Bell Micro Gets Extension

SAN JOSE, Calif. -- Bell Microproducts, Inc.(NASDAQ:BELM), one of the world's largest storage-centric value-addeddistributors, announced today the Company has received a writtennotification that the NASDAQ Listing Qualifications Panel had granted theCompany's request for continued listing on The NASDAQ Stock Market, and hasgiven the Company an extension until May 22, 2007 to become current in itsSEC filings. While the Company is working diligently to complete the reviewof its stock option accounting practices and complete re-statements of priorperiod financials, it may not be possible to complete these SEC filingsprior to May 22, 2007. Accordingly, if necessary, the Company will petitionthe NASDAQ Listing and Hearings Review Council for an additional extension.

The Company has also received waivers until May 31, 2007 under the Company'scredit agreements with Wachovia Capital Finance Corporation, Wachovia Bank,National Association and the Teachers' Retirement Systems of Alabama, withrespect to the delivery of certain quarterly information and documentationto its lenders. These waivers are structured to coincide with the timing ofthe NASDAQ extension.

Bell Microproducts