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Press release from Filing Services Canada

Carmanah/Lightech Settlement Ratified by Israeli Courts

Thursday, September 22, 2011

Carmanah/Lightech Settlement Ratified by Israeli Courts09:00 EDT Thursday, September 22, 2011FSC / Press ReleaseCarmanah/Lightech Settlement Ratified by Israeli CourtsVictoria, British Columbia CANADA, September 22, 2011 /FSC/ - Carmanah Technologies Corporation (CMH - TSX), announced today that the settlement agreement to end the $6.0 million Lightech lawsuit relating to the 2010 terminated merger agreement between Lightech and Carmanah has been ratified by the Israeli courts and accordingly the settlement is now final. About Carmanah Technologies CorporationAs one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH". For more information, visit www.carmanah.com. For further information:Investors: Investor Relations: Roland Sartorius, CFO Toll-Free: 1.877.722.8877investors@carmanah.comMedia: Public Relations: David Davies Tel: +1.250.382.4332ddavies@carmanah.comThis 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 to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties. 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. Accordingly, readers should not place undue reliance on forward-looking statements. Carmanah does not assume any obligation to update the forward-looking information contained in this press release. To view this release as a web page, please click on the following link:http://www.usetdas.com/pr/carmanah09222011.htmWe put solar to work(tm)Building 4, 203 Harbour Road, Victoria, BC, Canada, V9A 3S2 Telephone +1.250.380.0052 Toll Free 1.877.722.8877 Fax +1.250.380.0062 E-mail: investors@carmanah.comSource: Carmanah Technologies Corporation (CMH - TSX) http://www.carmanah.com Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com