Wall Street News Alert Featured Company: NATCO International, Inc. (NCII.OB) Receives State Approval
NATCO International recently announced that the law firm of Baker & McKenzia has finished analyzing the California Vehicle Code Section 40202 for Photo Violation Technology to insure that the company's technologically advanced PhotoViolationMeter conforms to California Vehicle Code. Baker & McKenzia reviewed California’s public policy and legislative history to support the use of the PhotoViolation Meter, which is an automated parking meter that utilizes proprietary technology for remote operation. The conclusion of the analysis reported that the use of the meters is supported by public policy, the intent of California Legislature, and the California case law. Fred Mitschele, CEO of…