CTW Announces Granting of Options

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other sensor products, announced that its Board of Directors has approved the grant of incentive stock options to senior officers and a director of the Company to purchase an aggregate total of 500,000 common shares of the Company.

The options are exercisable over a five-year period at a price of CDN $1.50 each, representing the closing price of Catch the Wind’s common shares on July 15, 2009 on the TSX Venture Exchange, the date preceding the date of grant. The options will begin to vest on July 16, 2010 and expire July 16, 2014. All of the options are conditional upon the receipt of all necessary regulatory and stock exchange approvals.

There are now a total of 2.05 million options to purchase common shares of Catch the Wind outstanding under the Company’s stock option plan. The Company currently has a total of 54,789,784 outstanding shares of which 10%, or 5.48 million, is reserved for the issuance of options.

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