ctw investor overview_october 18 2011

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10/18/20

©Copyright 2011 Catch the Wind, Inc. All rights reserved.

Investor Call

October 18, 2011



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This presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities.

Certain statements in this presentation may constitute “forward-looking” statements which involve known and unknownrisks, uncertainties and other factors which may cause our actual results, performance or achievements, or industryresults, to be materially different from any future results, performance or achievements expressed or implied by suchforward-looking statements. When used in this presentation, such statements use such words as “may”, “will”, “expect”,“continue”, “believe”, “plan”, “intend”, “would”, “could”, “should”, “anticipate” and other similar terminology. Thesestatements reflect current assumptions and expectations regarding future events and operating performance and speakonly as of the date of this presentation.

Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of futureperformance or results, and will not necessarily be accurate indications of whether or not such results will be achieved.A number of factors could cause actual results to vary significantly from the results discussed in the forward-lookingstatements, including, but not limited to, the factors discussed under the “Risk Factors” section of the filing statementthe Company filed with regulatory authorities on September 9, 2008. Additional risk factors can be found in theCompany's continuous disclosure filings, reports and other filings with securities commissions and regulatory authorities

in Canada and filed under the Company's profile on SEDAR at www.sedar.com. In addition to such risk factors,statements provided as of the date hereof regarding expected performance and results are based on the assumptionthat we will be successful in obtaining the prompt return of our business-critical property.

Although the forward-looking statements contained in this presentation are based upon what we believe are reasonableassumptions, neither we, nor the placement agents, can assure investors our actual results will be consistent with theseforward-looking statements. We assume no obligation to update or revise these forward-looking statements to reflectnew events or circumstances.

Forward Looking Statements

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Investor Meeting Agenda

Introductory Comments

Key Corporate Decisions

Contract Manufacturing Transition Plan

Shipment Status

Product and Technology Roadmap

Financial Modeling




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Key Decisions


Rapid Transition to Commercial Production

Radically Change Cost Structure

Key Issues Support

Marketing and Sales: Marty Crotty

Corporate Jet: Susan Nickey

Technology and Manufacturing: Jo Major

Operational Execution: John Green Develop Product and Technology Roadmap



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Manufacturing Transition



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Build It!

Standard Yaw Control Model

Qualified and Accepting Orders this Quarter

Delivery < 8 Weeks ARO

Variable Gross Margin >25%

All Key Design Reviews Completed

Initial Capacity >10 units/month




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Shipment Status



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Current Q4 Ship Unit Profile

Will Ship with an effective value between $1.2Mand $1.6M during Q4

Current Contract Structure Prevents RevenueRecognition with Shipment

Key contracts include customer acceptance testing




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Roadmap Definition

Three Segments

WRA (Wind Resources Assessment)

Owners/operators

OEM

Customer-Driven Paradigm Minimalist path to meet need

Simplification as theme

System & data reliability

Openness builds relationships

Yawcollective blade pitchindividual blade pitch




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Value to Wind Farm OperatorIncreases Over Time

Improved YawAlignment

Look-aheadBlade Pitch Control

Gust & StressAvoidance

10%+ More PowerIn Region II

Better Speed/ Torque Control

Ride ThroughGusts w/out

Damage

DramaticallyDecreasedStress Loading




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Product Roadmap

G-2 WRAWind Resource Assessment

G-3 WTCYaw/Collective Pitch/Gust Detection

Reduced Cost from G2.2

G-2.2 WTCYaw/Collective Pitch/Gust Detection

Reduced Cost from G2.1

G-2.1 WTCYaw/Collective Pitch

20122011 2013

G-4 WTCYaw/Individual Pitch Control

2014 + ©Copyright 2011 Catch the Wind, Inc. All rights reserved.



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Financial Modeling



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Power Curve ImprovementsField Trials: Nebraska, Yaw Control ONLY

Average Energy Increase in Region 2

Over 11 Months Prior to Optimization

14%

Average Energy Increase in Region 2

Following optimization

>20%




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Case Study: Improved Yaw Alignment

Case 1 – Old Technology

100MW Wind Farm 33% Capacity Factor

$70/MWh

66 GE 1.5 MW Turbines

Annual Wind Farm Revenue

$20.03M/year

Case 2 – Vindicator ® LWS

10% AEP Increase Mean Wind Speed of 8 m/s

93.45% in Region 2

Annual Revenue Increase

$1.87M/year

NPV (20 years): $ 4.3 M

NOTE: These numbers are for illustrative purposes only, and are not indicative of the performance ofany individual project or portfolio of projects.

Unlevered IRR: 28.1%




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NPV of Cost Avoidance (20 years): $3.3 M

Case Study: Main Gearbox Replacement

Case 1 – Standard Yaw Control

Average cost to replace main gearbox $350,000Average life of main gearbox: 8 years

Case 2 – Proactive Yaw Control

Average cost to replace main gearbox $350,000

Average life extended to: 10 years

NOTE: These numbers are for illustrative purposes only, and are not indicative of the performance ofany individual project or portfolio of projects.

Unlevered IRR: 19.6%




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Finance

Historical Situation Pre-August 2011

~ $50M capital raised

Average cash usage of $1.5M/mo

Current Situation

Cash Position – $9.2M Sept 30

Cash Usage ~ pro-forma $500K/month

Business Model

Target Gross Margin 40-50%

Target OpEx of 15-25%

Break-even is ~$1.3M/month




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Topic Summary


Contract Manufacturing Transition Plan

Shipment Status


Financial Modeling




10/18/20

This presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities.

Certain statements in this presentation may constitute “forward-looking” statements which involve known and unknownrisks, uncertainties and other factors which may cause our actual results, performance or achievements, or industryresults, to be materially different from any future results, performance or achievements expressed or implied by suchforward-looking statements. When used in this presentation, such statements use such words as “may”, “will”, “expect”,“continue”, “believe”, “plan”, “intend”, “would”, “could”, “should”, “anticipate” and other similar terminology. Thesestatements reflect current assumptions and expectations regarding future events and operating performance and speakonly as of the date of this presentation.

Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of futureperformance or results, and will not necessarily be accurate indications of whether or not such results will be achieved.A number of factors could cause actual results to vary significantly from the results discussed in the forward-lookingstatements, including, but not limited to, the factors discussed under the “Risk Factors” section of the filing statementthe Company filed with regulatory authorities on September 9, 2008. Additional risk factors can be found in theCompany's continuous disclosure filings, reports and other filings with securities commissions and regulatory authorities

in Canada and filed under the Company's profile on SEDAR at www.sedar.com. In addition to such risk factors,statements provided as of the date hereof regarding expected performance and results are based on the assumptionthat we will be successful in obtaining the prompt return of our business-critical property.

Although the forward-looking statements contained in this presentation are based upon what we believe are reasonableassumptions, neither we, nor the placement agents, can assure investors our actual results will be consistent with theseforward-looking statements. We assume no obligation to update or revise these forward-looking statements to reflectnew events or circumstances.

Forward Looking Statements

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ctw investor overview_october 18 2011

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