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Technology Stocks : BRDG - BRIDGE TECHNOLOGY INC (was BTGY)

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To: Joe Copia who wrote ()11/18/1999 1:28:00 PM
From: Joe Copia   of 2
 
Bridge Technology Inc. (OTCBB: BTGY )

High Quality Board and a growing business with Asian and strong Chinese connections Including a joint venture with IBM.

RECENT NEWS:

GARDEN GROVE, Calif.--(BUSINESS WIRE)--Nov. 8, 1999

Bridge Technology Inc. (OTCBB:BTGY)

Monday reported continued revenue growth with sales of $6,389,233, up 27% for the three months ended Sept. 30, 1999 compared with $5,029,690 for the same period in 1998.
Net profit was $8,509 or $0.001 per share compared with a loss of $28,880 or $0.005 per share for the same period in 1998.

Sales for the nine months ended Sept. 30, 1999 were $19,603,791 up 36% as compared with $14,467,695 for the same period in 1998. Net income was $81,169 or $0.01 per share compared with a loss of $133,773 or $0.03 per share for the same period in 1998.

John Harwer, chief executive officer, also announced that Bridge Technology Inc. was focusing on further development of its wireless Internet access equipment venture through its Pacific Bridge Net subsidiary. Harwer also stated, ``The company is in negotiations with several corporations in
connection with this development work. Patent applications are being processed along with copyright applications.

``Bridge Technology Inc. is also seeking partners in the Asia area to promote these products and possibly organize joint ventures with local companies for building out wireless infrastructures.'

1999/2000 Board Of Directors
Tetsuji Aoyagi - CEO, Newcorp Technology, Ltd., Japan
James Djen - President, Bridge Technology, Inc.
John J. Harwer - CEO, Bridge Technology, Inc.
Fusahiko Hasegawa - President, Advanced Technology and Systems, Co., Ltd., IBM Japan Joint Venture
John T. Gauthier - CFO, Bridge Technology Inc.
Winston Gu - President, Frontier Electronics Corporation
Peter Liu - Chairman and CEO, W.I. Harper Group
Mike Paull - Managing Director, Microsoft Intelligent Home Systems Group
Alan Hui-Tse Sheen - Chairman, TCI Group, Inc.
Bob Hong - Chairman, TCI Group, Inc. ( Top Level Chinese Connections )
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