Catch the Wind Laser Wind Sensor deployed by AXYS Technologies on world's first offshore wind resource assessment buoy

Catch the Wind Laser Wind Sensor deployed by AXYS Technologies on world's
first offshore wind resource assessment buoy

Commercial launch expected following validation testing

MANASSAS, VA, Nov. 2 /PRNewswire-FirstCall/ - Catch the Wind Ltd. (TSX-V:
CTW.S) announced today that its Vindicator(R) Laser Wind Sensor (LWS) has been
deployed by AXYS Technologies as part of validation testing of the
WindSentinel(TM), the world's first offshore wind assessment buoy. Commercial
launch of the WindSentinel(TM), which combines an AXYS floating platform with
a Vindicator(R) LWS, is expected once testing is successfully completed.
"The burgeoning offshore wind energy market provides us with tremendous growth
opportunities," said Phil Rogers, President and CEO of Catch the Wind, Inc.
"Through our strategic collaboration with AXYS Technologies, we will be able
to penetrate this market by providing capabilities to measure wind speed and
direction, more accurately and at less expense than existing methods."
As announced previously, AXYS and Catch the Wind entered into an OEM
distribution agreement pursuant to which AXYS was granted a license to combine
and integrate the Vindicator(R) LWS with custom AXYS salt/fresh water fixed
and floating platforms, and sell the bundled products worldwide.
Validation testing of the WindSentinel(TM) buoy is being conducted off of Race
Rocks Island, in the coastal waters of British Columbia, Canada. The
validation testing is designed to compare wind data collected by the
Vindicator(R) LWS on the moving buoy to wind data collected from a second,
stationary Vindicator(R) LWS, on Race Rocks Island 0.5 kilometers away.
The test site at Race Rocks Island was specifically chosen to thoroughly test
the buoy's capabilities. The waters surrounding Race Rocks see currents of 5
to 6 knots, waves from 2 to 4 meters high and winds up to 50 knots.
The WindSentinel(TM) was designed to assist offshore wind farm developers in
determining the available wind resource at potential wind farm sites. It is
the world's first wind resource assessment buoy capable of accurately
measuring wind data at heights of conventional offshore wind turbines.
Historically, wind farm developers have had to construct permanent offshore
meteorological towers or "met masts" to collect wind speed and direction data.
It is estimated that offshore met masts can cost as much as U.S. $10 million
to build.
"The WindSentinel(TM) solves many of the challenges that offshore wind farm
developers face when forced to use a met mast offshore," said Dennis Stacey,
Renewable Energy Product Specialist at AXYS. "The WindSentinel(TM) allows
developers to collect crucial wind resource assessment data more accurately,
more quickly and less expensively than every other available option."
To watch an online video of the WindSentinel(TM) being deployed click here:
http://www.axystechnologies.com/Library/VideoGallery/tabid/73/Default.aspx

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 or visit www.axystechnologies.com.

About Catch the Wind Ltd.

Catch the Wind Ltd. is a high-growth technology company headquartered in
Manassas, Virginia. The company was founded in 2008 to develop and manufacture
the Vindicator(R) laser wind sensor.
Catch the Wind serves the commercial market sector for laser based wind sensor
systems, recognized as the "gold standard" in wind measurement. The company is
focused on becoming a major contributor in making clean, renewable wind energy
more affordable and profitable. For more information, visit
www.catchthewindinc.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.

SOURCE Catch the Wind Ltd.

Catch the Wind Ltd., Claudia Jaques, Vice President and General Counsel, (703)
393-0754, cjaques@catchthewindinc.com; The Equicom Group, Joe Racanelli,
Investor Relations, (416) 815-0700 ext. 243, jracanelli@equicomgroup.com