Bridges.com July 1999 update
Bridges.com Inc
BIT
Shares issued 9,466,250
1999-07-13 close $3.3
Tuesday Jul 13 1999
Mr. Doug Manning reports
Career Explorer (CX) Subscribers 3,966 Strong
A total of 196 new site sales in June pushed the total number of CX subscribers to
3,966 -- representing more than 11 per cent of North American middle and
secondary schools. With five months left in fiscal 1999, Bridges.com is on track to
more than double the total number of 1998 CX subscribers. There were 2,259
CX subscribers in November of 1998.
"More schools are looking for quality Internet resources like Career Explorer,"
says Doug Manning, Bridges.com president and chief executive officer. "Bridges
will accelerate its sales initiatives in North America to take advantage of its
position as market leader. We intend to increase our sales force significantly this
summer to achieve this objective."
Bridges to Provide Daily Education News for Canada
Bridges.com has been contracted to work with CanLearn, a division of Human
Resources Development Canada, and CanWin, a national not-for-profit
organization, to provide a daily on-line educational information service to
Canadians. The resource, tentatively called the Learning News, will be tested
during the summer and made available to the nation in late September. The daily
education news service will be written in the same engaging style that has made
Career Explorer a success in daily career information publication via the Internet.
Dave Cousins Accepts Full-Time Position
David Cousins, co-founder of Bridges.com, has stepped down as director to
assume a full-time position with the company. Mr. Cousins will take responsibility
for human resources management.
"An Internet services company like Bridges.com needs to hire, retain and develop
top quality staff to maintain their edge in the market", says Mr. Manning, president
and CEO. "Dave was responsible for staffing earlier in our development and we
look forward to having him back on a full time basis." Mr. Cousins began full-time
employment at Bridges.com on July 5.
Schools Out for Summer, Yet Sales Continue
Page views for the summer months will decline as students and teachers trade
books for beaches. However, sales are projected to remain strong in July and the
earlier part of August. "The majority of our summer sales are in the United States
where many school districts don't secure funding until July," says Mike Martin,
vice-president of sales at Bridges.com. "We expect to see good results through
July as administrative staff in districts complete deals initiated earlier."
International Advisory Committee Very Positive
Develop the capability for young people to access Career Explorer from home.
Maintain your excellent and very successful on-line publishing procedure. Keep
CX content as diverse and engaging as possible. These are just a few of the
recommendations from the first International Advisory Committee meeting, held in
Kelowna, B.C., earlier this month. Representatives from national, provincial, and
state agencies evaluated and endorsed many CX publishing and design
procedures. More than 100 ideas and suggestions were gathered. The IAC will
play an advisory role for the Career Explorer resource via telecommunications.
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