CATCH THE WIND GRANTS STOCK OPTIONS

MANASSAS, VA, May 24, 2011 /CNW/ - Catch the Wind Ltd. (TSXV: 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, today announced that, pursuant to employment agreements, it has granted 400,000 stock options to each of Ms. Robin Roge, Ms. Claudia Jaques, Mr. William Fetzer and Mr. Daniel Lacroix, each of whom is an executive officer of the Company.

All of the options are exercisable at a price of CDN $0.55 per share. One third of the options will vest on the first anniversary of the grant date, one third will vest on the second anniversary of the grant date and the remaining one third will vest on the third anniversary of the grant date. The term of the options is ten years from the date of grant.

The granting of the options is consistent with the Company's stock option plan, which was approved by shareholders on June 16, 2010.

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® 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.

For further information:

Catch the Wind Ltd.
Claudia Jaques
Vice President and General Counsel
703-393-0754
cjaques@catchthewindinc.com    
























TMX Equicom
Philip Dale
Investor Relations
416-815-0700 ext. 253
pdale@equicomgroup.com

 

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