Carmanah Technologies Corporation 2004 annual report

British Columbia-based Carmanah Technologies is a world leader in the design, manufacture and supply of patented solar-powered light emitting diode (LED) lighting solutions. As a leading alternative energy manufacturer, it was the first company to integrate LEDs with solar chargers and battery power storage. Carmanah products have high-end assembly, minimal size, maximized performance and field-proven reliability. The products have been used in public transit applications, roadway lighting, and for general aviation lighting solutions. In 2004, their products saved the equivalent of 6,705 metric tonnes of carbon dioxide. This annual report includes information on the company's net earnings and investor profiles. The company has large markets for its products with little competition. It has a strong management team and its funding places it in a position to capitalize on current and emerging technologies. The company's energy resource activities were described and an operations review was presented along with consolidated financial statements and common share information such as assets, liabilities, revenues, expenses and cash flows. Revenue and expenditure statements were summarized by source. tabs., figs