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$6,700,000 ~ Common Stock ~ January 2004
Nestor Traffic
Systems is a leading provider of video-based intersection
monitoring systems that provide automated red-light enforcement,
increase traffic safety and prevent intersection collisions.
After growing from an installed base of forty-one intersection
approaches to over ninety in one year, Nestor was looking for
capital to continue building contracted installations and to
seek new business opportunities. Taglich Brothers, a long-time
friend of the Company’s new management, participated in this
cost efficient private placement allowing Nestor to meet its
near-term capital needs.
The information
contained herein does not constitute a solicitation of any order
to buy or sell any securities. The information provided herein
may be displayed and printed for your personal, noncommercial
use only. You may not reproduce, retransmit, distribute,
disseminate, sell, publish, broadcast or circulate the
information to anyone, without the express written consent of
Taglich Brothers, Inc.
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