Catch the Wind Unveils New Brand, Now Operating as BlueScout Technologies
01 8월 2012 - 8:00PM
PR Newswire (Canada)
Rebranding effort signifies commitment to the wind industry-rooted
in a fresh mission and vision that is data-driven and
customer-focused CHANTILLY, VA, Aug. 1, 2012 /CNW/ - Catch the Wind
Ltd. (TSX-V: CTW, providers of predictive Optical Control Systems
(OCS) for optimized wind energy generation, today announced the
complete rebrand of the company, now operating through its
wholly-owned subsidiary (formerly Catch the Wind, Inc.) as
BlueScout Technologies, Inc. Combined with its proven technology
and ambitious product development roadmap, the new brand is
positioned to reconfirm the company's commitment to making wind
energy more competitive through innovation. "Our name, BlueScout,
is about the future. Our passion is to use our technologies and
skills to help our customers in the wind industry understand and
manage their wind resource more effectively. We will use this
rebranding to show our customers, investors and partners our
commitment to helping turbines reliably produce cleaner, renewable
energy. To us, the blue of the skies holds intelligence to be
discovered and applied, and our passion for exploration is embodied
within the concept of scouting what is ahead," said Jo S. Major,
Ph.D, President and CEO of BlueScout Technologies, Inc. BlueScout
reveals a new image, complete with a fresh logo, mission, vision,
values, and domain name. The company's optically based wind
forecasting technology for control systems, the BlueScout OCS-210,
is a next generation turbine control system for utility-scale wind
turbines. From its position on top of the nacelle, it measures wind
speed and direction in the approaching free-stream inflow and
employs predictive control architectures to increase energy
production and reduce harmful effects of wind turbulence on wind
turbines. The optical wind sensor, BlueScout OWS-150, is a
lightweight, portable, all-weather wind assessment tool that
precisely measures wind speed and direction of vertical profiles
above the ground or off shore water surface—reaching the full blade
height of most utility scale wind turbines. Major continued,
"BlueScout aspires to develop a unique capability using an
understanding of wind characteristics, gained through more than
three years of controlling operational wind turbines, to
fundamentally change the control philosophy of the wind industry.
To realize these goals, we will consistently innovate in
collaboration with our customers, always looking to push the
envelope of thought leadership, and relentlessly work to use
measurement data to dramatically improve reliable performance." In
the coming days the company will provide an operational update -
details to be announced separately. The company will continue to be
traded on the TSX Venture Exchange under the stock symbol "CTW"
until such time as its trading symbol is changed to reflect this
rebranding, which the company expects will occur later this month.
In addition, at the company's upcoming shareholders meeting the
company will seek the approval of shareholders to change the name
of the parent company's name from "Catch the Wind Ltd." to
"BlueScout Technologies Ltd." All prior trademarks of the company
will no longer be used following this rebranding. 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: For more information, please contact,
BlueScout TechnologiesInc.: John Green, CFO+1 703-956-6554 Ext.
103jgreen@BlueScout.comTMX EquicomLawrence Chamberlain, Investor
Relations+1 416-815-0700 ext.
257lchamberlain@equicomgroup.comMedia:Micaela
Whalen+1.773.857.0725Micaela@ink-pr.com
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Bluescout Technologies Ltd. (TSXV:CTW)
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Bluescout Technologies Ltd. (TSXV:CTW)
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부터 7월(7) 2023 으로 7월(7) 2024