SOURCE: Bridge Capital Holdings

May 06, 2008 16:30 ET

Bridge Bank Opens San Francisco Technology Banking Office

Mike Lederman Named to Open and Manage New Office

SAN JOSE, CA--(Marketwire - May 6, 2008) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association announced today that it has opened a new San Francisco Region Technology Banking Loan Production Office. Mike Lederman, Vice President of Technology Banking, was appointed to manage the new office. The office was opened May 1st and is located at 425 Market Street in the financial district of San Francisco.

"We are pleased to have a professional business banker with Mike's experience expand our Technology Banking efforts in the San Francisco region," stated Daniel P. Myers, President and Chief Executive Officer of Bridge Bank, N.A. and Bridge Capital Holdings. "Mike will continue his successful efforts to bring Bridge Bank's unique business banking experience to more companies in the San Francisco region and help provide excellent client service to the region's technology and life science community."

During his five year career at Bridge Bank, Mr. Lederman has leveraged his knowledge of commercial banking, cash management, and investment experience to provide creative banking solutions to technology and life science companies in the Silicon Valley region. Prior to joining Bridge Bank, Mr. Lederman served in various lending positions with Silicon Valley Bank.

"Mike has an excellent track record in providing unique financial solutions to companies nationwide. He strives to provide 'out-of-the-box' financial solutions with the highest level of client service to the business community," said Michael Field, Bridge Bank's Executive Vice President and Technology Banking Division Manager.

"Technology and Life Science companies in the San Francisco region need a banking partner that understands how to provide creative financial solutions that will expand in complexity as their business grows. Bridge Bank provides a consultative approach to determining client needs, a complete and competitive set of products and services, and a high degree of customer service," said Mr. Lederman. "Bridge Bank has built a quality portfolio of clients in the Technology and Life Science industries in the San Francisco region, and we look forward to continuing our growth in this region with a dedicated Technology Banking Office."

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, a full suite of International products and services, on-line account statement and item imaging, remote deposit capture, commercial lines of credit, growth capital financing, construction loans, 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. Visit Bridge Capital Holdings on the web 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 describe future plans, strategies, and expectations, and are based on currently available information, expectations, assumptions, projections, and management's judgment about the Bank, the banking industry and general economic conditions. These forward looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward looking statements.

These risks and uncertainties include, but are not limited to: (1) competitive pressures in the banking industry; (2) changes in interest rate environment; (3) general economic conditions, nationally, regionally, and in operating markets; (4) changes in the regulatory environment; (5) changes in business conditions and inflation; (6) changes in securities markets; and (7) future credit loss experience.