BlueScout Technologies: Press Release

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Catch the Wind Ltd. (the "Company" or "BlueScout Technologies") (TSX
VENTURE:SCT), provider of the BlueScout OCS-210 for optimized wind energy
generation, announced today that it has consolidated its common shares, changed
its corporate name and increased its authorized common share capital as approved
by shareholders at the Annual and Special Meeting of shareholders held on
September 20, 2012. 


Consolidation

The consolidation of BlueScout Technologies' common shares was completed on the
basis of one post-consolidation share for every 20 pre-consolidation shares. 


Accordingly, BlueScout Technologies' issued and outstanding capital was
consolidated such that all of the 122,513,614 currently issued and outstanding
common shares were consolidated into 6,125,680 common shares. The exercise price
and the number of common shares issuable under any of BlueScout Technologies'
outstanding warrants and stock options were proportionately adjusted upon
consolidation. 


No fractional common shares were issued pursuant to the share consolidation. In
lieu of any such fractional securities, each registered shareholder of BlueScout
Technologies otherwise entitled to a fractional interest in a post-consolidation
common share has received the nearest whole number of post-consolidation common
shares. For greater certainty, any fractional interest representing less than
0.5 of a post-consolidation common share did not entitle the holder thereof to
receive a post-consolidation common share and any fractional interest
representing 0.5 or more of a post-consolidation common share entitled the
holder thereof to receive one whole post-consolidation common share. No cash has
been or will be paid in lieu of fractional post-consolidation common shares. 


The share consolidation has been undertaken with the expectation that it will
provide certain benefits and flexibility to BlueScout Technologies. TSX Venture
Exchange policies do not permit venture listed companies to issue securities for
less than $0.05 per share or $0.10 per warrant or incentive stock option.
Because the current market price for BlueScout Technologies' publicly traded
shares has rested near these levels for some time, any further drop in the
market price to these levels may impose restrictions on BlueScout Technologies'
ability to raise financing through the issuance of securities and provide
incentives to employees through the BlueScout Technologies' current stock option
plan.


The share consolidation received approval of the TSX Venture Exchange as of the
date of this release.


Name Change

The Company has changed its corporate name from Catch the Wind Ltd. to BlueScout
Technologies Ltd. 


The purpose of the name change is part of the initiative to rebrand the Company.
The Company believes that the new name better reflects the Company's commitment
to its customers, investors and partners to help turbines reliably produce
clean, renewable energy.


Authorized Capital Increase

The Company has increased its authorized capital from US$52,500 to US$522,500,
by the creation of an additional 235,000,000 post-consolidation common shares
with par value of US$0.002 ranking pari passu in all respects with the existing
common shares in the capital of the Company. 


About BlueScout

BlueScout Technologies (TSX VENTURE:SCT) 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 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
BlueScout Technologies, Inc.
John E. Green
CFO & Treasurer
[phone]
[e-mail]
www.BlueScout.com


TMX Equicom
Philip Dale
Investor Relations
416-815-0700 ext. 253
[e-mail]