Natco Executes Binding RTO Agreement With Photo Violation Technologies Corp.

Mr. Raj-Mohinder Gurm, President of Natco International Inc. (OTCBB: NCII), announces that the formal reverse take-over agreement with Photo Violation Technologies Corp. ("PVT") has been executed.
The shareholders of PVT will exchange their shares for Natco shares. All existing stock option agreements will be cancelled. The existing Board of Directors and corporate officers will resign to be replaced by new Directors and officers mutually agreed to by PVT and Natco. After the new shares have been issued the shareholders of PVT will hold 85% of the increased equity with the existing shareholders of Natco holding 15%.

PVT, with subsidiaries in Europe and Asia, has developed a patented, technologically innovative parking meter system - the PhotoViolationMeter. This user friendly high tech meter will generate significantly more revenue than current parking meters through greatly improved compliance and zero double usage of time. The PhotoViolationMeter has already advanced to field trials and is being tested at the University of British Columbia Endowment Lands and has just completed a trial at the Port of San Francisco. The City of Niagara Falls, NY and others have requested larger trials.

PVT has successfully forged relationships with Fortune 500 companies and global suppliers such as IBM, Cisco, Honeywell, and Motorola and is working with these partners to develop the world's most sophisticated parking system. One of these companies has also agreed to come on board under the terms of a North America-wide service agreement.

About NATCO International Inc.

NATCO International Inc. is a publicly traded company on the OTCBB under the symbol NCII.OB. Led by President Raj Gurm, the company is a manufacturer and distributor of Chemical products based in British Columbia, Canada.
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