Natco International Inc.: IBM Nominates Photo Violation Technologies for BCTIA Award
Mr. Raj-Mohinder Gurm, President of NATCO (OTCBB: NCII), is pleased to announce Photo Violation Technologies Corp. ("PVT"), a company that will take over NATCO pursuant to an executed binding Letter of Agreement, has been nominated by IBM for the British Columbia Technology Industry Association's (BCTIA) Most Promising Start-Up Award.
This award acknowledges an early-stage (less than three years old) technology company with commercially available products that demonstrates significant potential, creativity and a promising future.
"It means a lot for a respected BCTIA member such as IBM to support our company and to nominate us for such a prestigious award," said Fred Mitschele, PVT President and CEO.
Founded in 2004 by Mitschele, a 20-year parking industry veteran, PVT has developed a line of products that will revolutionize the parking industry. Their PhotoViolationMeter (PVM) is an easy-to-use solution that gives customers Every Way To Pay. Customers have a variety of payment options, including coin, credit card, debit card, smart card and pay-by-phone. The meters also have a programmable Grace Period feature and No Fine feature that prevent users from receiving parking violations.
"It means a lot for a respected BCTIA member such as IBM to support our company and to nominate us for such a prestigious award," said Fred Mitschele, PVT President and CEO.
Founded in 2004 by Mitschele, a 20-year parking industry veteran, PVT has developed a line of products that will revolutionize the parking industry. Their PhotoViolationMeter (PVM) is an easy-to-use solution that gives customers Every Way To Pay. Customers have a variety of payment options, including coin, credit card, debit card, smart card and pay-by-phone. The meters also have a programmable Grace Period feature and No Fine feature that prevent users from receiving parking violations.
About Photo Violation Technologies Corp.
Photo Violation Technologies Corp. is a private, Vancouver-based company with affiliates in Europe and Asia that has developed a patented, technologically innovative parking meter system - the PhotoViolationMeter. Photo Violation Technologies Corp. has successfully forged relationships with Fortune 500 companies and global suppliers such as IBM, Honeywell and Motorola. These relationships ensure the future success of Photo Violation Technologies Corp. on a global scale. Photo Violation Technologies Corp. is proud to be working with these partners to develop the most sophisticated parking system. Together we are Revolutionizing the Parking Industry by Perfecting How People Park through the PhotoViolationMeter solution.
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