FOR IMMEDIATE RELEASE:

America II Electronics Reports Explosive Growth from Excess Inventory Programs

St. Petersburg, Fla. April 19, 2000 - With just one quarter of the year 2000 behind them, America II Electronics' Excess Purchasing Team is forecasting triple digit growth for the year.

As America II Electronics' director of excess purchasing, Joel Smith, details, "It's clear that our number of customer-consigned inventories will more than double by the end of 2000." Last year, the company's excess team multiplied its major consignment partners by five, quadrupled its number of available excess inventories, and doubled its staff in response to this growth.

America II Electronics President Jim Magee attributes the accelerated demand for inventory solution programs to natural tendencies within the industry. As he explains, "In today's manufacturing environment, rapid design changes, new technologies, and inaccurate marketing forecasts make excess inventory a challenge for the most experienced asset managers and CFOs. But," Magee continues, "another factor comes into consideration in an allocated market: the purchasing community focuses on plummeting supply, making it easy to overlook rapidly increasing inventory levels. With customer purchasing and manufacturing skyrocketing, the volume of excess inventory and customer demand for solutions to manage this excess is reaching critical mass."

In turn, Magee cites America II's response to these natural tendencies within the industry as the fuel behind the team's success. "OEMs and contract manufacturers have always sought inventory solution partners in distribution whose programs are built on quick response, quality and confidentiality. With so many new and small companies representing themselves as inventory solution providers, manufacturers are forced to spend more time and dollars to qualify potential partners. The truth is, hundreds of these companies present themselves as having the programs, but only a handful are actually full-service consignment providers. Sometimes making a trip to the potential partner's facility is the only fool-proof way to find out," Magee provides.

Following this philosophy, Smith spends many of his days touring OEMs and CEMs around the America II facility. "We encourage those in the market for inventory solution partners to visit our site. It's our way of reminding them that as a major electronic parts seller, America II has the ISO quality system, trained operations staff, large sales force, and online presence necessary to market their product and provide them with the best possible return on their initial investment - not to mention the physical space that's needed," Smith adds, referring to the company's recent acquisition of a 156,000-square foot warehouse dedicated to its inventory solution programs.

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