Bridges at a Glance

Bridges is a leading provider of products and services used by schools, universities and agencies to help people achieve education and career success. Over 13,000 schools and agencies use Bridges' products and services. Bridges' planning and exploration products give students and adults in transition reasons to achieve more -- exploring all their options, setting goals and making plans to get there.

• Common shares listed on the Toronto Stock Exchange (TSX: BIT)
• 12,311,379 shares outstanding
• 2004 Revenues for the year: $13.9 million (CAD)
• 2003 Revenues for the seven-month period: $4.8 million (CAD)
• 2002 Revenues for the year: $18.5 million (CAD)
• 2001 Revenues for the year: $19.5 million (CAD)
• 2000 Revenues for the year: $14.6 million (CAD)
• 1999 Revenues for the year: $4.6 million (CAD)
• 1998 Revenues for the year: $2.3 million (CAD)

Bridges Transitions provides comprehensive products and services that address a wide range of education needs. We draw on nearly three decades of organizational expertise to deliver solutions you can count on for affordability, ease-of-use, quality, reliability and exemplary support.

Bridges' Choices software, introduced in the 1970s, was among the world's first electronic career development tools and continues to lead the way for career information delivery systems. Our popular Choices Explorer resource, introduced in 1995, was among the first online career exploration and planning services for high schools and is the leading online exploration tool in high schools.

Change of Fiscal Year-End

Bridges' core markets follow a seasonal business cycle that begins in July when its educational customers prepare for the school year and ends in June of the following year. Bridges has aligned its fiscal year to this seasonal business cycle by changing its year-end to June 30. As a result of this change, the Company had a shortened fiscal year that enclosed the period from December 1, 2002 to June 30, 2003. The first fully normalized fiscal period was fiscal 2004, which enclosed the financial period that began July 1, 2003 and ended June 30, 2004.

Board of Directors         Terry M. Holland 1999   • Chairman, Bridges Transitions Inc.; President, Krystal Financial Corp John C. Simmons 1999   • Chief Executive Officer, Bridges Transitions Inc. Douglas J. Manning 1994   • President, Bridges Transitions Inc. Edward J. Hall 1995   • Co-President, Canadian Adult Communities Ltd. Scott B. Edmonds 2003   • Chief Financial Officer, Quadrus Financial Technologies Inc.

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Senior Management         John C. Simmons     • Chief Executive Officer Douglas J. Manning     • President John B. Walker     • Chief Financial Officer Donald A. Phillips     • Vice President, Marketing William R.M. Spittle     • Vice President, Product Development & Technology Norman R. Thompson     • Vice President, Corporate Development and Corporate Secretary

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News Events

September 2004 Vermont to use All Bridges Products Bridges Signs Florida to a Statewide, Three-Year Agreement Bridges introduces new Professional Services division July 2004 Bridges implements final phase of re-structuring, to accomplish goals of reducing costs, improve operating proficiency and matching efficiency of the best run companies in the educational publishing sector. June 2004 Bridges announces corporate name change to Bridges Transitions Inc. February, 2004 Bridges initiates pilot project with American School Counselor Association to create professional training network. September 2003 Bridges becomes an exclusive distributor of TestU Pre-Collegiate Test Prep Courses. April 2003 Bridges announces a partnership with Wiredscholar.com whereby Wiredscholar.com will provide financial aid information support for Bridges' iApply Web site (iapply.bridges.com). February 2003 Bridges announced that Mr. Scott Edmonds has been appointed to the Company's Board of Directors. Bridges announced that it received all required governmental and regulatory approvals to change its fiscal year-end from November 30 to June 30 effective immediately. Bridges announced that it offered to the Company employees a TSX-approved, Employee Share Option Reset Program. January 2003 Bridges announced that a term line of credit for CAD $1,200,000 had been negotiated and drawn with the Business Development Bank of Canada. Funds from this loan facility will be used for general working capital purposes. Bridges announced key financial performance indicators for the seven-month period ending June 30, 2003. November 2002 Bridges announced restructuring to reduce expenditures, streamline business processes, and solidify the company's leading position in its core markets. October 2002 Bridges ranked 242nd on Deloitte & Touche's North American Technology Fast 500 list. September 2002 Bridges placed 22nd on the Deloitte & Touche Technology Fast 50 list. June 2002 Business in Vancouver magazine's annual list of B.C.'s largest public companies ranked Bridges 79th, up from 92nd spot in 2001. May 2002 Bridges was named Canada's 14th fastest-growing technology company on Profit Magazine's Profit 100 list. April 2002 Announced a business partnership with Sallie Mae, the leading U.S. provider of higher education funding, for a co-branded version of Bridges' Career Advantage resource. The product includes an online course in career planning and a career information library. It will be marketed to Sallie Mae's wiredscholar.com customer base of high school and college students, parents and guidance professionals. February 2002 Launched the eGuidanceCenter, a new high school product co-produced with Peterson's, part of the Thomson Corporation. Announced a new initiative for the sale of Bridges' award-winning Paws in Jobland CD-ROM product. Paws in Jobland has opened a new market for Bridges -- 75,000 elementary schools across Canada and the U.S. January 2002 Signed two agreements with the U.S. military. The agreements include a 52-site Choices CT renewal contract with the U.S. Total Army Personnel Command (PERSCOM). Choices CT is being used by soldiers making the transition from the U.S. military to the civilian workplace at army bases throughout the U.S., Puerto Rico, Italy, Germany, Korea and Japan. The other agreement is a contract for Maine's Army and Air National Guard recruiters to use Choices CT. The company's sales strategy will be to leverage this initial sale broadly throughout the U.S. military recruiter market. November 2001 Paws in Jobland, Bridges' CD-ROM product for elementary schools, received the Career Education Citation from the Ontario School Counsellors' Association. October 2001 Doug Manning, Chief Executive Officer and President of Bridges, accepted the 2001 Ernst & Young Entrepreneur of the Year award in the E-Business category -- Pacific Region. September 2001 Bridges and Peterson's announced an agreement to co-produce the eGuidanceCenter for U.S. high schools. June 2001 Profit Magazine's Profit 100 list ranked Bridges as the 5th fastest-growing technology company in Canada. November 2000 Deloitte & Touche recognized Bridges as the 129th fastest-growing tech company in North America. More than 13,000 high schools in the Highwired.com community are now receiving selected Bridges career content each day -- significantly increasing the company's brand exposure in high schools, one of Bridges' most important target markets. October 2000 Bridges and Xap Corporation announced a strategic alliance to offer students online application services for college admission and financial aid information. Bridges has been identified as the ninth fastest-growing technology company in Canada, according to Deloitte and Touche's Fast 50 rankings for 2000. The rankings are based on corporate revenue growth over the previous five years. Bridges' annual revenues grew 3,157 per cent from 1995 to 1999. August 2000 Bridges signed a three-year agreement to provide career resources to schools in Florida. The agreement will see Choices and eChoices available in 650 secondary schools across the state. Agreements were also renewed to provide Career Explorer service to 770 public secondary schools in Ontario and a regionalized service for West Virginia. July 2000 Rapid revenue growth over the past five years earned Bridges recognition as one of Canada's fastest-growing technology companies, with a place on the Canadian Technology Fast 50 list for 2000. The Fast 50 program is sponsored by Deloitte and Touche, with support from the Business Development Bank of Canada, the National Post, the National Post Business, and other organizations.

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Contact Information

For corporate inquiries, contact: Norman R. Thompson VP, Corporate Development Phone: 1-250-869-4302 Toll-free: 1-800-281-1168 Fax: 1-888-349-3437 E-mail: nthompson@bridges.com (please include your phone number in your e-mail) USA Mailing Address Bridges Transitions Co. 33637-B Hwy 97 N. Oroville, WA 98844 Canadian Mailing Address Bridges Transitions Inc. Suite 200 - 1628 Dickson Ave. Kelowna, British Columbia Canada V1Y 9X1 To receive all news releases and other corporate information, please send a note, including your phone number, to: E-mail: investor-relations@bridges.com

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