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Bridges Engages Investment Banker
May 28, 2003 Bridges.com, Inc. (the "Company") (TSX: BIT), North America's leading provider of career and educational management solutions, today announces that it has retained the services of ThinkEquity Partners to advise the Board of Directors of the Company with respect to strategic alternatives to enhance shareholder value. Alternatives under consideration may include the sale of the Company or some other form of merger or partnership. "We have entered into a new era of accountability in education that is creating new product opportunities in the education market", said John Simmons, CEO of Bridges. "Bridges has tremendous relationships with high schools, colleges and other career related institutions that we think can be very valuable to those who produce these new products." There can be no certainty as to the timing or outcome of this process, which may or may not ultimately lead to a sale of the Company. The Company will advise of further developments, as they become known. About Bridges About ThinkEquity Partners ThinkEquity's partnership structure is designed to leverage deep domain expertise across brokerage, investment banking and asset management businesses. With our focused knowledge, ThinkEquity aims to become an essential partner with the leading growth companies of today and tomorrow. For more information on ThinkEquity Partners please visit www.thinkequity.com. Forward-Looking Statements The foregoing includes forward-looking statements which are based on management's beliefs as well as on a number of assumptions concerning future events made by and information currently available to management. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement to the Corporation's services and products; customer demand for its products and services; expectations concerning future revenue and earnings; general economic and business conditions; control of costs and expenses; loss of key employees; stock market volatility; changes in laws and regulations; Bridges' ability to compete successfully and adapt to technological advances and changing industry standards; currency exchange rate fluctuations; economic, political, and other risks associated with national and international sales and operations; Canadian and U.S. government regulations; price and product competition; the ability to implement in a timely manner the Corporation's restructuring plans; the ability to form and implement alliances; and other factors and risks. All forward-looking statements in this news release are based on management's reasonable beliefs, intentions, and expectations with respect to future events and are subject to certain risks, uncertainties, and assumptions as of the date hereof. Readers are cautioned not to put undue reliance on such forward-looking statements which are not a guarantee of future performance and are subject to a number of risks, uncertainties and other factors -- many of which are outside of Bridges' control -- that could cause actual results, performances or achievements of Bridges to differ materially from any future results, performances or achievements expressed or implied by such forward-looking statements. The Corporation cannot give assurance that the forward-looking statements contained herein will be realized. Bridges assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact:
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