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Natco International Inc.: NATCO International Inc. Completes Share Transfer with Lassen Energy, Inc.

  //house-home.news-articles.net/content/2009/01/1 .. letes-share-transfer-with-lassen-energy-inc.html
  Published in House and Home on Wednesday, January 14th 2009 at 13:18 GMT, Last Modified on 2009-01-14 13:19:28 by Market Wire
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SURREY, BRITISH COLUMBIA--(Marketwire - Jan. 14, 2009) - NATCO International Inc. (OTCBB:NCII) is pleased to announce that the Company has completed the Share Transfer Agreement and License Agreement with Lassen Energy, Inc. The two companies met together with the Escrow Agent and executed the "Final Closing" as laid out in the agreements between Natco and Lassen. The two companies will be working together on a number of initiatives with the goal of bringing the Lassen Hybrid Solar Panel to the market.

"We now look forward to assisting each other on a number of different projects being proposed regarding the manufacturing, installation, and commercialization of the Lassen Hybrid Solar Panel system," said Mr. Raj Gurm (CEO) Natco.

About Natco

Natco (p2solar) is dedicated to bringing high tech solar systems into the mainstream. Our mission is to provide green sustainable energy 24 hours, 7 days a week. This is accomplished by reducing the overall cost of solar through the company's new Lassen Hybrid Solar Panel technology. P2Solar will manufacture the Lassen Hybrid Solar Panel for application in both the Residential, Commercial, and Industrial markets. Also, P2Solar will build and operate power plants. For additional information please visit our web site at [ http://www.p2solar.com ].

Forward-Looking Statements

This press release contains certain statements that may include "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding NATCO's business strategy, plans and objective and statements of non-historical information. These forward looking statements are often identified by the use of forward-looking terminology such as "believes", "expects", "intends" or similar expressions, involve known and unknown risks and uncertainties. Although NATCO believes that the expectations reflected in these forward-looking statements are reasonable, they may prove to be incorrect and do involve assumptions, risks and uncertainties. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. NATCO's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in NATCO's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to NATCO or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, NATCO does not assume a duty to update these forward-looking statements.