SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

January 05, 2010 13:30 ET

Bridge Bank Establishes Credit Facility With CFOs2Go, Inc.

SAN JOSE, CA--(Marketwire - January 5, 2010) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service professional business bank headquartered in Silicon Valley, announced today that the 2Go Group of Companies including CFOs2Go™, Accountants 2Go™, IT2Go™ and CFOs2Go Partners™ have chosen Bridge Bank to be their primary Business Bank.

"This banking relationship is an important part of our growth strategy as the demand for our services has, over the last several years, grown from early stage and small-market companies to include mid-market and international companies as well," said Bob Weis, CEO of the 2GO Group of Companies. "Bridge Bank serves the same client group that we serve. We have long standing relationships with many of the Bankers at Bridge Bank. We trust them. They trust us."

Celebrating 24 years in business, the 2Go™ Companies are leaders in consulting and innovative staffing solutions for emerging, middle market and Fortune 50 companies. The company is headquartered in the San Francisco Bay Area. Services include: direct hire, directorships, contract staffing and consulting. The firm has recognized vertical market expertise in Sustainable Industries and Life Sciences.

"CFOs2Go and its sister companies have a strong track record of delivering superior results for their clients," said Michael Hengl, Senior Vice President, Commercial & Industrial Lending at Bridge Bank N.A. "We are pleased to be their business bank of choice and look forward to continuing a strong partnership in the coming years."

Bridge Bank specializes in providing superior service and customized banking solutions to small, middle-market, and emerging technology business in Silicon Valley, California and the Nation. The Bank's product offerings include 24/7 internet-based business cash and treasury management, on-line account statement and item imaging, remote deposit capture, commercial lines of credit, growth capital financing, commercial real estate financing, international Export-Import financing and foreign exchange payment services, Small Business Administration 7(a) and 504 loans as an SBA Preferred Lender Participant-accredited direct lender, and factoring and asset-based loans through its Bridge Capital Finance Group.

About the 2Go Group of Companies

The 2Go™ Companies provide innovative consulting and staffing solutions. Its flagship company, CFOs2Go™, and its technology counterpart, IT2Go™, provide senior finance and technology executives to a wide range of companies. Their CFO and IT2Go Partner groups provide consultants with early stage and small market companies. Accountants 2Go™ is local market expert providing temp and temp-to-hire services for finance and accounting staff. The companies have offices in the South Bay, East Bay and Reno, Nevada. Please visit the 2Go Group of companies on the web at

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on The NASDAQ Stock Market under the trading symbol BBNK. For additional information, visit the Bridge Capital Holdings website at

About Bridge Bank, N.A.

Bridge Bank, N.A. is Silicon Valley's full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle-market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. Visit Bridge Bank on the web at

Forward-Looking Statements

Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are subject to the safe harbors created by that Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements describe future plans, strategies and expectations. Forward-looking statements are based on currently available information, expectations, assumptions, projections, and management's judgment about the Company, the banking industry and general economic conditions. These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.

Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied, in this press release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic, real estate and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; new litigation or changes in existing litigation; future credit loss experience; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; and the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control.

The reader should refer to the more complete discussion of such risks in Bridge Capital Holdings' annual reports on Forms 10-K and quarterly reports on Forms 10-Q on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.