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"Kevin has proven his ability to provide creatively structured loans to companies and to successfully manage an experienced group of loan officers," said Michael Field, Executive Vice President and Manager of Bridge Bank's Technology Banking Division that includes the Technology Banking Group and Bridge Capital Finance Group. "Kevin provides top quality service to our nationwide corporate clients and is critical to the continued growth of Bridge Bank's Bridge Capital Finance Group and the recently formed Technology Banking Division." Mr. Walsh joined Bridge Bank in September 2004 as a Vice President Portfolio Manager with the Bank's Bridge Capital Finance Group, specializing in structured financing to emerging and later stage technology companies. As a manager of the Bridge Capital Finance Group, Mr. Walsh's responsibilities will be expanded to include oversight over the risk management activities within the Bridge Capital Finance Group and coordinating the Bank's overall sales efforts related to the asset-based lending sector. "Bridge Bank emphasizes its commitment to provide a full compliment of products and services to companies during their complete life-cycle," said Mr. Walsh. "We are looking forward to expanding and continuing to provide financial solutions to companies that are in need of creative financing." Bridge Bank's Bridge Capital Finance Group provides a variety of loan products including invoice-based financing, asset-based loans, purchase order financing, bridge loans, and vendor assurance to companies that require financing solutions that do not typically fall into traditional bank debt standards. Bridge Bank's Technology Banking Division offers a full range of banking products and cash management services to emerging and later stage technology and life science companies. The Bank offers short and long term credit solutions, growth capital, and a full suite of international credit products including foreign exchange, letters of credit, and EXIM financing as a Delegated Authority Lender with the Export Import Bank of the United States. To assist clients with cash and treasury management needs, Bridge Bank offers state-of-the-art Internet business banking and unique investment options through its Bridge Investment Services Group. Prior to joining Bridge Bank, Mr. Walsh was a Vice President Relationship Manger for Silicon Valley Bank's San Francisco Bay and Silicon Valley Divisions. At Silicon Valley Bank, Mr. Walsh was responsible for managing all aspects of his portfolio with a primary focus on working with Communications and Electronics companies. He managed a portfolio of technology companies encompassing over $80 million in commitments and $40 million in outstandings. Mr. Walsh is a graduate of the California State University at Hayward, where he earned a BS degree in Business Administration. Bridge Bank, N.A., headquartered in Silicon Valley, now has a presence in nine business markets throughout California. In addition to its newly established Technology Banking Division, the Bank operates full-service commercial banking offices in San Jose and Palo Alto, a commercial loan production office in the East Bay, the Bridge Capital Finance loan production office - offering structured, asset-based, and invoice based loans - in Santa Clara, a Small Business Administration loan production office in Sacramento, and four Small Business Administration loan sales representatives in the Fresno, Bakersfield, Orange County, and San Diego business markets. 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. 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, and emerging technology businesses in the Silicon Valley, Palo Alto, San Ramon-Pleasanton, Sacramento, San Diego, Bakersfield, Fresno, and Orange County 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 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; (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 Capital Holdings reports on Forms 10-K and 10-Q on file with the SEC. |
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