Catch the Wind Signs Deal With BP Wind Energy

Catch the Wind Ltd. has sold two Vindicator 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 Catch the Wind and BP Wind 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 units. Financial terms of the sales agreement were not disclosed.

“We are pleased to be partnering with BP Wind Energy a leading owner and operator of wind power facilities with over 1,200 MW in commercial operation in the United States,” said Phil Rogers, president and CEO, Catch the Wind Inc. “Not only does this opportunity allow us to demonstrate the value of our technology to one of the leading energy companies in the world with the potential of follow-on orders if the Vindicator units meet agreed upon performance criteria, it also allows us the ability to work with a leading wind energy company that has made significant investments to meet America’s future energy needs, and is currently developing a number of large wind farm projects in the U.S.”

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