SOURCE: Nestor, Inc.

July 15, 2005 06:00 ET

Nestor, Inc. to Webcast and Teleconference Annual Meeting

PROVIDENCE, RI -- (MARKET WIRE) -- July 15, 2005 -- Nestor, Inc. (NASDAQ: NEST), a leading provider of video-based traffic safety solutions and services, is pleased to announce that it will be continuing its adjourned annual meeting of stockholders at the Squantum Association in East Providence, RI, on Tuesday, July 19 at 10:00 a.m. At the meeting, CEO William B. Danzell will address current Company objectives and discuss industry trends and expectations for the remainder of 2005. Those who are unable to attend in person may listen to the meeting, including Mr. Danzell's comments, by calling 1-800-510-6979 in the United States and 303-248-0192 for international callers. The conference ID/Room # is 5372969. Callers may also connect to the meeting through their PC, using the URL address: http://events.streamlogics.com/conferencedepot/nestor/jul19-05/index.htm. Note that either method for calling in allows for listening only and does not constitute attendance at the meeting. The conference call is open to the general public; one need not be stockholder to listen to the meeting.

Statements in this press release about future expectations, plans and prospects for Nestor, including statements containing the words "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. We may not achieve the plans, intentions or expectations disclosed in our forward-looking statements and investors should not place undue reliance on our forward-looking 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, patent protection of our technology, and other factors discussed in Exhibit 99.1 to our most recent annual report filed with the SEC. The forward-looking statements included in this press release represent our current views and we specifically disclaim any obligation to update these forward-looking statements in the future.

Contact Information

  • Contact:
    Nigel P. Hebborn
    Executive Vice President
    (401) 434-5522 ext. 714
    www.nestor.com