SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

December 02, 2009 19:00 ET

Bridge Bank Provides NBS $8.2 Million in Flexible Funding

SAN JOSE, CA--(Marketwire - December 2, 2009) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service business bank headquartered in Silicon Valley, announced today it has provided an $8.2 million credit facility to NBS to support a continuous successful growth strategy.

"Our liquidity and in turn our ability to respond quickly to fresh opportunities have both been improved by this agreement," explains NBS Chief Financial Officer, Chris Mak. "The timing is also significant because it demonstrates clearly that the very different business model NBS brings to the EMS marketplace has a special strength and resiliency recognized by the financial markets as well as by our customers."

Founded in 1999 as a PCB layout specialist, NBS has achieved continuous growth since its inception. They have created a unique business model that delivers leading-edge services in design engineering, end to end manufacturing, test and verification to a large and diverse customer-base serving all industry segments and geographies. At the same time, they deploy a highly integrated network of engineering and manufacturing processes that enable NPI and volume manufacturing to successfully co-exist side by side.

"We appreciate the opportunity to support NBS," said Anthony Crisci, Vice President, Capital Finance Group at Bridge Bank, N.A. "We have been impressed with the company's growth initiatives, its financial performance and the unique market position it has nurtured while becoming a significant force within the EMS industry, particularly throughout the current economic climate."

NBS' 2009 acquisition of CompServ enabled the company to expand the scope of its services to include advanced supply chain logistics, custom products sourcing and a wide array of test services. Test capabilities at the firm now include advanced AOI, automatic 2D and 3D X-ray, ICT, FCT, BIT and flying probe technologies. They also offer test program development, boundary scan development and test, fixture design and manufacturing and a range of diagnostic and rework test services.

About NBS

( is a fully integrated EMS provider headquartered in Northern California. NBS provides end-to-end solutions that include leading-edge services in design engineering, manufacturing engineering, NPI, production, supply chain and logistics, test, box build and systems integration. The company services technology businesses throughout the world and has facilities in Santa Clara, Calif., Santa Barbara, Calif., Nashua, N.H., and Jakarta, Indonesia.

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.