indestructible and vandal-proof.

About Carmanah Technologies Inc.

Carmanah specializes in the design, manufacture and supply of patented, proprietary solar LED lighting solutions for marine, roadway and railway markets. Established in 1996 and headquartered in Victoria, British Columbia, Canada, the company currently has distributors in over 80 countries worldwide and more than 31,000 lights installed to-date. The shares of Carmanah Technologies Corporation (parent company) are publicly traded on the Canadian Venture Exchange under the symbol "CMH". For further information on the company's products and services visit www.carmanah.com.

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

On Behalf of the Board of Directors

Carmanah Technologies Corporation

"Praveen Varshney"

Praveen Varshney, Director

For further information, please contact:

Mr. Praveen Varshney, Director

Tel: [phone]

Toll-Free: 1-866-629-0264

Fax: [phone]

E-mail: [e-mail]

Contact For Media:

Mr. David Davies

Harbourwerks Communications

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