Sheryle Bolton Joins Bridge Capital Holdings Board
SAN JOSE, CA--(Marketwire - November 15, 2007) - Bridge Capital Holdings (NASDAQ: BBNK), whose
sole subsidiary is Bridge Bank, National Association, Silicon Valley's
professional business bank, announced today that Sheryle Bolton was
appointed to the company's Board of Directors. She was also appointed to
the subsidiary Bank's Board of Directors.
"We are very pleased to announce the addition of Sheryle to the Bridge
Capital Holdings Board. Her extensive and highly successful experience
will add considerable depth to the Board," said Allan C. Kramer, MD,
Chairman of Bridge Capital Holdings and the Bank. "Her leadership roles
with startups, IPOs and public companies will enhance Bridge Bank's client
service strategies into the future."
Sheryle Bolton has managed a variety of technology companies over the
course of her extensive business career. From 2005 to 2007, Ms. Bolton was
the founder and CEO of QUIXIT, Inc. Prior to QUIXIT, she was Chairman and
CEO of Scientific Learning Corporation, which she led through a highly
successful public offering in 1999.
"I am excited to serve on the board of such a fast growing and successful
bank," said Ms. Bolton. "I look forward to participating in the
development of bank strategy and capabilities to better serve Silicon
Valley businesses, a sector that is rich with opportunity for Bridge Bank."
In addition to her background of managing technology companies, Ms. Bolton
served as a director or trustee on the boards of over thirty domestic and
international Scudder-Kemper mutual funds with more than $60 billion of
assets under management. She also served as Vice President of Investment
Banking with Merrill Lynch Capital Markets and as a senior executive for
institutional clients with Rockefeller & Company, a global asset management
firm.
Ms. Bolton holds a BA in English and Masters in Linguistics from the
University of Georgia and an MBA from Harvard Business School.
She is a Trustee of Berry College and a Director of the East Bay YMCA. Ms.
Bolton has also served as the Chair of the Forum for Women Entrepreneurs
and Executives, a member of TechNet, SIIA, ASHA, and was chosen by her
Harvard Business School Classmates for a 2005 "Making a Difference" Award
for bringing brain research to K-12 reading challenges as CEO of Scientific
Learning. She has also been the subject of two Stanford Business School
cases for entrepreneurial studies courses.
Since opening in 2001, Bridge Bank has been recognized as one of the
fastest growing and best performing banks in California and the Nation. At
September 30, 2007, the Company reported total assets of $790 million and
year to date earnings of $8.2 million, an increase of 30% from the prior
year.
Bridge Bank specializes in providing superior service and customized
banking solutions to small and middle-market, and emerging technology
businesses, in Silicon Valley, California, and the nation. The bank's
product offerings include 24/7 internet-based business cash and treasury
management, on-line account statement and item imaging, remote deposit
capture, commercial lines of credit, construction loans, Small Business
Administration 7(a) and 504 loans as an SBA Preferred Lender
Participant-accredited direct lender, and factoring and asset-based loans
through its Bridge Capital Finance Group.
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
http://www.bridgecapitalholdings.com.
About Bridge Bank, N.A.
Bridge Bank is Santa Clara County'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, Redwood City, East Bay, Sacramento, San Diego, Orange County,
Dallas, TX, and Reston, VA business Communities. Bridge Bank provides
clients with a comprehensive package of business banking solutions
delivered through experienced and 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; and (7) future credit loss experience.