News

CTW Signs Exclusive Licensing Agreement With AXYS Technologies With Minimum Purchase Commitment of 47 Vindicator LWS Units

Sep 01, 2010

Catch the Wind Ltd. (TSX-V: CTW) announced today that it has granted AXYS Technologies an exclusive license to combine and integrate the Vindicator® Laser Wind Sensor with custom AXYS marine floating platforms, and sell the bundled products worldwide. The exclusive license expands on a previously announced agreement signed by both companies.

Catch the Wind Reports Second Quarter 2010 Financial Results

Aug 19, 2010

Quarter marked by start of commercialization phase of operations, corporate re-domestication and capital raise

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® Laser Wind Sensor (LWS) and other wind sensor products, today reported its financial results for the three- and six-month periods ended June 30, 2010. All figures are in U.S. dollars unless otherwise stated.

“Our second quarter was marked by a number of significant milestones that further demonstrate our progress as a public company and the commercial potential of our Vindicator® LWS,” said Phil Rogers, President and CEO of Catch the Wind, Inc.

Catch the Wind Signs Agreement with AWS Convergence Technologies

Aug 19, 2010

WeatherBug® Professional to test wind measurement capabilities of Vindicator® LWS

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensor products, announced today that it has signed a six-month evaluation agreement with AWS Convergence Technologies, owner and operator of the WeatherBug brand of professional and consumer weather products and services.

Through its WeatherBug® Professional division, AWS will install a Vindicator® LWS unit at a to be determined location to test its capabilities for wind speed measurement and wind profiling.

Catch the Wind Appoints Christopher Lowe to Its Board of Directors

Aug 18, 2010

Catch the Wind Ltd. (TSX-V: CTW) (the “Company” or “Catch the Wind”), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensor products, announced today that it has appointed Christopher Lowe, a senior financial executive with more than 17 years of experience in the investment banking and energy sectors, as an independent director of the Company. Mr. Lowe will serve as the Chair of the Company’s Audit Committee and will also serve on its Governance and Compensation Committee.

CTW to Hold Second Quarter 2010 Results Conference Call on August 20

Aug 13, 2010

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensor products, announced today that it will hold a conference call to discuss its 2010 second quarter and year-to-date financial results on Friday, August 20, 2010 at 3:00 p.m. ET. The company is expected to report its financial results on August 19 after markets close.

Catch the Wind Signs Agreement with enXco

Jul 20, 2010

Catch the Wind Ltd. (TSX-V: CTW), providers of feed-forward, intelligent turbine performance improvement systems that deliver increased energy output and reduced equipment stress loads for utility scale wind turbine generators, announced today that it has sold one Vindicator® laser wind sensor (LWS) unit to enXco, an EDF Energies Nouvelles Company (PARIS: EEN). The sales agreement provides for the purchase of additional units upon successful performance.

CTW Signs Agreement with GL Renewables Certification to Certify Safety and Performance of Laser Wind Sensor

Jul 12, 2010

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensing products, announced today that it has signed an agreement with GL Renewables Certification (GL), an independent certification body for renewable energies.

Catch the Wind Signs Sales Agreement With BP Wind Energy

Jun 28, 2010

Catch the Wind Ltd. (TSX-V: CTW), providers of feed-forward, intelligent turbine performance improvement systems that deliver increased energy output and reduced equipment stress loads for utility scale wind turbine generators, announced today that it has sold two Vindicator® laser wind sensor (LWS) units to BP Wind Energy. Upon the successful installation and testing of the units, BP Wind Energy has agreed to purchase sizeable quantities of additional units.

CTW Completes Corporate Re-Domestication to Cayman Islands and Removes ".S" Designation

Jun 25, 2010

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other wind sensing products, announced today that it has completed its corporate re-domestication to the Cayman Islands for the purpose of achieving greater flexibility in potential future financings. In connection therewith, the “.s” designation on the Company’s existing trading symbol will be removed. As of the opening of trading on June 28, 2010, the Company’s trading symbol on the TSX Venture Exchange will be “CTW” and the Company’s common shares will trade under a new CUSIP number. The re-domestication was not completed for any tax-related reasons.

CTW Reports First Quarter 2010 Financial Results

May 13, 2010

Catch the Wind Ltd. (TSX-V: CTW), developer and manufacturer of the Vindicator® laser wind sensor (LWS) and other sensor products, today reported its financial results for the three-month period ended March 31, 2010. All figures are in U.S. dollars unless otherwise stated.

“Our first quarter efforts were concentrated on solidifying the foundation of the Company for accelerated growth, primarily for the commercialization of our laser-wind sensing technology,” said Phil Rogers, President and CEO of Catch the Wind.