| Business Summary | | Nestor,
Inc.
designs,
develops,
markets,
installs
and
supports
technologies
and
intelligent
software
solutions
for
decision
and
data-mining
applications
in
real-time
environments.
The
Company's
products
employ
proprietary
neural
network
predictive
technologies
to
convert
existing
data
and
business
experiences
into
meaningful
recommendations
and
actions.
Nestor
designs
and
develops
high-value
software
products
that
can
bring
additional
value
to
customers
by
utilizing
its
proprietary
technology
and
information-management
knowledge.
The
Company
has
leveraged
its
neural-network
software
architecture
across
a
wide
range
of
markets,
including
e-Commerce
Profitability,
Risk
Management,
Customer
Relationship
Management
and,
through
license
to
third
parties,
Traffic
Management
and
Intelligent
Character
Recognition
Systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nestor,
Inc.
designs,
develops,
markets,
and
supports
intelligent
software
solutions
for
mission-critical
decision
applications
in
real-time
environments.
For
the
three
months
ended
3/31/01,
revenues
increased
42%
to
$1.7
million.
Net
income
totaled
$818
thousand
vs.
a
loss
of
$738
thousand.
Revenues
reflect
a
$1.1
million
source
code
license
realized
from
ACI.
Net
income
also
reflects
decreased
operating
expenses
due
to
the
elimination
of
legal
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,063;
after
tax
earnings
were
512. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Leon Cooper, 71 Co-Chairman | -- | Charles Elbaum, 74 Co-Chairman | -- | David Fox, 65 Pres,
CEO | $166K | Nigel Hebborn, 42 CFO,
Exec. VP | 110K | Sushmito Ghosh, 42 Pres,
NestorCommerce Division | 188K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|