SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

February 09, 2010 16:30 ET

Bridge Bank Provides $5.5 Million Financing to Mission Bell Manufacturing

SAN JOSE, CA--(Marketwire - February 9, 2010) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service business bank headquartered in Silicon Valley, announced today that it has provided financing to Mission Bell Manufacturing to support its working capital needs for its millwork and casework operations.

"We are very happy to be working with Bridge Bank," said Mark Scianna, President of Mission Bell. "They listened to our needs and responded with a credit facility that is creative and provides increased flexibility and liquidity that allows us to access working capital needed to maintain the highest quality and value our customers have come to expect."

Founded in 1959, Million Bell is the largest commercial architectural woodwork, millwork and custom casework manufacturer in Northern California. Known for providing the most intricate one-of-a-kind quality woodwork fixtures to standard production plastic laminate cabinets, Mission Bell teams with the best general contractors and architects to deliver the best value. Mission Bell's work is found in prestigious professional offices, modern manufacturing headquarters, educational and medical facilities, distinctive country clubs, hospitality sites, fine retail stores, high-end residences, and multi-unit complexes throughout California.

"Mission Bell is a premier company in its space with a long history of success," said Kelly McRitchie, Vice President, Commercial and Industrial Lending at Bridge Bank. "We appreciate the opportunity to support Mission Bell's financing needs and we look forward to a long relationship with the Company."

Bridge Bank specializes in providing superior service and customized banking solutions to small and middle-market and emerging technology businesses in Silicon Valley, California and the Nation. The Bank's product offerings include 24/7 internet-based business cash and treasury management, online 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 Mission Bell Manufacturing

Headquartered in Morgan Hill, California, Mission Bell specializes in quality architectural woodwork, millwork and custom casework. Mission Bell provides an end-to-end business approach headed up by an experienced Project Manager who is the single point of responsibility for every project. Their customers include architects, developers, builders and contractors. For more information, visit www.missionbell.com or call (408) 778-2036.

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 www.bridgecapitalholdings.com.

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 www.bridgebank.com.

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.