SOURCE: Bridge Capital Holdings

Bridge Capital Holdings

August 25, 2009 16:30 ET

Bridge Bank Funds $5.5 Million Credit Facility With E2 Consulting Engineers, Inc.

SAN JOSE, CA--(Marketwire - August 25, 2009) - 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 it has funded an accounts receivable line of credit with E2 Consulting Engineers, Inc., to support the internal growth the company.

"Bridge Bank has provided us with the support and resources to seek out new opportunities; and in today's demanding environment, we certainly appreciate that," said Hersh Saluja, Chief Executive Officer at E2 Consulting. "With a wide range of services and a clear understanding of our business, Bridge Bank has been an important part of our growth."

E2 Consulting plans to nearly double their staffing by early next year in order to keep up with new and growing projects. While they specialize in providing a full spectrum of services, their effective use of technology, creative thinking, and customer satisfaction has afforded them a growing opportunity not only in California, but throughout the nation.

"E2 has 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 with our relationship and it will be exciting to watch them grow."

Bridge Bank specializes in providing superior service and customized banking solutions to small and 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 E2 Consulting Engineers, Inc.

E2 Consulting Engineers, Inc. offers government and private-sector clients a full spectrum of professional services, including facility operations, engineering and design, environmental engineering, and project and construction management. They currently have a large staff of engineers, scientists and technical specialists with project offices throughout the United States. Visit E2 Consulting Engineers on the web at www.e2.com.

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 and middle market companies, and emerging technology businesses, in Silicon Valley, Northern California, and the Nation. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers. For additional information, visit the Bridge Bank website 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.