CTW accelerates commercialization of Vindicator® LWS

Teams with leading energy consulting firm to jointly develop integration capabilities for retrofit turbine market opportunities

Catch the Wind Ltd. (TSX-V: CTW.S), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other laser sensors, announced today that it has signed a technology development agreement with DNV Global Energy Concepts Inc. (DNV-GEC), a multi-discipline engineering and technology consulting firm specializing in the analysis, design, testing, and management of wind energy systems. DNV-GES will work with Catch the Wind to develop capabilities to integrate the Vindicator® LWS with the control system of an operating turbine.

“Developing integration capabilities for the Vindicator is consistent with our strategy to address the industry’s need to extend the lifecycle of the current installed base of turbines while optimizing their performance,” said Phil Rogers, President and CEO of Catch the Wind. “Through the results of our integration project, Catch the Wind will be able to capitalize on significant retrofit market opportunities.”

Catch the Wind and DNV-GEC will specifically focus their efforts on integrating the Vindicator® LWS with an out of warranty 1.65 mega-watt turbine currently in use by Nebraska Public Power District (NPPD). The integration project will support Catch the Wind’s trial program with the NPPD. As previously announced, the Vindicator® LWS will be used by the NPPD to evaluate how the forward measurement of wind speed and direction can reduce the off-axis stress load of wind on wind turbines.

Catch the Wind’s integration project with DNV-GEC, which will include development, design and testing activities, will produce a scalable framework that can be reused for other retrofit opportunities.

Forward-Looking Information
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of Catch the Wind. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Catch the Wind believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Catch the Wind disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Catch the Wind Ltd.
Claudia Jaques
Vice President and General Counsel
703 393 0754
cjaques@catchthewindinc.com

The Equicom Group
Joe Racanelli
416 815 0700 ext. 243
jracanelli@equicomgroup.com