Shear Wind Inc.
TSX VENTURE : SWX

Shear Wind Inc.

November 14, 2007 08:00 ET

New Brunswick Site Adds to Shear Wind's Options

HALIFAX, NOVA SCOTIA AND CALGARY, ALBERTA--(Marketwire - Nov. 14, 2007) - Mike Magnus, President & CEO of Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) is pleased to announce commencement of initial stages of feasibility and development of a new site in New Brunswick.

In the northwestern area of the province of New Brunswick, the Mann Siding Project promises to provide options for electricity transmission through a bid on the next New Brunswick Power RFP or through export possibilities. Transmission runs directly adjacent to this project, and with the recent signing of a wind exploration occupation permit with New Brunswick Crown Lands, Shear Wind has intentions to build up to 150MW of power.

Ian Tillard, COO, has been working hard over the past year to ensure Shear Wind has a diverse portfolio in the project pipeline. "New Brunswick property excites us because of the three very important qualifications of a successful wind farm. The first is access to transmission, second is a good wind resource and the third is market need. This new site has a 138 kV transmission line adjacent to the project area, is in a high potential wind resource area and is in a province which has an aggressive renewable energy policy and access to export markets." The site encompasses 6,000 hectares of woodlot/cultivated land.

Long term wind monitoring will begin early this winter, to provide a clearer understanding of the magnitude of this wind opportunity.

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

This news release may contain certain forward-Looking Statements. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. However, we disclaim any intention and assume no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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