Catch the Wind Reports Offshore Wind Resource Assessment Breakthroughs
January 11 2012 - 6:00AM
PR Newswire (Canada)
- Company highlights the first deployment of the WindSentinel™ on
the Great Lakes - CHANTILLY, VA, Jan. 11, 2012 /CNW/ - Catch the
Wind Ltd. , providers of laser-based wind sensor products and
technology, today reported that the first ever deployment of the
Vindicator(®) Laser Wind Sensor (LWS) in the AXYS Technologies
Inc.'s WindSentinel™ offshore buoy was an unprecedented success,
providing wind profile information from the Great Lakes to wind
resource researchers and analysts at Grand Valley State University,
University of Michigan and Michigan State University. After 45 days
of testing on Lake Michigan, Dr. Guy Meadows, Director of the Ocean
Engineering Laboratory, Department of Atmospheric, Oceanic and
Space Sciences, University of Michigan, reported that this was the
first time they had actual data of the detailed vertical structure
of the marine boundary layer over any of the Great Lakes and that
this buoy had provided a truly unique data set, which will be very
useful in forecasting wind and wave circulation across the lakes,
as well as aiding in Search and Rescue (SAR) efforts. "Especially
valuable," he said, "was the turbulence data during the approach of
severe storms and fronts." Dr. Meadows also stated that there was
"amazing correlation between the buoy data and the National Weather
Service and Environmental Research Laboratory, NOAA models." Arnold
Boezaart, Director of Grand Valley State University's Michigan
Alternative and Renewable Energy Center, reported that the
two-month sea trial went very well and yielded highly valuable real
time information. "Weather wise, November and December are two of
the most challenging months on the Great Lakes, so it was a good
field test of the research buoy's capability," he said. "We now
have two months of one-second wind measurement data up to 150
meters using a floating research platform and state-of-the-art
laser technology. This has never been done before on the Great
Lakes or elsewhere in North America." Additional testing and data
correlation will continue through the winter with additional
deployments scheduled in the spring. "We are extremely pleased that
GVSU's initial deployment has been an effective demonstration of
the capabilities of the WindSentinel," said Graham Howe,
International Business Development Renewables, AXYS Technologies,
Inc. "The deployment period saw 23.6 m/s winds and 8 meter waves
yet the WindSentinel continued to transmit the full range of data
proving that the WindSentinel can offer accurate, cost effective
offshore wind resource assessment data in near real time from the
most challenging environments." "Showing robustness in this extreme
environment, specifically on a moving buoy far removed from land,
is a great demonstration of our product," said Dr. Jo Major, Jr.,
Chairman and Interim President and Chief Executive Officer of Catch
the Wind. "Beyond being tough, the tool demonstrated phenomenal
capacity to supply remote wind measurement capability and excellent
correlation with multiple standard wind measurements. This
successful test under extreme environmental conditions highlights
the advancements that our team has achieved with our product
technology." "The reliability and accuracy now achievable in remote
offshore wind-sensing is a game-changer that will provide the wind
industry with the ability to collect data that will make
investments in onshore and offshore wind power more profitable with
lower financial risk," Dr. Major added. "We look forward to
substantial commercial growth in this business sector in
partnership with AXYS Technologies." 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. 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. About AXYS Technologies, Inc. AXYS
Technologies Inc. is a Canadian company with over 30 years of
experience in the design, manufacture and installation of remote
environmental monitoring systems worldwide. AXYS applies its
extensive knowledge and experience to marine, freshwater,
land-based monitoring stations, and offshore wind resource
assessment systems that measure aquatic, oceanic and atmospheric
parameters. For more information, visit www.axystechnologies.com.
About Grand Valley State University The Michigan Alternative and
Renewable Energy Center (MAREC) is an economic development
initiative of the City of Muskegon, the Michigan Economic
Development Corporation and Grand Valley State University. The
facility opened in 2003 in response to the growing need for the
advancement and development of alternative and renewable energy
technology. Learn more about the GVSU Lake Michigan offshore wind
assessment project by visiting the MAREC web site
www.gvsu.edu/marec. 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. Catch the Wind Ltd. CONTACT: Catch the
Wind Ltd. TMX EquicomClaudia Jaques Philip DaleVice President and
General Counsel Investor Relations703-393-0754 416-815-0700 ext.
253cjaques@catchthewindinc.com pdale@equicomgroup.com
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