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Manages New International Banking Group
"We are delighted to have Jeannie on board as a member of our management team," said Daniel P. Myers, President and Chief Executive Officer of Bridge Capital Holdings and Bridge Bank. "Over her twelve year banking career in Silicon Valley, Jeannie has demonstrated unsurpassed knowledge and leadership in the intricacies of international banking-an important area for Bridge Bank as we expand our presence in the technology business sector." Bridge Bank's recently established International Banking Group provides a full complement of international banking products and services, including letters of credit, foreign exchange, global cash management, as well as financing products for export-related receivables and inventory. "This is a rare chance to assemble and direct a new banking group from the ground up, especially in a sector so crucial to the economic success of Silicon Valley and California. Many Valley companies sell their products and services in markets around the globe," said Ms. Kao. "And Bridge Bank is committed to offering the full array of products and services for those clients who depend on overseas sales to stay ahead in an increasingly competitive marketplace." Ms. Kao was most recently at Silicon Valley Bank, where she was Senior Vice President & Manager of International Credit Products in the International Division. In that capacity, she grew the bank's EXIM Working Capital portfolio from insignificant participation to a number one ranking in the nation for fiscal year 2004 in both the number of deals and total commitment amount. Ms. Kao was also responsible for obtaining EXIM Bank's Super Delegated Authority Lender Status, making Silicon Valley Bank one of only nine Fast Track Lenders nationwide. She managed an active portfolio totaling $180 million. With its newly formed International Banking Group, and in recognition of Ms. Kao's background and expertise, Bridge Bank has already been granted Delegated Lender Authority from the Export Import Bank of the United States. Bridge Bank's Technology Banking division offers a full range of banking products and cash management services to emerging, revenue, and later stage technology and life science companies in Silicon Valley and California. The Bank offers short and long term credit solutions, growth capital, and international credit as an accredited Delegated Authority Lender with the Export Import Bank of the United States. To assist clients with cash management, Bridge Bank offers state-of-the-art internet business banking, unique investment options through its Bridge Investment Services Group, and funds transfer and foreign exchange services through its International Banking Group. Previous to Silicon Valley Bank, Ms. Kao held several increasingly responsible positions in financial services, including relationship manager with Silicon Valley Bank's Pac Rim Group and Financial Consultant at Merrill Lynch. She started her banking career with General Bank of California in 1994. Ms. Kao has two masters degrees from the University of Illinois at Urbana-Champaign, Ill-one in finance and one in applied mathematics. She has a Bachelor of Science in Finance from National Taiwan University in Taipei, Taiwan. Ms. Kao is fluent in both Mandarin and Taiwanese. She is a resident of Cupertino. Bridge Bank, headquartered in Silicon Valley, now has eight offices throughout California. In addition to its newly established Technology Banking Group, the Bank operates two full-service commercial banking offices in San Jose and Palo Alto, a commercial loan production office in the East Bay, the Bridge Capital Finance-offering structured, asset-based, and factored loans - loan production office in Santa Clara, and four Small Business Administration loan sales offices located in Sacramento, Fresno, Bakersfield, and San Diego. 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 is listed on The NASDAQ Stock Market under the trading symbol BBNK. Visit Bridge Capital Holdings on the web at www.bridgecapitalholdings.com. About Bridge Bank, N.A. Bridge Bank, N.A. is Santa Clara County's newest full-service business bank. The bank is dedicated to meeting the financial needs of small and middle market, and emerging technology businesses, in the Silicon Valley, Palo Alto, Sacramento, San Ramon-Pleasanton, San Diego, Los Angeles, Bakersfield, and Fresno business communities. 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 StatementsCertain 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; (7) future credit loss experience; (8) the ability to satisfy requirements related to the Sarbanes-Oxley Act and other regulation on internal control; (9) civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; and (10) the involvement of the United States in war or other hostilities. The reader should refer to the more complete discussion of such risks in Bridge Bank N.A.'s annual reports on Forms 10-K and 10-Q on file with the Office of the Comptroller of the Currency and in the Form 10-Q of Bridge Capital Holdings on file with the SEC.
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