Bridge Technology, Inc. Announces Changes in Management.Business Editors & High-Tech Writers GARDEN GROVE, Calif.--(BUSINESS WIRE)--Aug. 1, 2002 John T. Gauthier, CFO See Chief Financial Officer. of Bridge Technology, Inc. (Nasdaq:BRDG BRDG Bridge ), a power electronics and channel distribution company today announced the addition of two outside independent new members to its Board of Directors, Thomas M. Davidson and Frances J. King. Mr. Davidson is Managing Director of Southporter Management Group in Greenwich, CT, a merchant bank providing investment and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to companies seeking expansion capital, acquisitions, merger partners or strategic alliances. Mr. Davidson brings to Bridge over 40 years of top financial management experience. He has held important financial management positions with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , Ford Motor Company, White Morton Corporation (NYSE NYSE See: New York Stock Exchange ) and Texas Gas Corporation (NYSE). He was Executive Vice President, Director and Chief Financial Officer with Arrow Electronics, Inc. (NYSE) from 1981 to 1989, a distributor of electronic components, when the company grew from $250 million to $2 billion in revenues. Mr. Davidson holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Columbia University, NY and a B.A. from Vanderbilt University, TN. Mr. King is a retired partner of Price Waterhouse where he served as partner in charge Northeastern U.S., Mid Atlantic States and Southeastern U.S. of their Valuation Services Group. Mr. King has over twenty-five years of direction valuation, studies of businesses both domestically and international. He directed eastern operations for Arthur D. Little Arthur D. Little, Inc. is the world's first management consulting firm. Founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts, Arthur D. Little pioneered the concept of contracted technology research. -- valuations, N.J., Valuation Research Corp., WI, Marshall & Stevens, NY and American Appraisal Associates, NY. Mr. King holds a MBA in Finance and Marketing from Hofstra University, NY and a BS in Civil Engineering from the University of Houston, TX. Both Mr. Davidson and Mr. King will also serve on the Company's Independent Audit Committee. Mr. James Djen, in addition to CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. will also serve as President replacing John Harwer who is no longer an Officer or Director of the Company. About Bridge Technology, Inc. Bridge Technology, Inc. is essentially a "time-to-market" power electronics and channel electronics marketing company with subsidiaries in the United States, Japan, Hong Kong, and China. Information on Bridge Technology, Inc. is presently being updated on our website at www.bridgeus.com. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements including, but not limited to, deployment of new services, growth of the customer base, and growth of the service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing, or other factors. Deviation may result from risk and uncertainties, including, without limitation, the company's dependence on third parties, market conditions for the sale of services, technical factors affecting networks, availability of capital, and other risks and uncertainties. The company disclaims any obligation to update information contained in any forward-looking statement. |
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