08
per share ($.com. Additional
information about Advant -e Corporation can be found at http://www.com and
http://www.

ecommerce designing

Jason K.07
Weighted average
shares outstanding 6,403,174 6,244,917 6,325,218 6,244,917
Weighted average
shares outstanding,
assuming dilution 6,408,788 6,461,143 6,340,851 6 ,587,285

ADVANT-E CORPORATION AND SUBSIDIARY
CONSOLIDATED BALANCE SHEETS

December 31, December 31,
2005 2004
Assets

Current Assets
Cash and cash equivalents $1,763,435 944 ,892
Short-term investments 225,902 ---
Accounts receivable, net 351,482 290,394
Prepaid expenses and deposit 25,128 26,420

Total current assets 2,365 ,947 1,261,706

Software development costs, net 160,656 298,809

Property and equipment, net 262,523 271,604

Total assets 2,789,126 1,832,119

Liabilities and Shareholders ' Equity

Current liabilities
Accounts payable 44,838 39,681
Accrued salaries and other expenses 115,510 99,810
Income taxes payable 375,652 26,000
Deferred income taxes 26,000 ---
Deferred revenue 76,173 142,788

Total current liabilities 638,173 308,279

Deferred income taxes 136,000 191,000

Total liabilities 774,173 499,279

Shareholders' equity
Common stock, $.

commerce ram

Cordys
uses an event-driven ESB to simplify IT structure while providing an
integrated platform within which new functionality can be readily
created and deployed.com . Advant-e
specializes in horizontal transaction services via EnterpriseEC(R), an
Internet-based Trading Community Connectivity and Management Solution, and
within specific industries via web-based EDI services including
http://www.

ecommerce designing

"
The Cordys Alliance Program is a network of technology partners ,
system integrators, consulting companies, independent software
companies and resellers that provide customers with Cordys-based
solutions.
In 2005 the Company reported record revenues of $4 ,462,702 compared to
$3,600,732 for 2004. Net income
for 2005 was a record $600,318 or $. While this will likely reduce our short-term profitability, we are
confident that we can leverage our industry -leading position to bring new
value-added services to our existing and new customers.

ecommerce edi

today
announced its global Alliance Program, bringing together a growing
number of highly qualified business alliances into a global network to
service clients.com) helps companies to create more efficient
and collaborative business environments by enabling IT systems to be
integrated with new business processes, using Web-services. EACM's
assets under management have increased from $4. Mellon has approximately $4 .

Advant-e Corporation Announces Record Revenue and Net Income for 2005

, is a provider of Business-to-Business electronic commerce
software and Internet-based applications specializing in Electronic Data
Interchange (EDI) and XML-based solutions for recurring transactions. Factors that could cause results to differ include, but are not
limited to, successful performance of internal plans, product development and
acceptance, the impact of competitive services and pricing, or general
economic risks and uncertainties.

ecommerce bringing

EACM's dedicated team of investment professionals have
extensive experience designing, constructing and managing multi-manager
vehicles for clients located around the world. Headquartered in Pittsburgh, Mellon is one of the world's leading
providers of financial services for institutions, corporations and high net
worth individuals, providing institutional asset management, mutual funds,
private wealth management, asset servicing, human resources services and
treasury services.

ecommerce eai

Among the twenty dedicated alliances to commit to the Cordys
Alliance Program so far, are brij, BTRG, BWise, Capital Tool Company,
Global Learning Group, IFFCOTECH, Morpheus Group , Pragma, Systemation,
Tata Consultancy Services and Technology Solutions., EACM Advisors LLC, an
investment advisory firm specializing in fund of hedge funds and multi-manager
investment programs for institutional and other sophisticated clients, has
passed the $5 billion mark in assets under management, including more than
$3 billion in fund of hedge funds assets. We
have always been committed to managing the growth of our firm to best serve
our clients., focuses on hedge fund and
certain long-only investment strategies where it believes inefficiencies
create opportunity.
- Shareholders Equity Increased 51% -- From $1,332,840 in 2004 to
$2,014,953 in 2005
- Pre-Tax Profit of 21% -- Exceeded 20% for second consecutive year

Commenting on the year-end results, Mr.

integration bringing

The Cordys Alliance Program also enables software vendors and
global and regional consulting firms to develop, promote and market
their products, services and solutions in conjunction with Cordys'
technology. "Together,
we are pursuing mutually beneficial ways to further develop company
productivity, based on market demand and customer feedback," said
Cordys' Justin Anderson.
For the fourth quarter of 2005 the Company reported revenue of $1,203,771
and net income of $209,994 or $. I would like to thank the dedicated
Edict Systems team for exceeding this goal.

strategies implementing

Through the Alliance Program, Cordys is committed to
building strong relationships with industry leaders who know Cordys'
products and services and who are as dedicated as Cordys to providing
mutual customers with complete and competitive solutions."
In the hedge fund area, the firm uses low - and medium-volatility
strategies designed to produce consistent returns, Maisano said. "Now that our financial base is solid, our top priority for the
coming years is accelerated revenue growth through expansion of existing
offerings, new products and services, and increased sales and marketing
efforts.
The company's email is info@edictsystems.

implementing bringing

----Cordys, Inc.Company Reports 24% Increase in Revenue, 28% Increase in Net Income over Prior
Year

DAYTON, Ohio, Advant-e Corporation
(OTC Bulletin Board: AVEE), a provider of Internet-based business -to-business
electronic commerce services, today announced financial and operating results
for the year ending December 31, 2005. Allowing for income taxes
for 2005 which are payable in 2006 cash and short-term investments
increased 71% over 2004.

corporations boards

Cordys will heavily support its alliances by means of professional
assistance and training.03 0.

b2b ecommerce

This enables IT systems to rapidly respond to
changes in business processes and to new business initiatives.01 per share fully diluted) in
the fourth quarter of 2004. Our secondary goal for 2005 was
to diversify the markets we serve.RetailEC.com,http://www.MfgEC.

ADVANT-E CORPORATION AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF INCOME

Three Months Ended Year Ended
December 31, December 31,
2005 2004 2005 2004
Revenue $1,203,771 990,077 4,462,702 3,600,732
Cost of revenue 368,486 325,474 1,511,007 1,239,179
Gross margin 835,285 664,603 2,951,695 2,361,553
Marketing, general and
administrative expenses 539,793 440,492 2,010,911 1,562,621
Operating income 295 ,492 224,111 940,784 798,932
Other Income (expense), net 4,602 --- 9,734 (2,209)
Income before taxes 300,094 224,111 950,518 796,723
Income tax expense 90,100 97,000 350,200 327,400
Net income $209,994 127,111 600,318 469,323
Basic earnings per share $0.

xml boards

-based Newton Investment Management Limited.
Wadzinski.Advant-e.

implementing b2b

" says Justin Anderson,
President of Cordys Americas. In addition, a dedicated Cordys Alliances
portal will be available, providing alliances with a growing variety
of services such as knowledge base, forums, best practices, product
downloads, virtual bookshelf, tools and more.
Mellon Financial Corporation (NYSE: MEL) is a global financial services
company.09 per share compared to $469,323 or $.

Highlights of 2005 financial and operating results include:
- Revenue Increase for the fifth consecutive year -- Continued strong
acceptance of core Web EDI services to small and medium size suppliers
of large grocery and general merchandise retailers, automotive
manufacturers, and other large buying organizations
- Automotive Web EDI Revenue Acceleration -- Automotive Web EDI revenue
comprised 4% of total revenue in 2005 compared to a nominal amount in
2004
- EnterpriseEC(R) Revenue Growth of 45% -- Trading Community Connectivity
and Management Solution accounted for 11% of revenue in 2005 compared
to 9% in 2004
- Net Income Increase of 28% -- Net Income benefited from lower
amortization of software development costs in 2005 of $217,780 compared
to $332,430 in 2004
- Cash and Short-term Investments increased 111% -- Increase to
$1,989,337 in 2005 from $944,892 in 2004.09 0.

rhodon consumers

Its asset management companies include The Dreyfus Corporation
and U. The 24% increase in revenue is attributed to the
continued expansion and market acceptance of the Company's Internet-based
business -to-business electronic commerce subscription services. Our entry into the Automotive supply chain
with our Web EDI services for suppliers to large OEM's along with our suite of
trading community ramping services is proving to be successful.
Although the company believes that the expectations reflected on its forward-
looking statements are reasonable, it can give no assurance that such
expectations or any or its forward-looking statements will prove to be
correct.

testing pty

EACM Advisors Reaches $5 Billion in Assets

In announcing the achievement, Phillip Maisano, chief executive officer of
EACM , credited the firm's commitment to managed growth and the long-term
stability of the firm's senior management team.07 per share fully diluted) in 2004.com or by contacting investor relations at (937 ) 429-4288.

channel integration

EACM Advisors LLC, located in Norwalk, Conn.com.

strategies ecommerce

"As Service-Oriented Architecture driven solutions gain momentum,
the need for professional service organizations to support the
required system integration, architectural consulting and business
process optimization continues to increase .02 per share ($. In support of this goal, we plan on increasing our investment in
infrastructure , new product development, and sales and marketing related
costs.03 0.

b2b testing

He added that
managing growth has enabled the firm to retain a boutique atmosphere while
benefiting from the financial strength of Mellon Financial Corporation.CPGSupplier.01 0.

designing strategic

Cordys Brings Effective Business Solutions Globally Through New Alliance Program

Cordys is a global software company headquartered in Putten, the
Netherlands, which employs over 575 people in offices across the
Americas, Europe, China and India .K."

As a result, the Company's management offers the following guidance:
- Revenue growth goal of 24-28% in 2006
- Significant increase in capital spending on infrastructure, new product
development, and intensified sales and marketing efforts
- Pre-tax profit goal of 14-18%
- Continued expansion in core retail/grocery business and accelerated
growth in automotive, consumer durables and consumer packaged goods
markets

About Advant-e Corporation
Advant-e, via its wholly owned and sole operating subsidiary Edict
Systems, Inc.edictsystems.02 0.09 0.08
Diluted earnings per share $0.001 par value;
20,000,000 shares authorized;
6,403,714 outstanding at December 31,
2005 and 6,244,917 outstanding at
December 31, 2004 6 ,403 6,245
Paid-in capital 1,551,606 1,475,584
Accumulated other comprehensive income 5,615 ---
Retained earnings (deficit) 451,329 (148,989)

Total shareholders' equity 2,014,953 1,332,840

Total liabilities and shareholders' equity $2,789 ,126 1,832,119

ADVANT-E CORPORATION AND SUBSIDIARY
CONSOLIDATED STATEMENTS OF CASH FLOW

Year Ended December 31,
2005 2004

Cash flows from operating activities:
Net income $600,318 469,323
Adjustments to reconcile net income to
net cash flows from operating activities:
Depreciation 110,721 80,637
Amortization of software
development costs 217,780 332,430
Deferred income taxes (32,800) 301 ,400
Net realized losses on available-for-sale
investments 2,222 ---
Increase (decrease) in cash arising
from changes in assets and liabilities:
Accounts receivable (61,087) (74,499)
Prepaid expenses 1,291 (10,233)
Accounts payable 5,157 (32,491)
Accrued salaries and other expenses 15,700 27,943
Income taxes payable 349,652 26,000
Deferred revenue (66,615) 51 ,857

Net cash flows from
operating activities 1 ,142,339 1,172,367

Cash flows from investing activities:
Purchases of available -for-sale
investments (253,877) ---
Proceeds from sale of available-for-sale
investments 35,168 ---
Purchases of equipment (101,640) (183,554)
Software development costs (79,627) (149,561)

Net cash flows from investing
activities (399,976) (333,115)

Cash flows from financing activities:
Issuance of common stock 91 ,500 ---
Payments on notes --- (94,965)
Payments of direct costs of securities
registration (15,320) (15,843)

Net cash flows from financing
activities 76,180 (110,808)

Net increase in cash and cash equivalents 818,543 728,444

Cash and cash equivalents, beginning of period 944,892 216,448

Cash and cash equivalents, end of period $ 1,763,435 944,892

Supplemental disclosures of cash flow items:
Interest paid $--- 3,042
Income taxes paid $33,348 ---

The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and uncertainties,
including statements to the future financial performance of the company.

ram integration

-ends-

Notes to editors

About Cordys

Cordys (www. Cordys
makes existing IT systems future-proof, at acceptable costs and at a
company's own pace.

xml remedi

"By partnering with leading companies in
each of these key areas, Cordys both increases its reach and ensures
that there are always educated partners available to help customers to
maximize the benefits of its ground breaking technology.cordys. Total Includes over $3 Billion in Fund of Hedge Funds

NORWALK, Conn.6 billion since August 2004,
when it became a Mellon subsidiary .0 trillion in assets under
management, administration or custody, including $707 billion under
management .03 per share, compared to revenue of $990,077
and net income of $127,111 or $. Wadzinski, CEO of Advant-
e stated, "Our primary goal in 2005 was to achieve 20% pre-tax profit while
growing revenue at an acceptable level.
In addition to Internet and web-based e-commerce solutions, Edict Systems
also provides e-commerce integration and bar coding applications.

eai ram

b2b ram

The Cordys Alliance Program will now make the Cordys
technology and related solutions accessible to businesses through the
professional network of valued alliances.mellon.com and
http://www.

strategic developing

Business Editors

STERLING, Va . The selected system integration and outsourcing alliances
are highly respected organizations that have thorough knowledge of
business process management (BPM), composite applications, enterprise
application integration (EAI) services, project management, in
addition to industry and domain expertise. Noting that the milestone was
attained in early January, Maisano said, "We have successful client
relationships which date back to 1984, a noteworthy sign of stability. "Our clients get the intense personal
service of a boutique firm combined with the reputation of the Mellon brand,"
Maisano said. News and other
information about Mellon is available at http://www. We hope to
continue to grow this segment of our business as well as expand into other
industries."
"We are very excited about our future opportunities," continued Mr.

edi boards

---

- - kjjkjk

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