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CEO Defines Business at
Annual General Meeting



Bridges' annual general meeting on April 5 in Kelowna, B.C., featured President and CEO Doug Manning outlining Bridges' business directions over the next three years. The Connecting People to Opportunity presentation addressed the following growth opportunities:

  1. Core Business Growth - Bridges will expand its market leading position for e-guidance tools in the kindergarten-to-Grade 12 and college/government agency markets.

  2. E-Applications - working with partners like Xap Corporation, the company will use its 40 per cent market position in secondary schools to benefit from the emerging e-application business.

  3. E-Guidance Tools for Corporate/Consumer Markets - working with well known, well-positioned partners, Bridges will take its proven career e-guidance tools to new markets.
To view online multimedia versions of the Connecting People to Opportunity presentation go to http://corporate.bridges.com. Direct links are provided to:


Recent Accomplishments
and Developments


New Distribution Agreement with Worldwide HR Solutions Leader
In March, Bridges initiated expansion of its e-guidance career planning programs into the rapidly emerging market for self-guided professional career services. In a distribution agreement with Drake Beam Morin (DBM), Bridges' eChoices program will be made available to DBM clients on a fee-for-service basis, through DBM's extensive network of offices throughout North America.

Through this agreement, Bridges extends its reach into new markets for its leading resources. It also establishes a foundation for future distribution agreements in the corporate and consumer sectors.


Normal Course Issuer Bid
On February 21, 2001, Bridges announced its intention to make a normal course issuer bid. Under the terms of the bid, until February 25, 2002, the company may purchase up to 661,713 common shares in total. As at March 30, 2001, 56,700 shares have been acquired under the bid.


Bridges Posts Record Q1 Revenue
Q1 2001 was a record-setter for Bridges. Revenue of $3.56 million in the quarter was up 241 per cent from revenue of $1.04 million in Q1 2000. Over the past three years more than two-thirds of Bridges' revenue has been generated in the third and fourth quarters of the fiscal year.


MAT Results
Due to the seasonal nature of Bridges' revenue, a MAT (Moving Annual Total) calculation supports a clearer understanding of the company's fiscal trends.

Each point on a MAT graph represents the accumulation of either revenue or operating expenses for the previous four quarters. The graph (right) represents Bridges' MAT for the past 13 quarters, illustrating an increasing revenue trend and improving operating profitability.

Bridges' Moving Annual Total (MAT)

March trading

stock symbol: 
TSE:BIT

high
$2.75/share     Mar.
$3.00/share     Feb.

low
$1.95/share     Mar.
$2.55/share     Feb.

close
$2.00/share     Mar.
$2.70/share     Feb.

volume
137,173     Mar.
73,420     Feb.


About Bridges.com

Bridges is North America's leading provider of career and educational planning solutions.

Our market-leading resources effectively help people explore career and educational options, plan for their future, and apply to educational opportunities.

Over 14,600 schools, libraries, colleges and government agencies subscribe to our customized products. Bridges' resources are uniquely adapted to service a range of institutional, corporate, consumer and global markets.


Bridges.com Inc.

Product Info
Web sites
 cxinfo.bridges.com www.careerware.com

Corporate Info
Web site
corporate.bridges.com

For more information contact:

Norm Thompson
Corporate Development nthompson@bridges.com

Rick MacCabe
Investor Relations
rmaccabe@bridges.com

Phone:
250-869-4200

Toll-free:
1-800-281-1168

Fax:
250-869-4201
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