CTW Delivers Vindicator® Laser Wind Sensor to AXYS Technologies
Catch the Wind Ltd. (TSX-V: CTW) announced today delivery of a Vindicator® laser wind sensor (LWS) unit for commercial use to AXYS Technologies, a provider of environmental data acquisition, processing and telemetry systems for marine and terrestrial applications.
As previously reported, AXYS will install the Vindicator® LWS on one of its data collection buoys to determine the viability of wind energy production in off-shore environments through the accurate measurement of wind speed and direction.
“Today’s announcement is the latest in a series of milestones that we have reached over the past several months,” said Phil Rogers, President and CEO, Catch the Wind Ltd. “Based on our current field trials, ongoing sales activities and the encouraging feedback on our technology from various members of the wind energy sector, we expect continued progress in the months ahead.”
About AXYS Technologies
AXYS Technologies Inc. designs, manufactures, distributes and maintains remote environmental data acquisition, processing and telemetry systems. For further information contact AXYS at: info@axys.com.
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