Shear Wind Inc.
TSX VENTURE : SWX

Shear Wind Inc.

September 17, 2007 09:00 ET

Shear Wind Acquires Wind Project

HALIFAX, NOVA SCOTIA and CALGARY, ALBERTA--(Marketwire - Sept. 17, 2007) - Mike Magnus, President & CEO of Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) is pleased to announce the acquisition of a wind project site in Nova Scotia. Shear Wind has been successful in purchasing the Merland Wind Project site previously owned by Barrington Wind Energy Limited. The project is wind tested and has the potential for developing 50 Megawatts ("MW'") of electrical generation. The location of Merland, Nova Scotia is complimentary to Shear Wind's Glen Dhu site, and will provide Shear Wind with strategic options for future expansion of Glen Dhu or for developing a stand alone project.

Mr. Magnus states, "Shear Wind has a mandate to increase its "pipeline" of economically viable wind resource properties across Canada, and this acquisition represents a key strategic asset in our quest to provide a long term supply of renewable energy to the Province of Nova Scotia".

Mr. Magnus also announces that Shear Wind has successfully submitted its proposal for the Glen Dhu, Nova Scotia project to Nova Scotia Power in response to their Request For Proposal (RFP) which solicited 130 MW of renewable energy that is required to be operational by the end of 2009.

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.

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.

Contact Information