Mr. Evan Brown reports

CARMANAH ACQUIRES INFORMATION DISPLAY COMPANY

Carmanah Technologies Corp. has completed an acquisition of Information Display Company.

Headquartered in Portland, Ore., IDC was established in 1993 and is one of the industry's most respected names in radar speed signs. IDC's portfolio of radar speed display signs is complementary to Carmanah Traffic's product lineup of traffic beacons. Over the coming months, Carmanah will focus on the integration of IDC with Carmanah Traffic. Management control of IDC will be effected by the management of Carmanah's traffic division, located in Victoria, Canada.

"The acquisition of IDC will enhance our traffic division's product portfolio, and provide a more complete product offering to both our distributors and end customers," said John Simmons, Carmanah chief executive officer. "This acquisition continues our growth strategy in the signals market."

The purchase price was $1.45-million (U.S.), subject to certain adjustments and holdbacks.

About Carmanah Technologies Corp.

Carmanah designs, develops and distributes a portfolio of products focused on energy-optimized LED (light-emitting diode) solutions for infrastructure. Since 1996, it 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.

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