Nasdaq Panel Grants Bell Microproducts Filing Extension



    
    Company Obtains Waivers Under Lending Agreements

    Management Provides Business Update at Industry Conference
    

    SAN JOSE, Calif., March 8 /CNW/ -- Bell Microproducts, Inc. (Nasdaq:  
BELM), one of the world's largest storage-centric value-added distributors,
announced today the Company has received a written notification that the
NASDAQ Listing Qualifications Panel had granted the Company's request for
continued listing on The NASDAQ Stock Market, and has given the Company an
extension until May 22, 2007 to become current in its SEC filings.  While the
Company is working diligently to complete the review of its stock option
accounting practices and complete re-statements of prior period financials, it
may not be possible to complete these SEC filings prior to May 22, 2007.
Accordingly, if necessary, the Company will petition the NASDAQ Listing and
Hearings Review Council for an additional extension.
    The Company has also received waivers until May 31, 2007 under the
Company's credit agreements with Wachovia Capital Finance Corporation,
Wachovia Bank, National Association and the Teachers' Retirement Systems of
Alabama, with respect to the delivery of certain quarterly information and
documentation to its lenders.  These waivers are structured to coincide with
the timing of the NASDAQ extension.
    Company management also provided a general update of its business at the
Raymond James Institutional Investors Conference on March 7, 2007.  Consistent
with a business update the Company provided in January, it indicated that
revenue for 2006 was approximately $3.4 billion, including revenue in the
fourth quarter of 2006 of approximately $1 billion. A replay of Bell
Microproducts' presentation is available on the Company's website at
www.bellmicro.com.

    
    About Bell Microproducts
    
    Bell Microproducts is an international, value-added distributor of a wide
range of high-tech products, solutions and services, including storage
systems, servers, software, computer components and peripherals, as well as
maintenance and professional services.  An industry-recognized specialist in
storage products, this Fortune 1000 company is one of the world's largest
storage-centric value-added distributors.
    Bell Microproducts is uniquely qualified with deep technical and
application expertise to service a broad range of information technology
needs.  From design to deployment, its products are available at any level of
integration, from components to subsystem assemblies and fully-integrated,
tested and certified system solutions.  More information can be found in the
Company's SEC filings, or by visiting the Bell Microproducts website at
www.bellmicro.com.

    
    Safe Harbor Statement
    
    This release may contain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such forward-looking
statements, which include management's expectations regarding the timing of
the completion of the restatements of prior period financial statements and
the option review, involve certain known and unknown risks and uncertainties
which could cause actual results or facts to differ materially from such
statements for a variety of reasons including, but not limited the ultimate
outcome and timing of our financial statement restatement process, including
the stock option review, potential adverse effects to our financial condition,
results of operations or prospects as a result of any required adjustments to
prior period financial statements, and the incurrence of costs related to the
restatement, as well as the risks described from time to time in the Company's
reports to the Securities and Exchange Commission (including the Company's
Annual Report on Form 10-K).  Investors should take such risks into account
when making investment decisions. Shareholders and other readers are cautioned
not to place undue reliance on these forward-looking statements, which speak
only as of the date on which they are made. The Company undertakes no
obligation to update publicly or revise any forward-looking statements.





For further information:

For further information: Rob Damron, Investor Relations Representative
of  Bell Microproducts, Inc., +1-414-224-1668, or ir@bellmicro.com Web Site:
http://www.bellmicro.com/

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BELL MICROPRODUCTS, INC.

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