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Nestor, Inc.: Nestor Current Market Value Below Nasdaq Global Continued Listing Standard

Tue, 17 Oct 2006 17:42:00 PDT

PROVIDENCE, RI (MARKET WIRE) Nestor, Inc. (NASDAQ: NEST) today announced that on October 16, 2006, the Company received a Nasdaq Staff Deficiency Letter indicating that the market value of the Company's common stock had fallen below $50 million, the minimum level required for the continued listing of its common stock on the Nasdaq Global Market based on Marketplace Rule 4450(b)(1)(A). Additionally, the Company does not comply

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