SOURCE: Wall Street News Alert

Wall Street News Alert

August 24, 2007 08:28 ET

Wall Street News Alert: Hot Stock to Watch - NCII! August 24, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - August 24, 2007) - Wall Street News Alert's "stocks to watch" this morning are: NATCO International Inc. (OTCBB: NCII), Northfield Laboratories Inc. (NASDAQ: NFLD), NetEase.com, Inc. (NASDAQ: NTES) and Microsoft (NASDAQ: MSFT).

Having just announced an agreement signed between Photo Violation Technologies and IBM that will revolutionize the parking industry, NATCO International Inc. (OTCBB: NCII) is at it again, and has issued additional breaking news that should have investors watching this stock very closely.

Yesterday after the stock markets closed, the company issued a press release announcing that the citizens of Niagara Falls, NY have begun to embrace their free city-wide access to the Internet immediately upon WiCity's successful launch on August 8th.

Over 100 users had already signed up by the first day the service was available. Don Millman, technical advisor for WiCity, which is a part of Photo Violation Technologies, said, "We anticipate the usage will be significantly higher once the word gets out. Free Internet is pretty compelling."

"This is just one more service -- and a free service at that -- that we're offering the visitor as well as our residents," Mayor Vince Anello said. "Technology and the sharing of information move incredibly fast and we must keep up. We're glad to be working with Photo Violation Technologies to make this wireless service available in our downtown."

Tourists can now use the free Internet to find out information about the next tourist attraction in their tour of Niagara Falls, or learn historical trivia on the spot. Café and shop owners will love WiCity™, as it will increase the traffic flowing through their stores and restaurants. City officials are excited about WiCity™, as they are sure it will play a vital role in the city's current multi-million dollar revitalization process.

This is more great news for the company, which on Wednesday announced that Photo Violation Technologies Corp. (PVT), a private company that will take over NATCO pursuant to an executed binding Letter of Agreement, has signed a preliminary "SOW" (service of work) contract with IBM.

In that press release, Fred Mitschele, Chairman, CEO, and President of Photo Violation Technology, said, "It is a great honor to be working with a company like IBM at this stage of our company. Upon completion of this contract, we will be able to virtually guarantee the scalability of our PhotoViolationMeter System to any size municipality or private parking company who wishes to implement it."

This week we also reported that with the rollout of 100 high tech PhotoViolationMeters™ in Niagara Falls just a month ago, and the recent debut of the WiCity™ free wireless network, PVT has been receiving numerous requests for newspaper and radio interviews.

Wall Street News Alert continues to alert aggressive investors to watch NATCO closely, as Photo Violation Technologies continues to garner attention. In other news, the company has also previously announced that NATCO and Photo Violation Technologies Corp. ("PVT") have agreed to extend the termination date of the Letter of Agreement from July 16, 2007 to October 31, 2007. This will allow ample time to complete the reverse merger. According to that press release, the amendment that was signed on July 15, 2007, also eliminates the right to cancel this agreement by either Natco or PVT. Natco will also loan $600,000 more above and beyond the $2,000,000 agreed in the Letter of Agreement signed on March 16, 2007. The extra money will help PVT continue its rapid expansion.

Before the news hit the wires, the stock closed Thursday at $2.16 a share.

For Wall Street News Alert's in-depth profile of NATCO International, visit: http://www.WallStreetNewsAlert.com/HotStocks/NCII082307/default.aspx

In case you're not familiar with the companies: Photo Violation Technologies Corp., with subsidiaries in Europe and Asia, has developed a patented, technologically innovative parking meter system -- the PhotoViolationMeter™. It has executed a binding Letter of Agreement to take over Natco International, Inc. once its 3-year financial audit has been completed.

Northfield Laboratories Inc. (NASDAQ: NFLD) up 28.3% on 1.8 million shares traded. Northfield Laboratories Inc. is a leader in developing an oxygen-carrying red blood cell substitute for the treatment of life-threatening blood loss, when an oxygen-carrying fluid is required and red blood cells are not available. PolyHeme® is a solution of chemically modified human hemoglobin that requires no cross matching and is therefore compatible with all blood types. It has a shelf life in excess of 12 months.

NetEase.com, Inc. (NASDAQ: NTES) up 4.7% on 3.4 million shares traded. NetEase.com, Inc. is a leading China-based Internet technology company that pioneered the development of applications, services and other technologies for the Internet in China. NetEase's online communities and personalized premium services have established a large and stable user base for the NetEase websites which are operated by its affiliates. In particular, NetEase provides online game services to Internet users through the licensing or in-house development of massively multi-player online role-playing games, including Fantasy Westward Journey, Westward Journey Online II and Datang.

Microsoft (NASDAQ: MSFT) up 0.2% on 33.8 million shares traded. Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Market Commentary:

"The Federal Reserve injected an additional $17.5 billion into the banking system this Thursday in three installments. Plus, Countrywide Mortgage got a $2 billion investment from Bank of America. However, in a live interview the CEO of Countrywide said that the housing situation is grim and could lead the country into a recession," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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