Shear Wind Inc.
TSX VENTURE : SWX

Shear Wind Inc.

August 21, 2007 09:00 ET

Shear Wind Inc.: Over 100,000 Acres Equates Over 1000 MW

HALIFAX, NOVA SCOTIA and CALGARY, ALBERTA--(Marketwire - Aug. 21, 2007) - Mike Magnus, President & CEO of Shear Wind Inc. ("Shear Wind") (TSX VENTURE:SWX) is pleased to provide an update to shareholders about the current work and accomplishments to date. Shear Wind is a Nova Scotia-based publicly traded wind energy exploration and development company committed to providing consumers with a source of renewable and clean energy.

Shear Wind is continuing to increase their "pipeline" of future power output capability and expanded acreage. Recent expansion efforts include areas in New Brunswick, Saskatchewan and additional land expansion of Alberta project sites. Shear Wind is also looking to capitalize on the Ontario Standard Offer Contracts program.

Mike Magnus is extremely pleased with the expansion: "We are excited with our accomplishments to date. Shear Wind has accumulated over 100,000 acres, thus bringing our nameplate capacity to over 1000 MW. Our entire project team is committed to moving these projects to the next stage, and ensuring Shear Wind as a significant player in the power generation industry. We are moving quickly, and I am proud to say our progress is significant."

Magnus expands: "One of our Alberta sites has the capability of becoming one of the largest consolidated wind farms in Canada - or as we say in Alberta, we have a "Wind Sands" future." Shear Wind continues to move forward with transmission and environmental studies, to develop their projects.

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

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.

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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