Bell Microproducts Receives Additional Notice From Nasdaq; Delisting Deadline Remains Unchanged

    SAN JOSE, Calif., March 26 /CNW/ -- Bell Microproducts, Inc. (Nasdaq:  
BELM) (the "Company") today announced that it has received a Nasdaq Staff
Determination notice stating that the Company is not in compliance with the
filing requirements for continued listing as set forth in Nasdaq Marketplace
Rule 4310(c)(14) because the Staff had not received the Company's Annual
Report on Form 10-K for the period ended December 31, 2006.
    This notice was received in connection with the Company's ongoing,
previously disclosed proceeding before The Nasdaq Stock Market regarding the
continued listing of the Company's securities. The Company will file a
response to the Staff's notification with the Nasdaq Listing and Hearing
Review Council (the "Council").  The response that will explain that the
Company's failure to file its Form 10-K for fiscal year 2006 relates to the
inability to complete certified financial statements pending completion of the
continued work on the previously announced restatement, its 2006 audit and the
separate stock option review, and that the Company is working diligently to
complete both in order to become current in its periodic filings and satisfy
the continued listing requirement.
    As previously disclosed, Nasdaq initially informed the Company in a Staff
Determination notice dated November 14, 2006 that its securities would be
delisted due to the Company's delay in filing its Quarterly Report on Form
10-Q for the period ended September 30, 2006 unless an extension was granted
by Nasdaq.  The Company subsequently requested and was granted a hearing
before the Nasdaq Listing Qualifications Panel (the "Panel") and the Panel
granted the Company's request for an extension for continued listing until May
22, 2007, unless further extended by the Council in connection with an appeal
the Company has made to the Council.  The Council will consider the matters
giving rise to each Staff Determination notice when rendering a decision on
the Company's appeal.  There can be no assurance that the Council will grant
the Company any further extension to satisfy the continued listing requirement
set forth in Marketplace Rule 4310(c)(14).
    The Company intends to file its Annual Report on Form 10-K for the period
ended December 31, 2006, as well as its Quarterly Report on Form 10-Q  for the
period ended September 30, 2006, as soon as practicable.

    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 Web site at

    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 the Company's intentions with respect to filing its
Annual Report on Form 10-K for the period ended December 31, 2006 and its
Quarterly Report on Form 10-Q for the period ended September 30, 2006, involve
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 to the ultimate outcome and timing of the financial
restatement process and stock option review and the risk that additional
accounting issues may arise, 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 Web Site:

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