Bridge Technology, Inc. Reports Revenues Up 127% for Quarter.

Business Editors

GARDEN GROVE, Calif.--(BUSINESS WIRE)--May 16, 2000

Bridge Technology, Inc. (NASDAQ Small Cap: BRDG) a computer peripheral products and systems enhancement Company announced today their record revenues for the first quarter, ended March 31, 2000.

Revenues for the first quarter of 2000 increased to $21,750,963 -- more than double 1999 first-quarter revenues of $9,588,094. Net loss for the first quarter was ($64,084) or ($0.01) per basic share, compared with a profit of $216,554 or $0.02 per basic share.

Management attributes the strong increase in revenues to its expanded international distribution channels. The first quarter loss is attributed to write-off of goodwill in connection with the 60% acquisition of CMS Technology Limited, Hong Kong. In addition the Company incurred a 300% increase in research and development expenses from $57,686 to $191,715 for the three months ended March 31, 2000.

James Djen, President, commented "The Company's business model envisions strong growth for the full year 2000. While research and development continues to be the driving force with new products on the horizon, we also project strong earnings for the year."

Bridge Technology, Inc. manufactures, markets, and distributes digital recording, storage and communication components. The Company, with subsidiaries in the United States, Japan and Hong Kong, is also a design innovator for the data, voice, multimedia, Internet and wireless communication industries. More information on Bridge Technology, Inc. may be obtained over the Internet at www.bridgeus.com.

Safe harbor Statement under Private Securities Litigation Reform Act 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.