Yesterday, Natco International issued two press releases. The first announced that Photo Violation Technologies Corp. (PVT), a private company, will take over NATCO pursuant to an executed binding Letter of Agreement. The second press release announced that the City of Niagara Falls, in cooperation with Photo Violations Technologies, will make history again by becoming the first city to use WiCity, which will provide free high-speed wireless internet.
Mayor Anello commented, “This is just one more service — and a free service at that — that we’re offering the visitor as well as our residents. Technology and the sharing of information moves incredibly fast and we must keep up. We’re glad to be working with Photo Violations Technologies to make this wireless service available in our downtown.”
Wall Street News Alert believes that this could be great news for the company and continues to alert aggressive investors to watch Natco International closely.
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