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Marketwired
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Carmanah Technologies Announces Results of Annual General Meeting

Finanznachrichten News

VICTORIA, BRITISH COLUMBIA -- (Marketwired) -- 05/10/16 -- Carmanah Technologies Corporation (TSX: CMH) ("Carmanah" or the "Company") today announced the voting results from its annual general meeting held on May 6, 2016. The shareholders voted on and approved the election of the directors of the Corporation and the reappointment of Deloitte LLP as auditors of the Corporation.

The voting results were as follows:

Votes For         Votes Withheld
Nominee                                      #       %            #       %
Election of Directors
John Simmons                        16,465,884    93.6%   1,120,577     6.4%
Michael Sonnenfeldt                 16,033,850    91.2%   1,552,661     8.8%
Terry Holland                       16,008,124    91.0%   1,578,337     9.0%
James Meekison                      17,560,260    99.9%      26,201     0.1%
Sara Elford                         17,560,315    99.9%      26,146     0.1%

Appointment of auditors             17,880,356   100.0%         154     0.0%

About Carmanah Technologies Corporation

Headquartered in Victoria, British Columbia, Carmanah produces a portfolio of products focused on energy optimized LED and solar technologies. We design, develop and distribute energy efficient LED solutions for infrastructure including: signaling systems for the marine aids to navigation, airfield ground lighting, offshore wind marking, aviation obstruction and traffic markets. Carmanah's product portfolio also includes industrial and commercial solar powered outdoor LED lighting systems, and solar on and off-grid power generation systems. Since 1996, we have earned a global reputation for delivering strong and effective products for industrial applications that perform reliably in some of the world's harshest environments. Our LED and solar power systems provide durable, dependable, efficient and cost-effective solutions which have been deployed in over 400,000 installations in 110 countries. The Carmanah brand portfolio includes Go Power! and recently acquired companies, Sol and Sabik.

This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Carmanah or Sabik to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such factors include, but are not limited to: our ability to become a worldwide leader in the marine aids to navigation industry, the potential growth of the off shore wind safety market or our ability to participate in any growth and other general uncertainties that may impact actual outcomes. These forward-looking statements are based on management's current expectations and beliefs but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. Carmanah disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.

For additional information on these risks and uncertainties, see Carmanah's most recently filed Annual Information Form (AIF) and Annual MD&A, which are available on SEDAR at www.sedar.com and on the Company's website at www.carmanah.com. The risk factors identified in Carmanah's AIF and MD&A are not intended to represent a complete list of factors that could affect Carmanah.

Contacts:
Carmanah Technologies Corporation
Evan Brown
Chief Financial Officer/Corporate Secretary
(250) 380-0052
(250) 380-0062 (FAX)
investors@carmanah.com
www.carmanah.com

© 2016 Marketwired
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