Bridge Technology, Inc. Restructures Operations.

Business Editors & High-Tech Writers

GARDEN GROVE, Calif.--(BUSINESS WIRE)--Feb. 12, 2003

Bridge Technology, Inc. (Nasdaq Small Cap Market:BRDG), a data storage and communication components distribution Company, announced today a formal re-structure of the Company.

Mr. James Djen, President and CEO of Bridge Technology, Inc., stated that with a view towards returning to overall profitability, the Company will have its main emphasis directed towards the channel distribution of computer products, both in China and United States.

Mr. Djen said, "The Company is now better prepared to seek outside financing as it de-emphasizes its manufacturing operations which have generated substantial losses over the past two years. Our growth and profits in China and the U.S. were not sufficient to overcome these losses." Mr. Djen stated that the Company has been restricted to date in its discussions for outside financing by the lack of interest in the Nasdaq Small Cap Market System and, in particular, the common stock of Bridge Technology, Inc. which hopefully will change in the near future.

Bridge Technology, Inc. recently paid off its equity loan of $5,000,000 to IBM Global Credit and reduced its General Bank loan to $1,850,000 by making a payment of $1,050,000. The General Bank loan is now extended to June 30, 2003.

Mr. Djen also noted that the Nasdaq system has under consideration an extension of one year, until February 24, 2004, for Bridge Technology, Inc. and other companies, with their share price selling below $1.00 per share, to meet the minimum standard of $1.00 per share.

The Company expects to formally renew its master distribution contract for China with Hitachi Global Storage Technologies, who has recently purchased IBM's hard disk drive manufacturing business. Hitachi, Ltd. (NYSE:HIT)(TSE:6501) has announced that they have created this new hard drive (HDD) storage company with the most advanced technology, the most extensive product line, and the greatest global reach in the industry.

About Bridge Technology, Inc.

Bridge Technology, Inc. is a "time-to-market" Company that distributes digital recording, storage, and communication components and sub-assembly units, primarily to long standing OEM customers. The Company operates through subsidiaries in the United States, and Hong Kong. More information on Bridge Technology, Inc. may be obtained over the Internet at www.bridgeus.com.

Safe Harbor Statement under the 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.