SOURCE: Nestor, Inc.

April 23, 2008 09:06 ET

San Bernardino, California City Council Votes to More Than Triple Their Automated Red Light Enforcement Program With Nestor

PROVIDENCE, RI--(Marketwire - April 23, 2008) - Nestor, Inc. (NASDAQ: NEST) is pleased to announce that the City of San Bernardino, California voted on April 21, 2008 to expand their automated red light enforcement contract with Nestor Traffic Systems, Inc. from the present 8 approaches to 29 approaches. The decision culminates 3 years of traffic safety advancement in the City.

Clarence Davis, CEO of Nestor Traffic Systems, Inc., stated: "We are very pleased to expand the automated red light enforcement program for the City of San Bernardino. This is an example of the confidence our customers have in the effectiveness of our safety programs and our patented Collision Avoidance technology. In fact, we are presently working with several other municipalities to expand their programs as well."

The City will continue using Nestor's proprietary Collision Avoidance technology to prevent dangerous intersection collisions. Collision Avoidance holds the all red signal phase when a violation is detected to allow cross traffic to clear the intersection before allowing oncoming traffic to enter the intersection. Collision Avoidance is used by several municipal customers to avoid dangerous "T-bone" collisions.

Statements in this press release about future expectations, plans and prospects for Nestor, including statements containing the words "expects," "will," and similar expressions, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. We may not meet the expectations disclosed in our forward-looking statements and investors should not place undue reliance on those statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various factors, including: market acceptance of our products, competition, legal and legislative challenges to automated traffic enforcement, and other factors discussed in Risk Factors in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC. Investors are advised to read Nestor's Annual Report, quarterly reports on Form 10-Q and current reports on Form 8-K filed after our most recent annual or quarterly report. The forward-looking statements in this letter represent our current views and we disclaim any obligation to update these forward-looking statements.

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