Carmanah Technologies Corporation (TSX: CMH) announced today that its Board of Directors has unanimously approved the implementation of a succession plan that will ensure strong leadership and continuity as the Company moves to the next stage in its development.  Art Aylesworth, who has served as Chief Executive Officer since 2000, has accepted the appointment as Chairman of the Board, to take effect as soon as a new Chief Executive Officer is hired. Carmanah has engaged the leading executive search firm KornFerry International to identify and recruit a new Chief Executive Officer to lead the Company in the execution of its Strategic Plan. Carmanah has also recently hired a Chief Operating Officer, Mr. Philippe Favreau, and expects to announce a new Chief Financial Officer in the coming weeks as part of the development of its executive leadership team.  “I have made the decision to step down as CEO of Carmanah and allow another set of skills to take the reigns and drive the Company to its full potential.  Carmanah has reached a size where very specific business experience on a global scale is required to capitalize on the position we have created, and with the opportunities currently in front of us the time is now.  That said, I am looking forward to the Chairman role, where the Company will continue to leverage my knowledge of the solar and LED spaces and use my core skills to add value in new ways.” states Art Aylesworth.  “Art Aylesworth has been tireless in his efforts to build Carmanah over the past seven years and he possesses a thorough understanding of our business, our strategy, and our potential.” states Dr. David Green. ” He is an inspirational leader, and the ideal candidate to succeed me as Chairman of the Board.”  Mr. Aylesworth will continue as Chief Executive Officer and Dr. Green will continue as Chairman until a new Chief Executive Officer is hired. Beyond that, Dr. Green will remain on the Carmanah board as an independent director.