Manassas, Va.-based Catch the Wind Ltd., the developer and manufacturer of the Vindicator laser wind sensor, has appointed two senior individuals who will help to accelerate the implementation of the company's business plan targeted at producing greater profits for the wind energy market.
Jon Hykawy has been named director of the Vindicator product line and will be responsible for bringing to market Catch the Wind's technology that helps to optimize the performance of wind turbines, which results in improved energy production and reduced maintenance costs.
Prior to joining Catch the Wind, Hykawy was a research analyst responsible for the alternative energy sector with Research Capital Corp. Previously, he worked with a number of leading capital markets companies, including Fraser Mackenzie, Harris Partners and Canaccord Capital.
Michael Harbour has been named director of accounting and will be responsible for day-to-day accounting and external corporate reporting activities.
Harbour is an accounting professional with 20 years of financial reporting and operational accounting experience in publicly traded and privately held businesses. Most recently, he served as senior manager of corporate accounting and consolidated reporting for NII Holdings Inc., where he was responsible for external financial reporting, operational accounting and financial systems matters.
Catch the Wind has also secured a line of credit from Boston Financial and Equity Corp. The funds will be used to finance new equipment purchases for the company.
SOURCE: Catch the Wind Ltd.