Sanders Morris Harris Group Retains Genesis Select to Provide Consulting Services to Certain Clients HOUSTON, Jan. 21 /PRNewswire-FirstCall/ -- Sanders Morris Harris Inc., a full service investment bank and a subsidiary of Sanders Morris Harris Group (NASDAQ:SMHG), is pleased to announce it has retained Genesis Select to offer investor relations and consulting services to certain SMH clients, including Nestor, Inc. (OTC:NESO) (BULLETIN BOARD: NESO) . "A number of our clients are small cap growth companies with compelling stories," said George L. Ball, Chairman of Sanders Morris Harris. "A common issue with such companies is that those stories are not as well known as they should be. Their executives are focused on building their businesses, but the companies can benefit from increased transparency and enhanced disclosure to their stockholders and the institutional community. That's the role good investor relations professionals like Genesis Select play in building these companies." "We are pleased to be able to offer our services to select SMH clientele like Nestor," said Budd Zuckerman, President of Genesis Select Corporation. "An effective information flow is critical in attracting institutional investors and analyst coverage. Our job is to help companies define strategies to communicate with the investment community." About Sanders Morris Harris Sanders Morris Harris Group is a financial services holding company headquartered in Houston, Texas. It provides a broad range of services, including investment banking, asset management, securities brokerage, investment advisory services and fiduciary services through our wholly owned operating subsidiaries. It has 365 employees and offices in Houston, New York, Los Angeles, Dallas and Fort Worth. It manages in excess of $7 billion in client assets. Sanders Morris Harris Inc., its primary operating subsidiary, is the largest investment banking firm based in the Southwest. It provides a full range of investment banking services including underwriting of private placements and public offerings of equity and debt securities, as well as financial-advisory services in mergers and acquisitions, restructuring, and recapitalizations. It also provides institutional equity research, sales and trading activities, as well as prime brokerage services for hedge funds and mortgage related fixed income securities sales and trading. Other activities include asset management and securities brokerage services for our individual and corporate clients. The firm is also active in developing and managing specialized private equity investment funds. About Genesis Select Corporation Genesis Select Corporation (http://www.genesisselect.com/ ) is an independent investment advisory and financial communications firm that specializes in micro through mid-capital public companies. The firm's senior professionals integrate knowledge and expertise gained over 60 years at prominent Wall Street firms. Genesis Select works closely with clients to increase transparency through strategic investor relations and financial communications programs. About Nestor Nestor Traffic Systems provides CrossingGuard, an innovative, video-based monitoring system for red light enforcement. CrossingGuard is offered to customers as a turnkey solution, including equipment, installation, support, and processing services. CrossingGuard incorporates Nestor's patented technology, making it an intelligent, real-time solution that promotes traffic efficiency and intersection safety. CrossingGuard is a registered trademark of Nestor Traffic Systems, Inc. For more information, call (401) 434-5522 or visit http://www.nestor.com/ . DATASOURCE: Sanders Morris Harris Group Inc. CONTACT: George Ball, Chairman of Sanders Morris Harris Group Inc., +1-713-250-4280 Web site: http://www.smhgroup.com/ http://www.genesisselect.com/ http://www.nestor.com/

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