Bridge Bank Increases Sysorex Credit Line and Extends an Additional Term Loan for up to $12 Million in Financing


SAN JOSE, CA--(Marketwired - May 7, 2015) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced today that its Capital Finance Banking team has amended its revolving credit facility with Sysorex (NASDAQ: SYRX), a leading provider of Big Data software analytics and infrastructure solutions, to increase the credit limit from $6 million to $10 million and extend a new term loan in an aggregate principal amount of $2 million.

"By providing turnkey, end-to-end data analytics and IT infrastructure solutions, Sysorex is able to assist its clients by driving value and simplifying an increasingly complex business environment," said David Feiock, vice president in Bridge Bank's Capital Finance banking group. "We are thrilled to continue our partnership with the Sysorex team as they execute on their technology roadmap and growth initiatives, and expand their customer base," added Feiock.

Sysorex is a developer of big data analytics, mobile device solutions for enterprise and government customers worldwide. Its products include the AirPatrol location-based security and services platforms for cellular and WiFi devices, and the LightMiner Big Data Analytics solutions. It also offers a range of professional services focused on the development of custom cloud and converged infrastructure solutions.

"Bridge Bank is a true partner when it comes to reaching key milestones in our growth strategy," said Nadir Ali, Chief Executive Officer of Sysorex. "Its flexibility and creative approach to banking allows us to focus on delivering innovative solutions to an expanding global customer base with the knowledge that we have a committed banking partner behind us," he added.

About Sysorex
Through focused, custom technology solutions, Sysorex (NASDAQ: SYRX) provides cyber security, data analytics, cloud solutions, Mobile/BYOD solutions and strategic outsourcing to government and commercial clients in major industries around the world. From identifying security risks to helping clients realize value from their big data strategies, Sysorex has the experience, technology, partners, and agility to be your trusted IT partner. Visit www.sysorex.com, follow @SysorexGlobal and Like us on Facebook.

About Bridge Bank, National Association
Recognized by The Findley Reports as a Super Premium Performing Bank, and designated "Superior" by BauerFinancial and IDC, Bridge Bank is a full-service professional business bank founded in the highly competitive climate of Silicon Valley in 2001. From the very beginning, our goal has been to offer small-market and middle-market businesses from across many industries a better way to bank. Our technology banking division provides a broad range of financial solutions to venture-backed and non-venture-backed companies, enabling us to meet our clients' varied needs across all stages of business life. It's how we go about doing so that differentiates us from our competition. Bridge Bank's product offering includes growth capital, equipment and working capital credit facilities and treasury management solutions, along with a full line of international products and services and financing secured by domestic, government and foreign receivables. Learn more at the new www.bridgebank.com. Follow us @BridgeBank.

About Bridge Capital Holdings

Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on the NASDAQ stock market under the trading symbol BBNK. Bridge Bank Holding Company was recently admitted to Sandler O'Neill's Class of 2014 "Sm-All Stars" -- a select group of 35 top-performing publicly traded banks and thrifts from throughout the U.S. with market capitalization of up to $2.5 billion. For additional information, visit the Bridge Capital Holdings website at www.bridgecapitalholdings.com.

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