CTW Bluescout Technologies Ltd.

CHANTILLY, VA, March 26, 2012 /CNW/ - Catch the Wind Ltd. TSX-V: CTW, providers of Vindicator® Optical Control Systems (OCS), announced the granting of stock options under its annual compensation policy. 100,000 stock options were issued to Dr. Jo Major, Jr., Chairman and Interim CEO; 60,000 stock options were issued to each of Messrs. David Garman, Martin Crotty and Ms. Susan Nickey, members of the Board of Directors; and 50,000 stock options were issued to each of Messrs. Daniel Lacroix, Vice President of Design and Operations, William Fetzer, Vice President of Business Development, and Ms. Claudia Jaques, Vice President and General Counsel. The options are exercisable at a price of CDN$0.145 per share.  The expiry date of the options is March 21, 2022. The OCS is a "next generation" wind turbine control system for utility-scale wind turbines. From its position on top of the nacelle, the OCS simultaneously measures wind speed and direction in the free stream inflow ahead of the turbine and uses this information to optimize wind turbine performance, increasing energy output and reducing damaging stress loads. About Catch the Wind Ltd. Catch the Wind Ltd. is a high-growth technology company headquartered in Chantilly, Virginia. The company was founded in 2008 to develop and manufacture the OCS. Catch the Wind serves the commercial market sector for optical based wind sensor systems, recognized as the "gold standard" in wind measurement. The Company is focused on becoming a major contributor in making clean, renewable wind energy more affordable and profitable. For more information, visit www.catchthewindinc.com or follow us on Twitter at www.twitter.com/CatchTheWindInc. 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. Catch the Wind Ltd. CONTACT: Catch the Wind Ltd.Claudia JaquesVice President and General Counsel703-956-6554cjaques@catchthewindinc.comTMX EquicomPhilip DaleInvestor Relations416-815-0700 ext. 253pdale@equicomgroup.com

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