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Penrith has signed 23-year-old Raiders winger/centre Nathan Smith on a two year deal.
Nathan, who made his NRL debut against the Cowboys in 2004, has made only seven first grade appearances - and scored seven tries.
He was out of action for the entire 2005 season because of a knee reconstruction.
Panthers General Manager Rugby League, Michael Leary, said today that Nathan is a big, strong winger who "comes highly recommended by Matt Elliott?.