press releases

Cleantech Venture Forum V attendees select carmanah technologies, inc as the most promising presenter award winner

 

Carmanah Technologies Inc. Chosen as the Most Promising Investment Prospect at the Industry’s Premier International Clean Technology Venture and Networking Event

  • TORONTO, CANADA, NOVEMBER 10, 2004 – Last week at Cleantech Venture Forum
  • V, the premier networking and deal-flow venue for the clean technology community, Carmanah
  • Technologies Inc. was selected as the recipient of the Forum’s “Most Promising Presenter
  • Award.” The honor is given to the company that represents the greatest venture investment
  • opportunity at the Forum - as voted by more than 250 Forum attendees.
  •  
  • “At the conclusion of another successful Cleantech Venture Forum we continue to be thrilled by
  • the high level of creativity and sophistication shown by all of the companies who presented at the
  • event,” said Keith Raab, co-founder and CEO of Cleantech Venture Network. “The attendees of
  • Cleantech Venture Forum V selected Carmanah Technologies Inc. as the event’s standout
  • prospect from an extraordinary field of contestants. On behalf of all our Forum attendees and
  • Cleantech Venture Network, I congratulate Carmanah Technologies, Inc. on their selection and
  • wish them future success.”
  •  
  • About Carmanah Technologies Inc.
  • Carmanah is an award-winning manufacturer of proprietary LED lighting products for the transit,
  • marine, aviation, roadway, and industrial worksite markets. The Company has in excess of
  • 100,000 installations in 110 countries. The shares of Carmanah Technologies Corporation (parent
  • company) are publicly traded on the TSX Venture Exchange under the symbol “CMH” and on
  • the Berlin and Frankfurt Stock Exchanges under the symbol “QCX”. For more information, visit
  •  
  • About Cleantech Venture Forum Series
  • Cleantech Venture Forum is held twice annually, once on both the East and West Coasts, and in
  • 2005 will expand to Europe. During the Forum, attendees hear presentations from companies in
  • the clean technology industry, participate in meetings with key investors including business
  • angels, venture capitalists, fund managers, investment bankers and corporations, and take
  • advantage of leading-edge information and research on investment opportunities from leading
  • thinkers on clean technology innovations and trends. Cleantech Venture Forum V took place in
  • Toronto, Canada, from October 25 to 27. Global Environment Fund was the premier sponsor.
  • Lead sponsors included EnerTech Capital, Heller Ehrman White & McAuliffe LLP, NGEN
  • Partners, and Odyssey Venture Partners. The keynote speakers at Cleantech Venture Forum V
  • were Gordon M. Nixon, president and CEO of the RBC Financial Group; Ira Ehrenpreis, General
  • Partner, Technology Partners; and Mossadiq Umedaly, Chairman, Xantrex Technology Inc.
  •  
  • About the Cleantech Venture Network
  • The Cleantech Venture Network (Cleantech) is a grouping of member investors managing over
  • $3 billion in cleantech venture assets. The company believes “clean technologies” – from solar
  • energy to water purification – are the next and necessary wave of venture investing. Cleantech
  • introduces promising young companies to investors and investors to quality deal flow. The
  • company has developed a community of money managers, business executives, professional
  • advisors, and other stakeholders active in the clean technology venture arena. Cleantech
  • organizes venture forums, provides deal flow, publishes a quarterly venture monitor and offers
  • related services to investors and entrepreneurs. Cleantech benefits from the expertise and counsel
  • of an advisory board comprised of representatives from 20 leading venture capital and service
  • provider firms specializing in clean technology. More about the company can be found at
  • www.cleantechventure.com or by calling 517-223-9607.
  •  
  • Cleantech Venture Network invites companies and investors engaged in commercializing or
  • investing in clean technologies to apply for membership as a Company or Investor. For details,
  • contact Lauren Bigelow at lauren@cleantechventure.com.