Published: October 27, 2005
Nestor Traffic Systems to Provide Automated Mobile Speed Enforcement Services to Akron, Ohio
Nestor, Inc. (NASDAQ: NEST), the parent of
Nestor Traffic Systems, Inc., a leading provider of advanced traffic safety
solutions, is pleased to announce the implementation of an automated speed
enforcement program for the City of Akron, Ohio. The first two of four
PoliscanSpeed Systems were deployed yesterday in an effort to provide more
consistent enforcement of speed limits in targeted areas throughout Akron.
William B. Danzell, Chairman of Nestor traffic systems, stated, "We are
excited to partner with the City of Akron on such an important safety
initiative. We believe that the unique ability of PoliscanSpeed to capture
violations on limited sight roads makes it the most effective system for
Akron's automated enforcement program. This technology, coupled with our
turnkey processing services will allow the City to provide consistent
enforcement without burdening City resources."
Strongly supporting Akron's implementation of the Automated Mobile Speed
Enforcement System, Mayor Donald Plusquellic quoted, "Nestor's
PoliscanSpeed System is another tool that we can use to let our community
know that speed limits will be enforced and that we are serious about
ensuring safety in our neighborhoods."
Nestor Traffic Systems (NTS) provides automated traffic safety solutions to
state and municipal governments. Our goal is to deliver effective
solutions for intersection and roadway safety. We currently offer
CrossingGuard®, a turnkey solution which helps customers reduce red light
running and intersection collisions through automated enforcement, and
PoliscanSpeed, a laser-based photo speed enforcement system designed to
reduce the number of speeding vehicles on public roadways, including school
zones and construction zones.
We are the exclusive North American distributor for Vitronic's
PoliscanSpeed, the industry's only scanning LIDAR, capable of tracking
multiple vehicles in multiple lanes, simultaneously. An industry first,
the scanning LIDAR mobile speed enforcement system is an innovative
solution for digital speed detection and image recording. The scanning
capability of the PoliscanSpeed system minimizes the ambiguity and
measuring errors associated with conventional photo speed enforcement
systems.
CrossingGuard® is a registered trademark of Nestor Traffic Systems, Inc.
PoliscanSpeed is a registered trademark of Vitronic. For more information,
call (866) 434-5522 or visit www.nestor.com.
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 Risk Factors
That May Affect Our Results in our most recent Quarterly Report on Form
10-Q filed with the SEC. Investors are advised to read Nestor's Annual
Report on Form 10-K and quarterly reports on Form 10-Q. 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.
Distributed by Market Wire
Copyright © 2012, MarketWire
Copyright © 2012, NewsBlaze,
Daily News