2013-10-10

Carmanah Announces Launch of $6 Million Rights Offering

Carmanah Technologies Corporation announced that it has filed a final prospectus in respect of a shareholder rights offering (the “Offering”). Under the Offering, Carmanah will seek to raise up to approximately $6 million. The proceeds from the Offering will be used for general corporate purposes including, but not limited to: (1) funding restructuring costs and process improvement expenditures all of which will be directed at reducing operating costs; (2) investments in new product development activities to meet market demands and improve gross margins; (3) funding a...
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Stanley Electric Co., Ltd. (Head Office: 2-9-13 Nakameguro, Meguro-ku, Tokyo; President and CEO: Yasuaki Kaizumi) has significantly improved the emission efficiency of its UV-C LEDs at a wavelength of 265nm—widely recognized as the most ... READ MORE

Nichia, the world's largest LED / Laser Diode manufacturer and inventor of the high-brightness blue and white LEDs, has confirmed a reduction in product waste and an increase in sales through a pilot test conducted in a retail garden cente... READ MORE