Catch the Wind Continues to Fly 8% Higher on Sales to BP Wind Energy

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Catch the Wind Ltd. (CTW.V) continues to blow hot, up nearly 8% after announcing that it has sold two Vindicator( R ) laser wind sensor ( LWS ) units to BP Wind Energy. Upon the successful installation and testing of the units, BP Wind Energy has agreed to purchase sizeable quantities of additional units.

Both companies have agreed to use the services of a recognized third-party evaluator to confirm the results of the test program, which will begin upon delivery and integration of the Vindicator( R ) units.

Financial terms of the sales agreement were not disclosed. Catch the Wind Ltd. is a provider of feed-forward, intelligent turbine performance improvement systems that deliver increased energy output and reduced equipment stress loads for utility scale wind turbine generators.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: LWS , R

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