Catch the Wind Announces Filing of Injunction against Optical Air Data Systems, LLC and Philip Rogers

CHANTILLY, VA, Sept. 30, 2011 /CNW/ - Catch the Wind Ltd. (TSX-V: CTW), providers of laser-based wind sensor products and technology, announced today that it has filed a motion for a preliminary injunction in the Circuit Court for Prince William County, Virginia, against Optical Air Data Systems, LLC ("OADS") and Philip L. Rogers, the former President and CEO of the Company. The motion for an injunction has been filed to compel OADS and Mr. Rogers to return tangible and intangible property owned by the Company and its wholly-owned subsidiary, Catch the Wind, Inc., that the Company has alleged in its complaint is being detained by OADS and Mr. Rogers in violation of applicable Virginia law and their respective contractual obligations to the Company and Catch the Wind, Inc.  Certain property that Catch the Wind alleges is being detained is considered by Catch the Wind to be critical to the operations of the business.

About Catch the Wind Ltd.

Catch the Wind Ltd. is a high-growth technology company headquartered in Chantilly, Virginia. The Company was founded in 2008 to develop and manufacture the Vindicator® laser wind sensor.  The Vindicator® laser wind sensor is part of Catch the Wind's "next generation" turbine control and performance enhancement system for utility-scale wind turbines. From its position on top of the nacelle, the Vindicator® laser wind sensor determines wind speed and direction up to 300 meters in front of the turbine, providing a three-dimensional view of actual wind conditions.  Catch the Wind's turbine performance enhancement system responds to the real-time, actual measurements of the Vindicator® laser wind sensor to optimally control a wind turbine's performance for the purposes of increasing energy output and reducing damaging stress loads.

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.

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.

For further information:

Catch the Wind Ltd.      TMX Equicom
Claudia Jaques      Philip Dale
Vice President and General Counsel    Investor Relations
(703) 956-6554      416-815-0700 ext. 253
cjaques@catchthewindinc.com    pdale@equicomgroup.com

 

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Catch the Wind Ltd.

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