Carmanah Technologies Corporation
Carmanah Technologies — Investor Presentation (May 2011)
48 slides from Carmanah Technologies's investor presentation, May 2011
Slide 1: Carmanah Technologies Corp.
Carmanah Technologies Corp. Energy-Efficient Lighting & Power Solutions May 2011 Ted Lattimore, CEO Roland Sartorius, CFO
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains forward-looking statements relating to expected future performance. Such statements are based on current views and assumptions that are subject to uncertainties which are difficult to predict, including expected operating results, successful alter
Slide 3: Safe Harbour Statement
Safe Harbour Statement Certain statements contained in this presentation are forward- looking statements that involve a number of risks and uncertainties. Such forward- looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securiti
Slide 4: Opportunities in Off-Grid Lighting
Opportunities in Off-Grid Lighting Carmanah has credibility and positioning in the $1 Billion outdoor area lighting market potential Profitable in Q1 Sales momentum in Q2 Setting the Standard for Solar / Off- grid Innovation and Performance 4
Slide 5: Carmanah Lighting and Solar Power Systems
Carmanah Lighting and Solar Power Systems Carmanah Technologies Corp. (TSX: CMH) Lighting Signaling Power Systems 20% 50% 30% ~$40M USD Sales Established +65 Forecast FY2011: Positive in 1996 Employees Net Income; EBIDTA Products: Lighting Systems and electronics Core Focus: Off-Grid LED Lighting Ef
Slide 6: Carmanah's Background
Carmanah’s Background • “Carmanah” “EverGEN” and “Go Power!” - Strong recognized brands, reliability and performance • Supplying government, private industry, select OEMs & hundreds of other customers – worldwide • Focus on North and South America • Partnerships and independent distributors • Outsou
Slide 7: Revenue Trend
Revenue Trend In 2009, the Company divested several non-strategic businesses to improve strategic focus and profitability. Steady growth is being realized. © 2011 Carmanah Technologies Corp. 7
Slide 8: Carmanah's Markets
Carmanah’s Markets Lighting Division • Illumination – solar powered outdoor area lighting • Solar powered Aviation, Marine and Traffic signaling Solar Power Systems Division • Grid-tie EPC installations in Canada • Mobile power solutions for recreational, work truck, and marine vehicles © 2011 Carma
Slide 9: Revenue by Market
Revenue by Market The Company estimates moderate to good growth from all market sectors in 2011 © 2011 Carmanah Technologies Corp. 9
Slide 10: Lighting: EverGEN Illumination Products
Lighting: “EverGEN” Illumination Products End Customers: • Lockheed Martin • Southern California Edison • Nuclear Generating Facilities • City of LA • Madison Gas & Electric Systems Lighting Electronics OEM & Relationships: • Semex • PTL • Discussions with OEMs 10
Slide 11: Carmanah's Customers - Sample
Carmanah’s Customers - Sample 11
Slide 12: Lighting: Our Key Differentiator EMS
Lighting: Our Key Differentiator EMS – Energy Management System • Turning solar off-grid energy into electricity and then into usable light - efficiently and effectively • The market leading Energy Management System Setting the Standard for Solar / Off-grid Innovation and Performance © 2011 Carmanah
Slide 13: EMS: Energy Management System
EMS: Energy Management System Energy Conversion Process Systems Lighting charge LED control driver Signals ENERGY MANAGEMENT SYSTEM (“EMS”) 13
Slide 14: Markets: Lighting Division
Markets Lighting Division • Aviation, Marine aids-to-navigation & Traffic beacon signals • Relatively mature markets with growth through distribution and industry partnerships • ADB – Aviation • SABIK - Marine • Outdoor general illumination lighting • $1 Billion market potential © 2011 Carmanah Tech
Slide 15: On-Grid LED Lighting Adoption
On-Grid LED Lighting Adoption On-Grid LED Lighting Adoption Early Early Late Innovators Laggards Adopters Majority Majority Today: ~$75B 2020: >$100B 2015: On-Grid LED Lighting will be mainstream 15
Slide 16: Off-Grid LED Lighting Adoption
Off-Grid LED Lighting Adoption LED Lighting Off-Grid LED Adoption Lighting Adoption Early Early Late Innovators Laggards Adopters Majority Majority 2005 2010 2015 2020 2025 Grid LED Lighting Today: <$100M 2020: >$1B Off-Grid LED Lighting will lag On-Grid LED lighting by 3yrs 16
Slide 17: $1 Billion - Solar Lighting Market Size
$1 Billion - Solar Lighting Market Size • Philips estimates the 2012 global outdoor solar market size to be in excess of $1Billion (ref., Philips, Off-Grid Outdoor Lighting Q&A; Philips website, 2011) • Carmanah’s opportunity is as a solar powered outdoor area lighting supplier (EverGEN) and as an O
Slide 18: Current and Potential Routes to Market
Current and Potential Routes to Market Lighting Electronics Lighting OEMs Systems Lighting EMS Signalling End Customers 18
Slide 19: Why Off-grid Solar Powered Lighting?
Why Off-grid Solar Powered Lighting? Cost savings: no trenching no surveys no permits no traffic disruption Accommodates logistical challenges: remote locations delicate environments difficult terrain archaeological sensitivities Addresses Environmental initiatives: government funding green mandates
Slide 20: EverGEN 1500 Spokane, WA
EverGEN 1500 Spokane, WA €}> carmanah’ we put solar to work 20
Slide 21: EverGEN 30 Santiago, Chile
EverGEN 30 Santiago, Chile 21
Slide 22: EverGEN 1700 Madison, WI
EverGEN 1700 Madison, WI © carmanah’ we put solar to work
Slide 23: EverGEN 1710 Venezuela
e EverGEN 1710 Venezuela €> carmanah’ we put solar to work A, 23
Slide 24: EG300, Mexico City, Mexico
EG300, Mexico City, Mexico 24
Slide 25: Off-Grid LED Signals Products
Off-Grid LED Signals Products End Customers: Partner & OEM • US, foreign defense Relationships: • SABIK (Marine) • Coast guards • ADB (Aviation) • Oil/Petroleum • Private label OEM • Mines • DOTs © 2011 Carmanah Technologies Corp. 25
Slide 26: Lighting: Aviation Signals Product Suite
Lighting: Aviation Signals Product Suite A650 A702 Series A704-5 ERGL SLASL Solar LED Windsock 26
Slide 27: Aviation Signals Product Suite
Aviation Signals Product Suite Worldwide partnership with ADB Airfield Solutions Solar LED airfield lighting solutions for permanent or temporary installation: Commercial, Private, Defense/tactical/expedited Applications: • Taxiway/runway • Helipad • Threshold/Apron • Hazard/obstruction/perimeter ma
Slide 28: A704-5 Undisclosed Airfield, Turkey
A704-5 Undisclosed Airfield, Turkey 28
Slide 29: Lighting: Marine Signals Product Suite
Lighting: Marine Signals Product Suite M702-5 M704-5 M708 Sabik LED 155 Sabik SC 155 M650 M701-5 M502 Sabik SC 110 Sabik LED 350 29
Slide 30: Marine Signals Product Suite
Marine Signals Product Suite The Carmanah - SABIK Partnership delivers total marine lighting solutions from 1-18 nautical miles - unmatched and unprecedented in the maritime world: • Energy-efficient solar LED and LED solutions • Industry-leading, innovative technologies Applications: • Fixed and fl
Slide 31: M701-5 Madeira, Spain
e M701-5 Madeira, Spain carmanah’ we put solar to work Z. 31
Slide 32: M704 US Coast Guard, New York
M704 US Coast Guard, New York 32
Slide 33: R820 West Sacramento, California
R820 West Sacramento, California 33
Slide 34: Markets: Solar Power Systems Division
Markets Solar Power Systems Division • Grid-tie industry in Canada • Mobile power recreational vehicle, work truck, and marine solutions © 2011 Carmanah Technologies Corp. 34
Slide 35: Solar Power Systems: Grid Tie Revenue Growth with Ontario FIT
Solar Power Systems: Grid Tie Revenue growth with the Ontario Feed-In-Tariff Program “FIT” highlights: - Launched late 2009 - Substantially increase the amount of energy produced by renewable energy sources - Ontario job creation platform through domestic content requirements - Significant number of
Slide 36: Solar Grid Tie - Canada
Solar Grid Tie - Canada Carmanah is Canada’s most trusted name in grid-tied photovoltaic projects and is recognized as the EPC industry leader • Carmanah has designed and installed off-Grid and Grid Tie systems in Canada since 1986 • Completed more commercial roof top PV systems in Canada than any o
Slide 37: Solar Grid Tie - Canada
Solar Grid Tie - Canada Carmanah has delivered turn-key commercial grid-tied systems to: - Government Institutions - Universities - Schools Districts - Private Organizations - Housing Improvement Projects Value of commercial grid-tied systems - low risk investment with guaranteed return - profession
Slide 38: 34 kW Solar Grid Tie System, Ontario
34 kW Solar Grid Tie System, Ontario, Canada Dr. David Suzuki Public School 38
Slide 39: 11 kW Solar Grid Tie System, Alberta
11 kW Solar Grid Tie System, Alberta, Canada Enmax Corporation 39
Slide 40: BC Housing – Greenbrook Improvement Project
139 kW Solar Grid Tie System, BC, Canada BC Housing – Greenbrook Improvement Project 40
Slide 41: Jean Canfield – Public Works & Government Services
108 kW Solar Grid Tie System, PEI, Canada Jean Canfield – Public Works & Government Services 41
Slide 42: 250 kW Solar Grid Tie System, Town of Markham
250 kW Solar Grid Tie System, ON, Canada Town of Markham 42
Slide 43: Mobile Power Systems
Mobile Power Systems • Marketed under the Go Power! Brand • Go Power! is the premier source for mobile AC and DC power solutions • Recognized as the market leader in offering a complete line of durable, lightweight, versatile products. • Go Power! Value add: - Complete turn-key power solutions - Ret
Slide 44: Mobile Solar Product Suite
Mobile Solar Product Suite Solar Charging Kits DURAlite Expansion Kit 10W – 125W 5W – 20W 50W – 125W Complete Solar & Inverter Kit Solar Regulator AGM Battery 125W – 250W © 2011 Carmanah Technologies Corp. 44
Slide 45: Go Power! Mobile Solar Kit Product Suite
Solar Power Systems: “Go Power!” Mobile Solar Kit Product Suite Solar charging kits for Mobile and off-grid applications • Recreation vehicles • Fleet Vehicles • Marine © 2011 Carmanah Technologies Corp. 45
Slide 46: Go Power! Mobile Utility/Fleet Power System
Go Power! Mobile Utility/Fleet Power System 46
Slide 47: Invest in Carmanah?
Invest in Carmanah? • “Carmanah” and “EverGEN” • Leadership and growth in off-grid lighting and signaling • Industry leading EMS energy management technology • Customer focused portfolio • Partnerships and multiple routes to market • Relevant IP portfolio • “Carmanah” Canada’s largest solar grid tie
Slide 48: Thank You
Thank You Setting the Standard for Solar / Off-grid Innovation and Performance © 2011 Carmanah Technologies Corp. 48
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