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Technology Stocks : Natcore Inc.
NXT.V 0.450+9.8%Apr 25 9:30 AM EDT

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From: jmartin16411/4/2012 2:12:31 AM
   of 56
 
Email to shareholders

I have had several friends and shareholders call to ask how our Red Bank office and staff fared during Hurricane Sandy. We are all fine - just a little inconvenienced because of the lack of power, phones or internet. The office in Red Bank, however, has just gotten back on line with all three. I asked the staff to stay home last week since it was a bit dangerous to get around and gas was and is hard to get.

I had occasion to watch the fund raising show last night featuring Bruce Springsteen, Bon Jovi, etc. Since it depicted so much of the devastation on the Jersey Shore, I thought if you had seen it you might have some concern about Natcore.

I felt we were as prepared as one can be given the size and scope of the storm. We had previously gotten an appropriate generator and staged what we felt was enough fuel. This would allow us to make staff payroll as well as continue paying bills to keep all of our facilities current. In addition to our local bank facility, we maintain an out of state account so we always have access to funds even if the local system fails temporarily. We arranged for an out of state answering service that would not be affected by phone or power outages. In essence, we are operating even with the inconveniences mentioned earlier.

Remember, also, that the really smart Natcore people are in Rochester, Oberlin, Columbus and Houston. Dennis Flood, David Levy and our scientific team have not missed a step. We communicate constantly and are progressing rapidly in the optimization of our black silicon solar cell as well as the design of the prototype black silicon machine that we hope to sell shortly.

So in summary, if you did see that great show about New Jersey last night, please don’t worry about the status of Natcore. We were as prepared as we could have been and are functioning very close to normal in Red Bank and normally at our facilities.

Best regards,

Charles R. Provini
President & CEO
Natcore Technology, Inc.
87 Maple Ave, Red Bank, NJ 07701
732-576-8800, fax 732-576-8809
Email: provini@natcoresolar.com
www.natcoresolar.com < http://www.natcoresolar.com/>
Symbol: NXT.V, Toronto Venture Exchange
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