Catch the Wind Ltd. (Doing Business As BlueScout Technologies, Inc.) Announces New Stock Symbol as "SCT"

    




 CHANTILLY, VA, Aug. 2, 2012 /CNW/ - Catch the Wind Ltd. , providers of predictive Optical Control Systems (OCS) for optimized wind energy generation and now operating through  its wholly-owned subsidiary as BlueScout Technologies, Inc. (formerly  Catch the Wind, Inc.), today announced that, effective at the opening  of trading Friday, August 3, 2012, its common shares will commence  trading under the new stock symbol "SCT" on the TSX Venture Exchange. 

 The change in stock symbol was made to reflect the rebranding of the  Company as BlueScout Technologies as announced on August 1, 2012.  The  Company will seek the approval of shareholders to change the name of  the parent company to "BlueScout Technologies Ltd." from "Catch the  Wind Ltd." at the Company's upcoming shareholders meeting to be held  September 20, 2012. 

 There has been no change in the Company's CUSIP number and there have  been no changes to the Company's capital structure. 

 About BlueScout Technologies, Inc. (formerly known as Catch the Wind,  Inc.) BlueScout Technologies  increases energy production and  decreases operating costs by applying groundbreaking microgeographical  wind flow sensing to turbine control systems that increases the  effectiveness and availability of wind turbines. BlueScout combines  precise, optically based wind forecasting with advanced predictive  control architectures to ready the turbine for the imminent wind inflow  changes - optimizing energy production and reducing the harmful effects  of wind turbulence on the turbine. With extensive operating data on  multiple wind turbine models, BlueScout is the leading, value-added  innovator in wind turbine performance and optimization. 

 The team consists of experienced high-tech, R&D and manufacturing  engineers; innovative entrepreneurs and proven leaders.  The BlueScout  team has unique expertise and shares a firm commitment, as part of the  wind power industry, to continuously improve the reliability of wind  power generation through innovation. For more information, visit www.BlueScout.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 BlueScout  Technologies. Any number of important factors could cause actual  results to differ materially from these forward-looking statements as  well as future results. Although BlueScout Technologies 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. BlueScout Technologies 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. 

 BlueScout and the BlueScout logo are trademarks of BlueScout  Technologies, Inc. All other trademarks are the property of their  respective owners.  

Catch the Wind Ltd.


CONTACT:  Please contact, BlueScout Technologies, Inc.: John Green, CFO+1 703-956-6554 ext. [e-mail] TMX EquicomLawrence Chamberlain, Investor Relations+1 416-815-0700 ext. [e-mail]:Micaela [e-mail] 


    

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