April 3, 2000

Bridges.com Inc. (TSE:BIT) released today financial results for the year ending November 30, 1999. The company more than doubled its market share, almost doubled its revenues and pre-tax earnings, and quadrupled the usage of its industry leading services. In addition, significant staffing and technical enhancements were made during the year to enable continued rapid growth in 2000.

Revenues of $4,616,177 were achieved in 1999, a 93 per cent increase over 1998 revenues of $2,392,880. These revenues are based on the retroactive adoption in 1999 of a new accounting policy for revenue recognition. The changes reflect recent U.S. Securities and Exchange Commission (SEC) pronouncements regarding revenue recognition for Internet companies and involve the deferral of revenue from online services and database assets ratably over the term of the contract.

Bridges.com generated $496,853 in pre-tax earnings in 1999, 87 per cent higher than 1998's $265,236 in pre-tax earnings. After taxes, earnings were $267,783, or $0.03 per share. In 1998, a tax recovery from prior years of $516,433 resulted in earnings of $781,669, or $0.09 per share. These figures were impacted by the company's early adoption of new income tax recommendations from the Canadian Institution of Chartered Accountants. At fiscal year end, the company had a strong balance sheet with $2.2 million in cash on hand.

Market share in North American middle and secondary schools increased from six per cent in 1998 to over 13 per cent in 1999. The rate of resubscription remained very high at 91 per cent, up from 1998's 90 per cent rate. Usage of Bridges.com Web-based services in 1999 exceeded 41 million page views, more than four times the 8.9 million page views recorded in 1998.

"Bridges.com continues to experience strong growth in the e-learning marketplace," said Doug Manning, CEO and President of Bridges.com. "During the last half of 1999, we doubled our sales staff, doubled our customer support team, more than quadrupled the size of our technical team, and significantly upgraded all of our technical systems. These strategic moves position us well for rapid growth in 2000."

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, featuring over 2.5 million students, recorded 21 million page views on Bridges.com tools in Q4 1999. Bridges.com's popular Career Explorer tool is used in over 5,100 sites across North America.

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.

(Download an Adobe .pdf version of this Press Release with Balance Sheets.)

Bridges.com
Norm Thompson
7B-1404 Hunter Court
Kelowna, BC
V1X 6E6
Tel: 250 862 8722
Fax: 250 862 8771
Email: info@bridges.com
Website: www.bridges.com