Shear Wind Inc.
TSX VENTURE : SWX

Shear Wind Inc.

January 16, 2008 09:00 ET

Shear Wind Announces New Board Member

HALIFAX, NOVA SCOTIA AND CALGARY, ALBERTA--(Marketwire - Jan. 16, 2008) - Mike Magnus, President and CEO of Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) is pleased to welcome Murray Smith of Calgary, Alberta to the Shear Wind Board of Directors. Mr. Smith's experience in Alberta as well as internationally will enhance the Board's breadth as they grow.

Murray Smith resides in Calgary, Alberta and most recently held the position as Alberta Representative to the United States of America, located in Washington D.C. Mr. Smith served 12 years as a Member of the Legislative Assembly in Alberta. He held Cabinet portfolios of Energy, Gaming, Labour, and Economic Development. As Minister of Energy he was responsible for implementing the competitive electrical power market generation model that is used in Alberta today. He serves on the Energy Advisory Board of the Toronto Dominion Bank. Mr. Smith is a graduate of the London Business School Senior Executive Program, and holds a B.A. (Economics & Political Science). He is a past Director of the Calgary Stampede Board. Mr. Smith has worked in the energy sector for the majority of his business career.

Speaking about his appointment to the Board, Mr. Smith said: "Meeting the challenges of escalating energy demand, achieving carbon management targets and delivering shareholder value will be key goals of any successful company in the energy sector in this new environment. I am honoured to be a part of Shear Wind, a company, Canada-wide in assets and North American-wide in markets, that will meet these new challenges with a strong achievable business plan."

Shear Wind President, Mike Magnus states, "We are pleased to welcome Murray Smith to our team. We are fortunate to gain his confidence in our company, and know that we will benefit through his guidance and expertise in the energy field, and his wide network throughout North America. His knowledge of the Alberta market will be particularly helpful as we more forward in the development and construction of our various wind projects."

Shear Wind has potential projects in Western and Atlantic Canada with targeted construction to begin later this year.

About Shear Wind

Founded in 2005, Shear Wind is headquartered in Halifax, Nova Scotia and is engaged in the exploration and development of renewable energy in Canada and is focused on building a strong company based on a secure and sustainable supply of clean energy.

Additional information on the various projects may be viewed on Shear Wind's website: www.shearwind.com.

Shear Wind Inc. trades on the TSX-Venture as "SWX".

Forward-Looking Statements

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