Mr. John Simmons reports

CARMANAH TECHNOLOGIES ANNOUNCES THE APPOINTMENT OF EVAN BROWN AS CFO

Evan Brown will join Carmanah Technologies Corp. as chief financial officer and corporate secretary.

Over the past 15 years, Mr. Brown has held senior financial positions both in Canada and internationally. Mr. Brown, originally from Victoria, B.C., obtained his chartered accountant designation in British Columbia and, early in his career, was part of Deloitte's audit team in Bermuda. In 2005 he joined Goldman Sachs in Grand Cayman, where he remained until 2011 when he took a position with York Capital in New York. In 2012 Mr. Brown returned to Canada and most recently was vice-president with State Street, where he managed a group of financial professionals providing hedge fund accounting and administrative services.

"I am delighted that Evan will join Carmanah," said John Simmons, chief executive officer. "We have plans to significantly grow Carmanah organically and by way of strategic acquisition. Evan's broad experience and obvious capability as a senior financial professional will most certainly contribute to our ability to engage these growth plans in a prudent manner."

Mr. Brown and his family will relocate to Victoria imminently. His appointment is effective April 1, 2015.

Carmanah's current chief financial officer, Stuart Williams, will remain with the company as corporate controller.

"Stuart Williams stepped into the CFO role at my request during a very difficult period in Carmanah's history," said Mr. Simmons. "Through this period, Stu has worked tirelessly and has been a significant contributor to the turnaround that is happening at Carmanah. I am delighted that he will remain with the company and be part of our future growth plans."

We seek Safe Harbor.