Carmanah’s Go Power! Group Starts 2013 with a Strong Canadian Booking Program Performance, Worth $875,000 CAD

  Carmanah’s Go Power! Group Starts 2013 with a Strong Canadian Booking
  Program Performance, Worth $875,000 CAD

Business Wire

VICTORIA, British Columbia -- March 21, 2013

Carmanah Technologies (TSX:CMH) announced the successful results of the annual
Canadian Booking Program from the company’s proprietary Go Power! brand. The
popular sales campaign, now in its eleventh year, reported sales of more than
$875,000 CAD of the Go Power! product line for the RV market. This represents
a 23% performance increase from the 2012 program.

Carmanah’s Go Power! group produces and distributes solar charging kits and
power inverters for the Canadian RV market and continues to show strong
year-on-year growth in 2013. In 2012, the company turned in a record setting
$711,000 CAD of orders by their Canadian dealer network through the Booking
Program. The recreational vehicle network grew again in 2013 and pre-orders
increased by 23%. Much of the program’s success is attributed to the release
of new solar products, including the largest single 12 volt solar kit
currently available on the market, and two folding Portable Solar Kits, 
recently featured on Vancouver’s Breakfast TV.

“Our team provides dealers and consumers with relevant solar and inverter
systems at competitive prices. The demand for our products continues to grow,
and this translates into excellent sales and service opportunities for our
dealers,” explains Bruce Cousins, Carmanah CEO.

The new solar product line will be available for both the Canadian and
American RV market in time for the spring/summer buying season. For more
information, please contact Mike Stephens, Managing Director of Carmanah’s Go
Power! group, atmstephens@carmanah.com, or visit Carmanah’s Go Power! team at
the Recreation Vehicle Dealers Association Learning Weekend on May 24^th.

About Carmanah Technologies Corporation (TSX: CMH)

Carmanah Technologies is a world leading manufacturer of solar-based
technologies designed for industrial and commercial applications worldwide.
Market-driven to deliver reliable and dependable solar LED light and power
system solutions, Carmanah’s trusted expertise in energy management, LED
optics and controls is leveraged across the Company’s six business groups.The
Company’s proprietary brand, Go Power! is a leader in the mobile, solar power
industry with more than 15 years of experience in the RV and fleet truck
market. Go Power! by Carmanah is one of North America’s most popular and
recognized brands in solar power for both recreational and industrial use.
Products include solar charging kits, pure and modified sine wave inverters
and solar power accessories.Carmanah is a publicly traded company, with
common shares listed on the Toronto Stock Exchange under the symbol "CMH”. For
more information, visitwww.carmanah.com.

For further information:

Investors:
                                           Media:
Investor Relations: Roland Sartorius,
CFO                                        Public Relations: Natasha Bartlett
                                         
Toll-Free: 1.877.722.8877                  Tel: +1.250.412.8315

                                          nbartlett@carmanah.com

investors@carmanah.com

This news release contains “forward-looking statements” or “forward-looking
information” within the meaning of applicable securities laws (collectively,
“forward-looking statements”). Forward-looking statements are generally
identifiable by use of the words “believes,” “may,” “plans,” “will,”
“anticipates,” “intends,” “budgets,” “could,” “estimates,” “expects,”
“forecasts,” “projects” and similar expressions, and the negative of such
expressions. Forward-looking statements in this news release include
statements about the series of sales to the Canadian RV Dealers; completion of
the Go Power! Booking Program orders; and Carmanah’s strategy, future
operations, prospects and the plans of management.

With respect to the forward-looking statements contained in this news release,
Carmanah has made numerous assumptions regarding, among other things, the
series of sales to the Canadian RV Dealers and completion of the Go Power!
Booking Program orders. While Carmanah considers these assumptions to be
reasonable, these assumptions are inherently subject to significant business,
economic, competitive, market and social uncertainties and contingencies.

Additionally, there are known and unknown risk factors which could cause
Carmanah’s actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the forward-looking statements contained herein. Known risk factors
include, among others: the transactions contemplated in the Booking Program
order may not be completed as currently anticipated, or at all; the series of
sales to the Canadian RV Dealers; completion of the Go Power! Booking Program
orders; and general risks related to the competitive environment, competition
with other energy sources, technological changes; ability to manage expansion
effectively, foreign exchange, reliance on third party manufacturers, reliance
on outside agents and distributors, reliance on key employees, intellectual
property risks, environmental and regulatory compliance, government contracts
and subsidies, product quality and reliability and warranty liability risk,
downturn in economic and market conditions, liquidity and capital
requirements, litigation risk, potential reorganization of operations or
product offerings, and geopolitical and other global or local events. A more
complete discussion of the risks and uncertainties facing Carmanah appears in
Carmanah’s most recently filed Annual Information Form, Annual MD&A, and other
continuous disclosure filings which are available on SEDAR
atwww.sedar.comand on the Company’s website atCarmanah disclaims any
obligation to revise or update any such forward-looking statements or to
publicly announce the result of any revisions to any of the forward-looking
statements contained herein to reflect future results, events or developments,
except as required by law.

Contact:

Carmanah Technologies
Investors:
Roland Sartorius, 1.877.722.8877
CFO, Investor Relations
investors@carmanah.com
or
Media:
Natasha Bartlett, +1.250.412.8315
Public Relations
nbartlett@carmanah.com
 
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