William B. Danzell

Overview

WILLIAM B. DANZELL is the Chief Executive Officer and President of Nestor, Inc. Mr. Danzell serves as Nestor Traffic Systems, Inc.'s Chairman of the Board of Directors. Mr. Danzell also holds the position of President of Danzell Investment Management, Ltd., a private investment management and consulting company to restructuring corporations and is Managing Director of Silver Star Partners I, LLC. He was employed by Prudential Securities, Inc. from 1983 to 1995 and held the position of Senior Vice President-Portfolio Manager. He began his career in the financial industry in 1981 with Merrill Lynch. Mr. Danzell received his Economics degree from Colgate University (Hamilton, NY) in 1977. On May 17, 2007, the Board of Directors of Nestor, Inc. voted 6-0 (with Mr. Clarence A. Davis abstaining) to relieve William B. Danzell of all of his duties and responsibilities as Chief Executive Officer of the Company effective immediately. Mr. Danzell remains a member of the Board.