Corporate Profile for Nestor, Inc., dated July 2, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: July 2, 1999
Company Name: Nestor, Inc.
Address: One Richmond Square
Providence, RI 02906
Main Telephone
Number: 401-331-9640
Internet Home
Page Address
(URL) www.nestor.com
Chief Executive
Officer: David Fox
Chief Financial
Officer: Nigel Hebborn
Investor Relations
Contact: Carolyn Beaudry
Business Phone: 401-331-9640
E-Mail Address: crb@nestor.com
Public Relations
Contact: Carolyn Beaudry/Tom Spillane
Business Phone: 401-331-9640
E-Mail Address: crb@nestor.com/tspillane@nestor.com
Industry: Software
Trading Symbol/
Exchange: NEST (OTC Bulletin Board)
Company description: Founded in 1983 and headquartered in Providence Providence, city (1990 pop. 160,728), state capital and seat of Providence co., NE R.I., a port at the head of Providence Bay; founded by Roger Williams 1636, inc. as a city 1832. , RI, Nestor, Inc. is a leading provider of intelligent decision support solutions for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Nestor's products incorporate innovative pattern-recognition technologies ideally suited for data-intensive, mission-critical decision applications in real-time environments. The company's products for financial institutions support fraud detection and case management for credit, debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. , retail and commercial card fraud, as well as Internet and merchant fraud; bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most prediction; and customer relationship management. Through its subsidiary, Nestor Traffic Systems, Inc., the company also applies its technologies to a suite of video-based intelligent transportation systems that promote enhanced traffic management and improved safety. Products include: TrafficVision(R), a real-time, video-based traffic management system that assists transportation agencies in improving safety, monitoring traffic flow, managing congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. , responding to incidents, and planning for maximum highway efficiency; and CrossingGuard(R), a video-based intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. monitoring system that not only provides automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. enforcement of red light running violations but also a built-in safety feature that can help prevent collisions. Nestor products are sold direct and by selected partners worldwide. |
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