Manhattan Bridge Capital, Inc. Reports Second Quarter Results 158% Increase in Net Income

NEW YORK, N.Y. August 3, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)

         Manhattan Bridge Capital, Inc. announced today that total revenue for the three month period ended June 30, 2010 was approximately $315,000 compared to approximately $250,000 for the three month period ended June 30, 2009 an increase of 26%. For the three month period ended June 30, 2010, $260,000 of the Company's revenue represented interest income on the short term secured commercial loans that the Company offers to small businesses compared to $204,000 for the same period in 2009, and $55,000 represents origination fees on such loans compared to $46,000 for the same period in 2009. The increase in revenue represents an increase in lending operations.

Manhattan Bridge Capital Engages Avalon Group, Ltd. to Explore Strategic Initiatives
NEW YORK, N.Y. July 12, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) (“Manhattan Bridge Capital” or the “Company”), today announces that it had engaged Avalon Group, Ltd., a New York City based investment banking firm, as a financial advisor to explore strategic initiatives including capital formation, business development and growth aimed at enhancing shareholder value.

Seeking Alpha Issued a Report on Manhattan Bridge Capital
NEW YORK, N.Y. May 18, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), provides short term, secured, non-banking, commercial loans to small businesses, announced today that on May 12, 2010, it was featured on SeekingAlpha.com. The article headlined “Manhattan Bridge Capital: An Actual Ben Graham Value Stock” by Hester.  The article mentions that the Company provides factoring loans, but these loans are not currently provided by the Company. 

Manhattan Bridge Capital, Inc. Reports First Quarter Results  45% Increase in Income from Operations
NEW YORK, N.Y. May 6, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)
      Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2010 were approximately $291,000 compared to approximately $232,000 for the three month period ended March 31, 2009 an increase of $59,000 or 25%.  In 2010, $236,000 of the Company’s revenue represented interest income on the short term secured commercial loans that the Company offers to small businesses compared to $194,000 for the same period in 2009, and $55,000 represents origination fees on such loans compared to $38,000 for the same period in 2009. The increase in revenue represents an increase in lending operations.

Manhattan Bridge Closes-out winning year” by the Bowser Report April 2010
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Manhattan Bridge Capital, Inc. Reports Fiscal Year 2009 37% Increase in Revenue and Profitable Operations

NEW YORK, N.Y. March 17, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN)

Manhattan Bridge Capital, Inc., announced today that total revenue for the year ended December 31, 2009 was $1,039,000 from interest and fees on loans compared to $758,000 for the year ended December 31, 2008, an increase of $281,000 or 37.1%. The increase in revenue represents an increase in lending operations.

Manhattan Bridge Capital Named “Company of the Month” by the Bowser Report in the February 2010 Issue

NEW YORK, N.Y. February 18, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), today announced that it has been named “Company of the Month” by the Bowser Report in the February 2010 edition. The Bowser Report is a monthly subscription-based newsletter which highlights small-cap stocks trading on the NYSE, NASDAQ and AMEX at $3.00 per share or less. The Bowser Report, founded by Max Bowser, now in its 34th year, was selected as one of the top ten newsletters in 2005 by the Hulbert Financial Digest.

Manhattan Bridge Capital Named “Company of the Month” by the Bowser Report in the February 2010 Issue

BarelKarsan.com Releases a Report on Manhattan Bridge Capital

NEW YORK, N.Y. February 5, 2010 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN), today announced that on January 15, 2010, it was featured on BarelKarsan.com. The article headlined “Bridging The Value Gap” by Saj Karsan. The article identifies Manhattan Bridge Capital as a potentially undervalued company.

Manhattan Bridge Capital, Inc. Reports Third Quarter Financial Results - Further Increased Revenue and Earnings
         
NEW YORK, N.Y. November 2, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today that total revenue for the three month period ended September 30, 2009 was approximately $289,000 compared to approximately $200,000 for the same period in 2008, an increase of $89,000 or 44.5%. For the three month period ended September 30, 2009, $235,000 of the Company's revenue represented interest income on the short term secured commercial loans that the Company offers to small businesses compared to $178,000 for the same period in 2008, and $54,000 represents origination fees on such loans compared to $22,000 for the same period in 2008.

Manhattan Bridge Capital, Inc. Regains Full Compliance with NASDAQ Marketplace Rule 5550(a)(2)

NEW YORK, N.Y. October 29, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) announced today that the Company received a letter from the NASDAQ on October 28, 2009 that it has regained full compliance with NASDAQ Marketplace Rule 5550(a)(2), NASDAQ’s minimum stock bid price requirements to remain listed on the NASDAQ Stock Market.  Regaining compliance resulted from its stock having had a closing bid price at or above $1.00 per share for 10 consecutive trading days.

Manhattan Bridge Capital, Inc.Announces the Buyback of up to 100,000 of its Common Shares

NEW YORK, October 26, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) announced that its Board of Directors has authorized a common stock repurchase allowing the buyback of up to 100,000 common shares in market or off-market transactions at prevailing prices over the next twelve months.
The manner, timing and number of shares purchased will be at the Company’s discretion.
Assaf Ran, Chairman of the Board and CEO stated, “As our stock is trading at such a discounted value and as we continue our growth and spotless performances record, I believe that the best investment that our company can pick is an investment in our own stock.”
 “Therefore, I praise the board decision to buy back up to 100,000 shares.” Added Mr. Ran.

Manhattan Bridge Capital, Inc. Received a 180 days’ Notice to Regain a $1 Minimum Bid Price Required by Nasdaq for Continued Listing

Manhattan Bridge Capital, Inc. Reports Second Quarter Financial Results - Further Increased Revenue

NEW YORK, August 3, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news)

Manhattan Bridge Capital, Inc. announced today that total revenue for the three month period ended June 30, 2009 was approximately $250,000 compared to approximately $179,000 for the three month period ended June 30, 2008 an increase of $71,000 or 40%. For the three month period ended June 30, 2009, $204,000 of the Company's revenue represented interest income on the short term secured commercial loans that the Company offers to small businesses compared to $164,000 for the same period in 2008, and $46,000 represents origination fees on such loans compared to $15,000 for the same period in 2008.

Manhattan Bridge Capital, Inc.  Announces an Increase in the Amount of Cash to its Lending Operations

NEW YORK, June 24, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) announced today that the company’s board of directors authorized management to increase the cash limit allocated to the lending business from $7 million to $14 million.

Manhattan Bridge Capital, Inc. Reports First Quarter Financial Results; Increased Revenues

NEW YORK, May 12, 2009 / GLOBE Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news)
Manhattan Bridge Capital, Inc. announced today that total revenues for the three month period ended March 31, 2009 were approximately $232,000 compared to approximately $165,000 for the three month period ended March 31, 2008 an increase of $67,000 or 41%. In 2009, $194,000 of the Company’s revenue represented interest income on the short and long term secured commercial loans that the Company offers to small businesses compared to $147,000 for the same period in 2008, and $38,000 represents origination fees on such loans compared to $18,000 for the same period in 2008.

Manhattan Bridge Capital, Inc. Reports Fiscal Year 2008 Consolidated Financial Statements

NEW YORK, March 18, 2009 / GLOBAL Newswire / -- Manhattan Bridge Capital, Inc. (NASDAQ: LOAN - news)
Manhattan Bridge Capital, Inc., announced today that total revenue for the year ended December 31, 2008 was $758,000 compared to $221,000 for the year ended December 31, 2007, an increase of $537,000 or 243%. This increase in revenue represents an increase in lending operations. $684,000 of 2008 revenue represents interest income and $74,000 of revenue represents origination fees on loans made. As of December 31, 2008 the aggregate amount of loans made since inception was $10,267,000 of which $4,705,000 has been collected.

Manhattan Bridge Capital, Inc. Reports Third Quarter Financial Results

NEW YORK, October 30, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news)
Manhattan Bridge Capital, Inc. announced today that income from continuing operations for the three month period ended September 30, 2008 was $0.02 per basic and diluted share, versus loss from continuing operations of ($0.01) per basic and diluted share for the three month period ended September 30, 2007.

Manhattan Bridge Capital, Inc. Regains Full Compliance with NASDAQ Marketplace Rule 4310(c)(4)
NEW YORK, September 25, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN),(the “Company”) today announced that on September 24, 2008, it received notice from NASDAQ that it has regained full compliance with Rule 4310(c)(4), NASDAQ’s minimum stock bid price requirements to remain listed on the NASDAQ Stock Market.  Regaining compliance resulted from its stock having had a closing bid price at or above $1.00 per share for 10 consecutive trading days.

Manhattan Bridge Capital, Inc. and GreenHills Ventures Wealth Management, LLC., to form a Strategic Alliance
NEW YORK, August 12, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news) and GreenHills Ventures Wealth Management Holding, LLC., a subsidiary of GreenHills Ventures, LLC. (“GreenHills”) announced today the entry into a letter of intent to form a strategic alliance. In the alliance the companies will share deal flow, create a “one stop shop” solution to potential customers and leverage the other’s screening, evaluating and financing capabilities. Both companies shall also share information on customers and coordinate financing transactions. In addition GreenHills will assist Manhattan Bridge Capital with obtaining a warehouse line of credit.

Manhattan Bridge Capital, Inc. Reports Second Quarter Financial Results
NEW YORK, August 6, 2008 / PRIME Newswire / -- Manhattan Bridge Capital, Inc. (Nasdaq: LOAN - news)    Manhattan Bridge Capital, Inc. announced today that net income for the three month period ended June 30, 2008 was $0.02 per basic and diluted share, versus net loss of (0.11) per basic and diluted share for the three month period ended June 30, 2007.

DAG Media Announces Name Change to Manhattan Bridge Capital, Inc.
NEW YORK, July 21, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced today that it will change its name to Manhattan Bridge Capital, Inc. and adopt the new NASDAQ trading symbol “LOAN” effective July 24, 2008. The Company’s main website will change from www.dagmedia.com to www.manhattanbridgecapital.com

DAG Media Announces an Increase in the Amount of Cash to its Lending Operations
NEW YORK, May 14, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced today that the company’s board of directorsauthorized management to increase the cash limit allocated to the lending business from $5 million to $7 million

DAG Media Announces the Buyback of up to 150,000 of its Common Shares
NEW YORK, May 13, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) announced that its Board of Directors has authorized a common stock repurchase allowing the Buyback of up to 150,000 Common Shares in market or off-market transactions at prevailing prices. over the next twelve months.

DAG Media, Inc. Reports First Quarter Financial Results
NEW YORK, May 12, 2008 / PRIME Newswire / -- DAG Media Inc. (Nasdaq: DAGM - news)
DAG Media, Inc. announced today that net income for the quarter ended March 31, 2008 was $0.04 per basic and diluted share (based on 3.236 million shares), or $139,741, versus net loss of (0.05) per basic and diluted share (based on 3.236 million shares)or ($156,065) for the period ended March 31, 2007.
Total revenue for the period ended March 31, 2008 were $165,000 versus total revenue of $1,000 for the period ended March 31, 2007.  The revenue in the first quarter mainly represents interest income on short term loans of $147,000 and origination fees on these loans of $18,000 made through DAG Funding.

DAG Media Received a 180 days’ Notice to Regain a One Dollar Minimum Bid Price Required by Nasdaq for Continued Listing
NEW YORK, April 18, 2008 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM) announced today it has received a letter from the Nasdaq on April 16, 2008 indicating that it has a period of 180 days to rectify its compliance with nasdaq stock market continued listing standards as described below.
On April 16, 2008, DAG Media, Inc. (the “Company”), received a letter from the NASDAQ Stock Market ("Nasdaq") indicating that the bid price per share for the Company's common stock for the last 30 consecutive business days had closed below the $1.00 minimum bid price required for continued listing under  Marketplace Rule 4310(c)(4).

DAG Media, Inc. Reports Fiscal Year 2007 Consolidated Financial Statements
NEW YORK, March 17, 2008/PRNewswire/ -- DAG Media Inc. (Nasdaq: DAGM - news)
Dag Media, Inc., announced that net income per common share for the fourth quarter of 2007 was $319,317 or $0.10 per basic and diluted share (based on 3.236 million shares). This income includes an income tax benefit of approximately $183,000, which reflects a change in estimate resulting from changes in prior years’ tax positions.
Total revenue for the year ended December 31, 2007 were $221,000 compared to $10,000 for the year ended December 31, 2006, of which $210,000 represents interest income on short term loans made through DAG Funding.

DAG Media, Inc. Reports Third Quarter Financial Results
NEW YORK, November 13, 2007 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news) DAG Media, Inc. announced today that net income per common share was $0.05 for the three month period ended September 30, 2007, versus basic and diluted net loss per common share of $(0.04) for the three month period ended September 30, 2006. The increase in net income is mainly due to income from its new short-term secured business lending operations through DAG Funding Solutions, Inc., (“Dag Funding”) a wholly owned subsidiary formed in May 2007, as well as income from discontinued operations associated with a gain on the sale of the directories business and a write-off of Shopila’s liabilities in accordance with the company decision to discontinued operations of Shopila and cease making advances to it.

DAG Media, Inc. Reports second Quarter Financial Results
NEW YORK, August 10, 2007 / PRIME NEWSWIRE/ -- DAG Media, Inc. (Nasdaq: DAGM - news)
DAG Media, Inc. announced today that net sales for the three month period ended June 30, 2007 were $47,000 versus net sales of $0 for the same period in 2006.  This increase in net sales is mainly due to the sales made through DAG Media, Inc.’s subsidiary, Shopila, Inc.’s marketplaces.

DAG Media Announces the Launch of DAG Funding Solutions
NEW YORK, June 11, 2007 (PRIME NEWSWIRE) -- DAG Media, Inc. (Nasdaq:DAGM) announced today the launch of a wholly owned subsidiary called DAG Funding Solutions, Inc. formed to carry out a new business initiative centered on money lending services to businesses.

DAG Media, Inc. Reports First Quarter Financial Results
May 9, 2007 - NEW YORK - Dag Media, Inc. today announced that basic and diluted net loss per common share was $(0.05) in for the period ended March 31, 2007 versus basic and diluted net loss per common share of $(0.12) for the period ended March 31, 2006. Net sales for the period ended March 31, 2007 were...   read more

DAG Media, Inc. Reports Fiscal Year 2006 Consolidated Financial Statements
March 26, 2007 - NEW YORK - Dag Media, Inc. announced today that basic and diluted net loss per common share was $(0.05) in fiscal year 2006 versus net loss per common share of $(0.16) in fiscal year 2005. Net sales from continuing operations for the year ending on December 31, 2006 were $232,000 versus net sales...   read more

DAG Media, Inc. Reports Third Quarter Financial Results
November 07, 2006 - NEW YORK - On October 11, 2006, we entered into a Stock Purchase Agreement with Mr. Guy Mushkat, the founder and Chief Executive Officer of Shopila Corporation, an e-commerce software developer and the operator of www.shopila.com. Pursuant to the terms of the Stock Agreement...   read more

DAG Media, Inc. Acquires 80% of the Shares of Shopila Corporation
October 12, 2006 - NEW YORK -DAG Media, Inc., announced today that it had purchased 80% of the shares of Shopila Corporation ("Shopila") from Guy Mushkat for $100,000 in cash, 50,000 restricted shares of DAG Media's Common Stock and an option to purchase 50,000 shares of DAG Media's Common Stock under...   read more

DAG Media, Inc. Reports Second Quarter Financial Results
August 14, 2006 - NEW YORK -DAG Media, Inc., announced today that net income for the quarter ended June 30, 2006 was $445,000 versus net loss of $16,000 for the same period last year, the net income was attributable to the gain on the sale of the Directories business, as defined below amounting to $766,000.   read more

DAG Media Launches National Online Yellow Pages Solution http://www.nextyellow.com
June 19, 2006 - KEW GARDENS, N.Y. - DAG Media, Inc. -DAGM, through its subsidiary DAG Interactive, Inc. announced the launch of Next Yellow (http://www.nextyellow.com), an online solution where local businesses contact consumers in response to online product and service requests -- instead of consumers making the calls. Next Yellow hopes to ultimately... read more

DAG Media, Inc. Reports First Quarter Financial Results
May 15, 2006 - NEW YORK -DAG Media Inc. -On February 6, 2006, DAG Media, Inc. (the "Company") entered into an asset purchase agreement to sell the assets and liabilities of our two Jewish Directories, The Jewish Israeli Yellow Pages and The Jewish Master Guide, also known as the Kosher Yellow Pages (the "Directories"), to DAG-Jewish Directories... read more

Forbes.com Reports on Online Local Search Market Heating Up
May 05, 2006 - NEW YORK -DAG Media, Inc.'s new venture NextYellow.com, a comprehensive online yellow pages that offers an innovative approach to the conventional online directory, was featured on Forbes.com. The article identifies Next Yellow as filling the void of what larger search engines have ignored... read more

DAG Media, Inc. Conference Call Access Information
April 25, 2006 - New York -DAG Media, Inc., provider of innovative online yellow pages solution: www.nextyellow.com, reiterates today that its executives will discuss the company's plan... read more
  To listen to the conference call, click here

With New Interface and Business Model, NextYellow Introduces Innovative Search Solution for Consumers
April 17, 2006 - New York -Rewriting the book on how consumers use yellow pages, DAG Interactive, Inc., a subsidiary of DAG Media, Inc., has introduced, http://www.nextyellow.com a comprehensive online yellow pages... read more

DAG Media, Inc. Reports Fiscal Year 2005 Consolidated Financial Statements
March 16, 2006 - New York -DAG Media Inc. announced today that advertising revenue for the year ended December 31, 2005 was $4,447,000 versus advertising revenue of $5,949,000 for fiscal year 2004, a decrease of $1,502,000 or 25.20%. Advertising revenues for the year ended December 31, 2004 included... read more

DAG Media, Inc. to Proceed with the Sale of the Assets and Liabilities of its Jewish Directories
February 06, 2006 - New York- DAG Media, Inc. announced today that, pending shareholder approval, it agrees to sell the assets and liabilities of its two Jewish directories, The Jewish Yellow Pages and The Jewish Master Guide (also known as the Kosher Yellow pages), to DAG... read more

DAG Media Introduces DAG Interactive Yellow Pages
Innovator Announces the Formation of a Subsidiary and
Execution of a Services Agreement With Ocean-7 Development, Inc.
December 05, 2005 - New York- DAG Media Inc. Dag Media announces today a formation of a subsidiary, DAG Interactive, Inc. ("DAG Interactive"), which will be held 80% by DAG media, Inc ("DAG Media"), and 20% by ocean-7 Development, Inc ("Ocean-7"). The objective of DAG Interactive is to introduce DAG Media's unique and innovative software solution... read more

DAG Media, Inc. Announced Today a Change in Its Board of Directors
December 05, 2005 - New York- DAG Media Inc. ("the Company") announced today a change in its Board of Directors. The Company announce today that Mr. Mark Alhadeff would replace Ms. Yael Shimor-Golan as a member on the Board of Directors. Mr. Mark Alhadeff is the president of Ocean 7, a prominent software... read more

DAG Media, Inc. Reports Third Quarter Financial Results
October 28 2005 - New York- DAG Media Inc., announced today that net advertising revenue for the quarter ended September 30, 2005 was $1,444,000 versus advertising revenue of $1,987,000 for the same period last year, a decrease of $543,000 or 27.3%. The decrease in revenue was attributable to the decrease in revenue... read more

DAG Media, Inc. Reports Second Quarter Financial Results
July 29 2005 - New York- DAG Media Inc., announced today that net advertising revenue for the quarter ended June 30, 2005 was $713,000 versus advertising revenue of $605,000 for the same period last year, an increase of $108,000 or 17.9%. The increase in revenues was attributable primarily to the increase in revenues... read more

DAG Media, Inc. Announces New Operating Plan;
Declares $0.10 per Share Quarterly Dividend During 2005
January 7, 2005 - New York- DAG Media Inc., today announced the proposed sale of its classified directories business, consisting of the Jewish Israeli Yellow Pages and the Master or Kosher Guide. The sale would include applicable trademarks, tradenames and other intellectual property. To assist it in the sale of its directories... read more

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