PennyStockNews.net profiles NASDAQ Stock, Bridge, Technology, Inc. (NASDAQ: BRDG)
Market Wire, 20050229
PennyStockNews.net is currently profiling NASDAQ stock Bridge Technology, Inc. (NASDAQ: BRDG). The complete profile can be found at www.PennyStockNews.net. Below is an excerpt from the profile of this seemingly, undervalued company.
Bridge Technology, Inc. (NASDAQ Small Cap: BRDG)has positioned itself to take advantage of "normalized trade relations with China," and is also making the proper moves to become a player in the wireless internet industry. Just looking at Bridge Technology, Inc. from the "China" aspect makes it very attractive, but BRDG has so much more to offer. BRDG could easily become a star in the portfolio of the individual investor. The stock recently traded at its 52-week high of $17.50, but dipped to $4.50 on May 30, and bounced back to $8.50 on June 6.
BRDG was profitable in 1999, which can be attributed to its extremely wide-ranging and diverse product line, its extensive distribution agreements in the Pacific Rim and China, and the fact that it is geographically dispersed. In fact, by having put in place company entities that actually operate in the Pacific Rim area, BRDG is able to adapt to pacific Rim-area business practices and cultural nuances that often are barriers for companies attempting to penetrate those markets as "outsiders."
Bridge Technology, Inc. manufactures, markets, and distributes digital recording, storage and communication components and is also a design innovator for the data, voice, multimedia, Internet and wireless communication industries. The Company has established operating divisions and subsidiaries under several separate business names. Each of these operating entities is focused on certain specific products and sales channels. Through in-house development, joint ventures, licensing, and acquisition of leading edge technologies and companies, the Company is deploying new and leading edge technologies to create innovative products desired by personal computer Original Equipment Manufacturers (OEMs), value added resellers, system integrators, and ultimately by end users.
One of BRDG's several subsidiaries is: CMS Technology Limited is a profitable $51 million Hong Kong-based company that is an exclusive IBM-authorized distributor for China, affording BRDG an established channel for selling its products throughout China.
There is so much more to Bridge Technology, Inc. that can be mentioned in a short release. Please go to www.PennyStockNews.net for the complete profile.
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Media/IR Contact for Bridge Technology, Inc. TKO International Al Turano 303-850-7896 are some of the recent market volume leaders:
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