Bridges.com Inc. (TSE:BIT) is pleased to announce that it has filed a preliminary prospectus in British Columbia, Alberta, Manitoba, Ontario and Quebec to qualify the distribution of 3,250,000 Common Shares and 1,625,000 Common Share Purchase Warrants upon the exercise of 3,250,000 previously issued Special Warrants.

The Company completed the private placement of 3,250,000 Special Warrants on March 30, 2000.

As previously announced, each Special Warrant was sold at a price of CDN $5.55 generating gross proceeds of CDN $18.0 million. The proceeds from this offering will be used to fund the acquisition of Careerware, a business unit of ISM Information Systems Management Corporation, a wholly owned subsidiary of IBM Canada Ltd., and for general corporate purposes.

About Bridges.com

Bridges.com is the market leader in the provision of online career and educational services to North American middle and secondary schools. The company's community of individual career planners features over five million students in 25 per cent of North American middle and secondary schools.

Bridges.com's popular Career Explorer tool is used in over 5,600 sites across North America, recording more than 6.1 million page views each month. Its new Careerware division is the market leader in CD-ROM resources for the career services industry.

The company also publishes 14 online daily career news services, including customized services in North Carolina, Pennsylvania, West Virginia and Manitoba. Bridges.com's Web-based services keep people informed about emerging career opportunities, and enable them to take charge of achieving the future they desire. Bridges.com trades on the Toronto Stock Exchange as BIT.