CARMANAH WINS NATIONAL ENVIRONMENTAL AWARD FOR EXPORT PERFORMANCE

As Canada's Environmental Leaders are Celebrated at the 3rd Annual Globe Awards for Environmental Excellence

Vancouver, British Columbia, Canada - Wednesday, April 7, 2004 - Carmanah Technologies Inc. is pleased to announce that it received the Industry Award for Export Performance at the 2004 GLOBE Awards held in Vancouver, British Columbia on April 2, 2004. As Canada's highest profile national environmental awards, the GLOBE Awards are presented by The GLOBE Foundation of Canada and honours Canada's most influential and respected environmental corporations.


"The Globe Awards could be considered the 'Oscars' for Canadian environmental innovation", states Carmanah's CEO, Mr. Art Aylesworth. "The Industry Award for Export Performance represents the most significant and prestigious national award received by Carmanah to-date, and all members of our staff are very proud of the achievement."

Across Canada, eligible corporations were short-listed down to 20 finalists. Six awards were then presented, according to the following environmental categories:

- THE INDUSTRY AWARD FOR EXPORT PERFORMANCE: - Winner: Carmanah Technologies Inc.
- THE CORPORATE COMPETITIVENESS AWARD: - Winner: Toyota In Canada
- THE INDUSTRY ASSOCIATION AWARD FOR ENVIRONMENTAL PERFORMANCE: - Winner: Canadian Urban Transit Association
- THE CORPORATE AWARD FOR TECHNOLOGY INNOVATION: - Winner: Xantrex Technology Inc.
- THE CAPITAL MARKETS AWARD FOR SUSTAINABLE INVESTMENT AND BANKING: - Winner: Innovest Strategic Value Advisors
- THE AWARD FOR EXCELLENCE IN BROWNFIELD REDEVELOPMENT: - Winner: Canada Lands Company. Moncton Shops Project

The Awards Panel included some of Canada's most respected business and environmental leaders: Robert A. Fung, chairman of the Toronto Waterfront Revitalization Corporation; Patricia McCunn-Miller, former Vice President, Environment and Regulatory Affairs for EnCana Corporation; Ken Ogilvie, Executive Director of Pollution Probe, one of Canada's most distinguished environmental groups; and Dr. Michael Raymont, Vice-President, Technology and Industry Support, with the National Research Council of Canada.

The GLOBE Awards and Gala dinner capped off GLOBE 2004, which ran from March 31 to April 2, 2004 at the Vancouver Convention and Exhibition Centre. GLOBE is North America's most important environmental business summit, held biennially in Vancouver, Canada. For more information, visit www.globe2004.com. For more information about the Globe Awards, visit www.theglobeawards.ca.

About Carmanah
Carmanah is an award winning alternative energy manufacturer specializing in patented solar-powered LED lighting solutions for the marine, aviation, transit, roadway, railway and industrial worksite markets. The Company currently has more than 90,000 units installed in 110 countries. The shares of Carmanah Technologies Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol "CMH" and on the Berlin and Frankfurt Stock Exchanges under the symbol "QCX". For more information, please visit www.carmanah.com.

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