The Board of Directors of Carmanah Technologies Corporation Announces the Appointment of John Simmons as President and CEO
The Board of Directors of Carmanah Technologies Corporation (TSX: CMH)
announces the appointment of John Simmons as President and CEO.
Mr. Simmons brings considerable public company leadership experience to
his new role. In his early career Mr. Simmons founded 3 companies each
of which grew from start-up to become TSX listed. Following the sale of
the controlling interest in the last of these companies Mr. Simmons
founded a venture capital investment company which, over a 10 year
period, invested in start-up and early stage companies including Aspreva
Pharmaceuticals, Protox Therapeutics (now Sophiris Bio Inc.) and Contigo
Systems. Most recently Mr. Simmons has focused on turnaround situations
including CEO of TSX listed Bridges Transitions Inc. from 2000 until its
sale in 2006 and more recently as CEO of Integrated Paving Concepts Inc.
a former TSX listed company that was privatized and successfully
divested by way of 3 transactions between 2011 and 2013.
Mr. Simmons’ appointment is effective August 1, 2013.
About Carmanah Technologies Corporation
As one of
the most trusted names in solar technology, Carmanah has earned a
reputation for delivering strong and effective products for
transportation 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 carmanah.com.
For further information:
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 in this news release include statements about
the delivery of strong and effective products for transportation
applications worldwide, and the performance of such products.
With respect to the forward-looking statements contained in this news
release, Carmanah has made numerous assumptions, including assumptions
regarding Carmanah’s ability to continue delivery of its products. 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: Carmanah’s ability to continue delivery of its products,
and the standard of quality of such products, may be negatively affected
by numerous risk factors and uncertainties, as disclosed in Carmanah’s
most recently filed Annual Information Form, Annual MD&A, and other
continuous disclosure filings which are available on SEDAR at www.sedar.com.
Carmanah 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
Copyright Business Wire 2013