8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 28, 2007

NESTOR, INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

0-12965	13-3163744
(Commission File Number)	(IRS Employer Identification Number)

42 Oriental Street; Third Floor, Providence, Rhode Island

(Address of principal executive offices)

(401) 274-5658

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

-1-

ITEM 8.01. OTHER EVENTS

The Nestor, Inc. Board of Directors voted unanimously to elect the Honorable Harold E. Ford to fill a vacancy on the Board created by the November 1, 2006 resignation of Dr. Albert H. Cox, Jr.  Congressman Ford will serve as a member of the Board until the Company’s next annual meeting of its shareholders scheduled for December 12, 2007.

The Board of Directors also voted to accept Mr. Brian R. Haskell’s resignation as Corporate Secretary.  Mr. Haskell resigned to make room for the promotion of Ms. Mary Ann Branin, who was unanimously elected by the Board to serve as Corporate Secretary.    Mr. Haskell will continue to serve as Vice President and General Counsel.  Ms. Branin has served the Company for more than 19 years, most recently as Assistant to the Chief Executive Officer and to General Counsel.  In this capacity, Ms. Branin has gained substantial experience in corporate governance and SEC compliance.  The Board determined that Ms. Branin had earned her promotion through exceptional performance, unparalleled dedication and superb knowledge necessary to the position.  Ms. Branin will report directly to the Chief Executive Officer.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits

Exhibit No. Exhibit

99.1 Press Release dated August 28, 2007.

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		NESTOR, INC.
	By:	/s/ Nigel P. Hebborn
		Nigel P. Hebborn
		Executive Vice President and CFO
Date:  September 5, 2007

-3-

EX-99.1

PRESS RELEASE                                                                                                           

PROVIDENCE, RI                                                                                                                            

FOR IMMEDIATE RELEASE
AUGUST 28, 2007

NESTOR, INC. APPROVES NEW MEMBER OF

THE BOARD OF DIRECTORS

Former Congressman Harold E. Ford, Sr. Unanimously Elected

Nestor, Inc. (NASDAQ: NEST), a leading provider of video-based traffic safety systems and services, announced today that former U.S. Representative Harold E. Ford, Sr. was elected by the Nestor, Inc. Board of Directors to fill a vacancy on the Board created by the November 1, 2006 resignation of Dr. Albert H. Cox, Jr.  Congressman Ford will serve as a member of the Board until the Company’s next annual meeting of its shareholders scheduled for December 12, 2007.

Congressman Ford, 62, spent much of his career in public service.  Ford was first elected to the Tennessee House of Representatives in 1970 where he served 2 terms.  From 1975-1997 Mr. Ford represented the Tennessee 8^th District then, after redistricting, the Tennessee 9^th District in the U.S. House of Representatives.  Mr. Ford’s distinguished service includes serving on the U.S. House Select Committee on Assassinations that investigated the death of Martin Luther King, Jr.

Ford received his Bachelors Degree from Tennessee State University in 1967, a mortuary science degree from John A Gupton College in 1969 and his MBA from Howard University in 1982.

Mr. George Ball, the Chairman of Nestor’s Board, stated: “We are delighted to have Congressman Ford join us.   Congressman Ford’s dedication to public service enhances Nestor’s commitment to making our communities a safer place to travel.”

Clarence A. Davis, Nestor’s Chief Executive officer and a Director, said: “It is an honor to serve on a Board with such a distinguished gentleman and to lead a Company that attracts Board members such as Congressman Ford who have dedicated their lives to serving our country.”

Statements in this press release about future expectations, plans and prospects for Nestor, including statements containing the words "expects," "will," and similar expressions, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934.  We may not meet the expectations disclosed in our forward-looking statements and investors should not place undue reliance on those 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, legal and legislative challenges to automated traffic enforcement, and other factors discussed in Risk Factors in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC.  Investors are advised to read Nestor's Annual Report, quarterly reports on Form 10-Q and current reports on Form 8-K filed after our most recent annual or quarterly report.  The forward-looking statements in this letter represent our current views and we disclaim any obligation to update these forward-looking statements.

For more information, call (401) 274-5658 or visit www.nestor.com.

CONTACT:        

Brian Haskell

General Counsel

401-274-5658 ext. 738

Nigel P. Hebborn

Executive Vice President

401-274-5658 ext. 714

#   #   #