CATCH THE WIND ANNOUNCES PRIVATE PLACEMENT

MANASSAS, VA, Nov. 15 /CNW/ -- 
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
 DISSEMINATION IN THE UNITED STATES/


MANASSAS, VA, Nov. 15 /CNW/ - Catch the Wind Ltd. (TSX-V: CTW),
 providers of feed-forward, intelligent utility scale wind turbine
 performance improvement systems, today announced that it plans to raise
 up to CDN $10,000,000 by way of a brokered private placement offering
 of shares and/or units of the Company.


Each share will be priced at CDN $0.34.  Each unit will consist of one
 share priced at CDN $0.39 and one-half common share purchase warrant.
 Each full-share warrant will entitle the holder to purchase one
 additional common share of the Company at an exercise price of CDN
 $0.55 for a period of up to two years from the closing date of the
 private placement.


The net proceeds of the private placement will be used for production
 optimization of the Company's Vindicator® Laser Wind Sensor, sales,
 marketing and customer trials, and for general working capital
 purposes.


Jacob Securities has been retained as lead agent and will sell the
 offering on a best efforts private placement basis.


The offering is expected to close on or about November 24, 2010.


The offering is subject to certain conditions including, but not limited
 to, the receipt of all necessary approvals, including the approval of
 the TSX Venture Exchange and securities regulatory authorities.


About Catch the Wind Ltd.
Catch the Wind Ltd. is a technology company that develops and
 commercializes forward looking laser wind sensors and control systems
 primarily for the wind energy industry. The Company offers retrofit
 products for existing wind farms, original equipment manufacturers'
 development and integration programs, and applications for wind
 assessment. Headquartered in Manassas, Virginia, the company is focused
 on making 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.




table valign="top" border="0"trtdCatch the Wind Ltd.     br/ Claudia Jaques     br/ Vice President and General Counsel   br/ 703-393-0754      br/ a href="mailto:[e-mail]"[e-mail]/a   /td td /td td /td td /td tdThe Equicom Groupbr/ Joe Racanellibr/ Investor Relationsbr/ 416-815-0700 ext. 243br/ a href="mailto:[e-mail]"[e-mail]/a/td/tr/table

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