Mr. Evan Brown reports

CARMANAH ANNOUNCES RELEASE DATE FOR FOURTH QUARTER 2016 FINANCIAL RESULTS AND CONFERENCE CALL

Carmanah Technologies Corp. will release its fourth quarter 2016 financial results on Monday, March 20, 2017, after market close. Carmanah has scheduled a conference call for analysts at 6 a.m. PST (9 a.m. ET) on Tuesday, March 21, 2017. To access, dial 1-866-229-4144 (Canada toll-free) or 1-888-424-8151 (United States toll-free) approximately five to 10 minutes prior to start time. When prompted for the participant PIN code, enter 7928618 followed by the pound key. A current list of local and international telephone numbers is available on-line.

A recording of the conference call will also be available on Carmanah's corporate website within three business days of the call. For more information, visit the company's website or telephone 1-877-722-8877 (toll-free in the United States and Canada).

About Carmanah Technologies Corp.

Carmanah designs, develops and distributes a portfolio of products focused on energy-optimized LED solutions for infrastructure. Since 1996, the company has earned a global reputation for delivering durable, dependable, efficient and cost-effective solutions for industrial applications that perform in some of the world's harshest environments. It manages its business within three reportable segments: signals, illumination and power.

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