WindSim Launches New Subsidiary in Brazil

Confirms Commitment to Global and Local Market Leadership

TONSBERG, NORWAY and SAO PAULO, BRAZIL--(Marketwired - Aug 26, 2015) - WindSim AS, a pioneer and leading provider of CFD (Computational Fluid Dynamics) based wind modelling software and services technology used during the wind project life cycle from early site identification, energy optimization, site suitability, power forecasting to post construction assessment, today announced an expansion of its global operations with the upcoming opening of a new subsidiary in São Paulo, Brazil.

The creation of WindSim Brasil Consultoria LTDA will enable corporations throughout Brazil to utilize WindSim's accurate and proven simulation software and consulting services to help design and operate more profitable wind farms, both onshore and offshore. WindSim has a proven track record of being in the wind business for more than a decade with customers on all continents.

WindSim Brasil Consultoria LTDA is a joint venture between WindSim AS, as the majority shareholder, and CASE Participações Ltda., a Brazilian investment company dedicated to high technology opportunities in the renewable energy industry.

Join WindSim Founder and CTO, Dr. Arne Gravdahl during the week of Brazil WindPower in Rio de Janeiro Monday 31 August for VIP Luncheon. Confirm your participation here

"According to industry analysts, wind energy is the fastest growing source of power generation in Brazil. In 2015, more than 100 new wind farms are under construction with a total capacity of around 2.7 GW. Having local offices in Brazil will enable us to service customers more effectively and enable better leverage of the WindSim technology solutions," said André Cerqueira, Country Manager, WindSim Brasil Consultoria LTDA.

"WindSim is experiencing great interest from prospective customers and partners in the Brazilian marketplace for our technology solutions. We appreciate the confidence shown by CASE Participações Ltda. in co-investing with us in this market opportunity," said John Olaf Rømma, CEO WindSim AS.

"We are excited to partner with WindSim on the launch and growth of WindSim Brasil. There is a clear demand for more accurate studies, in order to protect investors and financer interests. The market is already realizing that CFD based solutions are the best way to have a proper energy production estimation," said Paulo Ferreira, CEO, CASE Participações Ltda.

WindSim's announcement comes four years after a successful joint venture in China, cutting-edge product innovation, and successive quarters of positive growth. The opening up of the Brazilian market is one of the international expansion efforts by WindSim AS. This year will also include expansion into South Africa.

About CASE Participações Ltda Case Participações Ltda. invests in high technology organizations dedicated to grid class wind and solar energy industries, focusing the markets in Brazil and US.

About WindSim AS WindSim develops and delivers advanced software solutions and consulting services that help worldwide wind energy industry leaders design more profitable wind farms. WindSim, the company's flagship product, is a world-class software solution based on CFD that combines advanced numeric processing with compelling 3D visualization in a user-friendly interface. Founded in 1993, WindSim is privately-held and venture-backed with offices and partners in Argentina, China, Costa Rica, Finland, Greece, India, Italy, Korea, Mexico, Norway, Serbia, Spain, Turkey and USA. For more information,

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WindSim and the WindSim logo are trademarks of WindSim AS. All other trademarks are the property of their respective owners.

Contact Information:

Media Contacts:

Donna Rennemo
WindSim AS
Phone: +1 805 216 0785

Country Manager, WindSim Brasil
Phone: +55 11 5095 3430