Newbridge Financial, Inc. Promotes Robert Spitler to President and Thomas Casolaro to Director of Sales of its Newbridge Securities Corporation Subsidiary

FORT LAUDERDALE, Fla., Jan. 29 /PRNewswire/ -- Newbridge Financial, Inc. ("NFI"), parent company of Newbridge Securities Corporation ("NSC"), a full-service securities broker-dealer and investment bank, is excited to announce the promotion of Robert Spitler to President and Thomas Casolaro to Director of Sales, effective February 1, 2010.

Mr. Spitler has been serving as the Chief Financial Officer for NFI for the past 8 years, as well as providing guidance to NSC and its management team regarding NSC's overall operations.

"I'm very enthusiastic about this opportunity and believe NSC is well positioned to become an industry leader in the financial services industry. I am proud to be part of such a wonderful team," said Robert Spitler.

Joining Mr. Spitler as part of NSC's management team will be Thomas Casolaro. Mr. Casolaro has been serving as NSC's Regional Sales Manager and has held various management positions at NSC for the past 6 years. All company personnel involved in sales of product as well as branch managers will report to Mr. Casolaro in connection with issues relating to sales over which he will have exclusive jurisdiction.

"I truly believe NSC has an incredible team and will continue to be a recognized name in the industry for years to come. I'm very excited and proud to be part of such a dynamic organization," said Thomas Casolaro.

"This transition is very important for NFI to develop its many subsidiaries, both in the financial services industry and in its other holdings. Bob and Tom have been very loyal contributors to our success at NSC and I'm convinced they will continue to show the quality of leadership they are known for," said Guy S. Amico, Chairman of NFI.

About Newbridge

Newbridge Financial, Inc. ("NFI") is the parent/holding company for NSC. NFI through NSC and its affiliated investment advisor Newbridge Financial Services Group ("NFSG") provides a range of full service securities brokerage, investment banking and advisory services to a broad based group of individuals and corporate clients.  In addition, NFI has other subsidiaries; Newbridge Mortgage Corporation, Newbridge Reality Corporation and Newbridge Capital Management.

For more information on Newbridge, please visit our public web-site at www.newbridgefinancial.com or www.newbridgesecurities.com

SOURCE Newbridge Financial, Inc.