Offshore Wind Energy Innovators Initiate Strategic Partnership

BOSTON, MA, May 18 (MARKET WIRE) --
WindSim today announced that it has initiated a strategic partnership
with AXYS Technologies Inc. (NASDAQ: AXYS) aimed at helping wind
developers design more profitable offshore wind farms.

WindSim's wind farm design software will be bundled with every sale of
the recently launched AXYS WindSentinel(TM) offshore wind resource
assessment buoy. The complementary advanced technologies provide a
compelling combination of new offshore wind data collection techniques
with proven wind farm design and modeling tools.

The WindSentinel is an advanced offshore wind resource assessment buoy
capable of measuring wind at wind turbine hub height and beyond by using
a next generation laser wind sensor. This is the world's first wind
resource assessment buoy that uses solid state LIDAR as a modern
replacement for the often less accurate, more difficult to deploy, and
ultimately more expensive traditional approach of anemometers mounted on
fixed met masts.

WindSim currently employs powerful computational fluid dynamics (CFD)
techniques to identify and model wake effects and other atmospheric forces
to optimize turbine placement. The company now confirms that expanded
offshore-specific functionality is underway. Offshore wind farm developers
must consider these effects to achieve their goal of maximum annual energy
production (AEP).

"WindSim and WindSentinel are a clear fit," said Dennis Stacey,
international business development executive for renewable energy at AXYS
Technologies. "Our central goal is the same: to help our customers make
the best decisions possible when they design wind farms by delivering
solutions that use the latest advances in technologies."

"The high-fidelity data obtained with advanced wind data collection
technologies like LIDAR help make our models even more precise, more
meaningful, and more valuable," noted Robert D. Buckley, president of
WindSim AMERICAS. "Quality wind resource data plus our unrivaled CFD-based
modeling equals more profitable wind farms. We will continue to raise
awareness of that simple equation with partnerships like this and applaud
the impressive innovation in this space."

About WindSim

WindSim develops and delivers advanced software solutions and professional
services to help worldwide wind energy industry leaders design more
profitable wind farms. Founded in 1993, WindSim is privately-held and
venture-backed with offices in Norway and the United States. WindSim
complements its direct operations with a worldwide partner network that
services China, Italy, and Spain. Find out more at www.windsim.com.

About AXYS

AXYS Technologies Inc. (AXYS) is a global leader in the design,
manufacturing and maintenance of remote environmental data acquisition,
processing and telemetry systems. They have recently launched the
WindSentinel(TM), the world's first offshore wind resource assessment
buoy. It is capable of highly accurate wind measurements of up to 300
meters from a moving platform using a next generation solid state laser
wind sensor. WindSentinel targets the offshore wind farm and wind energy
markets globally. Find out more at www.axystechnologies.com

WindSim and the WindSim logo are trademarks of WindSim. All other
trademarks mentioned are the property of their respective owners.

MEDIA CONTACTS:

WindSim AMERICAS Inc.
Robert D. Buckley
President
+1 617 273 8481
Email Contact

AXYS Technologies Inc.
Dennis Stacey
International Business Development, Renewable Energy
+1 250 655 5861
Email Contact

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