Bridge Technology Inc. Announces Second Quarter Results; Status of Wireless Internet Access Venture.

GARDEN GROVE Garden Grove, city (1990 pop. 143,050), Orange co., S Calif., a suburb of Long Beach and Los Angeles, on the Santa Ana River; founded 1877, inc. 1956. Many of its residents work in nearby aerospace and defense installations, and there is light manufacturing. , Calif.--(BUSINESS WIRE)--Aug. 16, 1999--

Bridge Technology Inc. (OTC OTC

See: Over-the-counter.

OTC

See over-the-counter market (OTC). BB:BTGY) Chief Executive Officer John Harwer Monday announced the financial results for the quarter ended June 30, 1999.

Revenues were $5,497,001, up 17 percent as compared with $4,699,246 for the same period in 1998. Net loss for the quarter was $45,117 or $0.01 per share as compared with a loss of $23,618 or $0.01 per share for the same period in 1998.

Revenues for the six months ended June 30, 1999 were $13,214,558, up 40 percent as compared with $9,438,005 for the same period in 1998. Net income for the six months ended June 30, 1999 was $72,660 or $0.01 per share as compared with a loss of $107,142 or $0.02 per share for the same period in 1998.

Harwer announced that the company has obtained the license to design, build, operate and maintain a wireless Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the infrastructure for Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County, from its strategic alliance partner Worldwide Wireless Internet Inc. Work will commence immediately with revenues from the system expected to be generated in 90 days.

The company also has exclusive rights to operate this wireless Internet access See how to access the Internet. system throughout Asia. These activities will be conducted through the company's subsidiary, Pacific Bridge Net.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Aug 16, 1999
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