Natco International Inc.
OTC Bulletin Board : NCII

March 20, 2009 09:30 ET

NATCO International Inc. Announces Name Change and New Director

SURREY, BRITISH COLUMBIA--(Marketwire - March 20, 2009) - NATCO International Inc. (OTCBB:NCII) is pleased to announce that effective March 18, 2009 its new name is P2 Solar, Inc. The new name better reflects the new business direction of the company into solar energy. The company will also announce its new symbol once it has received it from the regulators.

In addition to the new name change, P2 Solar, Inc. would like to welcome its newest director Mr. Hans Edblad. Mr. Edblad has been assisting the company over the last couple of years as a consultant, and has now joined the Board of Directors. Mr. Edblad brings with him years of entrepreneurial experience, having started and sold a number of private companies in the past. Mr. Raj Gurm, CEO of P2 Solar, Inc. states, "Mr. Edblad has been very instrumental in assisting me and the company in our pursuit of the Lassen Hybrid Solar Panel, in both due diligence and direction. I look forward to continuing to work with him."

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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 P2 Solar'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 P2 Solar 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. P2 Solar'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 P2 Solar's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to P2 Solar or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, P2 Solar does not assume a duty to update these forward-looking statements.

Contact Information

  • Capital Group Communications, Inc. - Investor Relations
    Mark Bernhard
    VP Corporate Communications
    (415) 332-7200