Bridges Transitions Inc.
TSX : BIT

Bridges Transitions Inc.

October 24, 2005 19:14 ET

Bridges Hires Investment Banker

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - Oct. 24, 2005) - Bridges Transitions Inc. ("Bridges" or "the Company") (TSX:BIT), a leading provider of career and educational planning solutions, today announces that it has retained the services of Alexander Capital Group Inc. of Toronto to advise the Board of Directors of the Company with respect to strategic alternatives to enhance shareholder value.

This retainer, made by the Board on the recommendation of management, reflects the belief that the company has substantial strategic value that is not being realized by its shareholders within its current context or structure. Alternatives under consideration may include a going-private transaction, the outright sale or merger of some or all of the Company or a strategic partnership.

The review by the Board and its advisors of potential strategic alternatives is expected to take a number of months and there is no certainty as to the possible outcome(s) of this process. There is no certainty that a transaction of any kind will be completed. The Company will advise of further developments as they become available.

About Bridges Transitions Inc.

Bridges is the leading provider of online education planning, career exploration, and high school/college test preparation resources designed to help students achieve education and career success. Over 14,000 schools and other agencies across North America use Bridges' products and services, representing about 30% of North American high schools. Over one million graduating high school students and three million junior, senior and sophomore students use Bridges' educational and career planning products every year. The Company is listed on the Toronto Stock Exchange under the symbol: BIT.

About Alexander Capital Group Inc.

Alexander Capital Group is an independent investment bank specializing in strategic business and capital markets advisory services (www.alexandercapital.ca).


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