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Bridges Appoints Big 5 Auditor to Assist in North American and Global Growth Strategy
December 24, 1999 Bridges.com Inc. is pleased to announce it has engaged the firm of Deloitte & Touche LLP to act as the Company's auditors and professional advisors. In addition to providing the company with auditing services, the Vancouver-based High Tech Group of Deloitte & Touche will also provide the range of services that will be needed as Bridges.com pursues a more aggressive expansion of its business in the U.S. and Internationally. Deloitte & Touche will provide focused expertise in the areas of international business, e-business and Internet-related services and corporate tax structuring. In addition, in line with Bridges.com's high growth strategy, Bridges.com will draw upon the public markets advisory expertise of Deloitte & Touche in such areas as financing, regulatory compliance and financial reporting. With the continued focus on the expansion in the U.S. market, the company will adopt recent US Securities and Exchange Commission (SEC) pronouncements regarding how Internet companies report revenues. Reporting in this manner will put the company on a level playing field with how results are reported by US publicly listed e-commerce/Internet companies and at the forefront with Canadian reporting issuers. Bridges.com specializes in continuous and customized publishing on the Internet. Its primary focus is services and products for the career development industry. Over 4,500 North American schools subscribe to Bridges.com's online resources, with a potential readership of over two million students. Bridges.com is a publicly traded company on the Canadian Venture Exchange (BIT). This announcement is subject to regulatory approval including the approval of the Canadian Venture Exchange. Bridges.com Inc. For further information please contact: Norm Thompson |
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The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
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