SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

March 08, 2012 16:00 ET

Bridge Bank Expands Boston Office, Hires Chris Perkins as Vice President

SAN JOSE, CA--(Marketwire - Mar 8, 2012) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service business bank headquartered in Silicon Valley, announced today it hired Chris Perkins as vice president, relationship manager for the Northeast region. Mr. Perkins will be working from Bridge Bank's Boston office, located in the Cambridge Innovation Center near the campuses of MIT and Harvard University.

"Chris has an extensive track record of providing creative financial solutions to early stage companies throughout the technology industry," said Dick Sweeney, vice president and Northeast market manager at Bridge Bank. "We're extremely fortunate to have him on board as we continue to expand our client base on the east coast." Mr. Perkins will be primarily focused on serving technology industry clients in the Cambridge area, in addition to the broader New England region including New York City.

"There continues to be a growing demand for Bridge Bank's technology banking services, especially in Boston, where many innovative tech firms are headquartered," added Paul Gibson, senior vice president and market manager at Bridge Bank. "With his background in banking and working with venture capital and private equity firms, Chris will help to extend Bridge Bank's services to more companies who are seeking access to capital for growth and reinvestment."

Mr. Perkins was most recently with Massachusetts Growth Capital, and served as the chief investment and risk officer of a $75 million mezzanine fund. He has over 20 years experience in the financial services industry, and has focused much of his career on providing debt and equity financing to institutionally-backed companies across many industries, including technology manufacturing firms, in addition to working on restructuring and leveraged buyout transactions. Perkins holds a BA from Bates College and an MBA from Columbia University.

Bridge Bank specializes in providing superior service and customized banking solutions to small and middle-market, and emerging technology businesses. 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, construction loans, sustainable energy project financing, 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 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.