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Advant-e Corporation Announces First Quarter 2006 Release

Company Reports 21% Increase in Revenue, 60% Increase in Net Income over Q1 2005

DAYTON, Ohio, Monday May 15, 2006-- Advant-e Corporation (OTC Bulletin Board: ADVC - News), a provider of Internet-based business-to-business electronic commerce services, today announced financial and operating results for the quarter ending March 31, 2006

For the first quarter of 2006 the Company reported revenues of $1,262,169, a 21% increase over revenues of $1,039,488 in the first quarter of 2005. The increase in revenue demonstrates the growing support in the marketplace for the Company's principal products - web-based electronic data interchange subscription sevices (Web EDI) and electronic business transaction network services (EnterpriseEC™).

Net income for the quarter was $167,706, or $.03 per share, a 60% increase over net income of $105,109, or $.02 per share, for the same period in 2005.

“We are pleased to report in the first quarter of 2006 continued growth in revenue and earnings and a pre-tax profit margin of 22%,”   said Jason K. Wadzinski, Chairman and Chief Executive Officer. “Revenue again reached a record level and net income increased by 60% over last year.    We are continuing to focus our efforts and resources on accelerating revenue growth by systematically increasing our investment in infrastructure, new product development, personnel, and new sales and marketing initiatives.”

ADVANT-E CORPORATION AND SUBSIDIARY
                CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited)
                       
                                                  Three Months Ended         
                                                      March 31,            
                                              2006               2005        
    Revenue                               $ 1,262,169          990,077    
    Cost of revenue                           407,868          389,044     
     Gross margin                             854,301          650,444    
    Marketing, general and
     administrative expenses                  595,855          475,335    
     Operating income                         258,446          175,109      
    Other income (expense)                     16,975              ---        
     Income before taxes                      275,421          175,109      
    Income tax expense                        107,715           70,000      
    Net income                              $ 167,706          105,109      
     Basic earnings per share               $	0.03            0 .02         
     Diluted earnings per share             $	0.03            0 .02         

    Weighted average shares
     outstanding                            6,403,174        6,268,250    

    Weighted average shares
     outstanding, assuming
     dilution                               6,426,009        6,268,250    




                  
                     ADVANT-E CORPORATION AND SUBSIDIARY
                    CONSOLIDATED CONDENSED BALANCE SHEETS


                                                    March 31,     December 31,
                                                      2006           2005
                                                   (Unaudited)
    Assets

    Current Assets
       Cash and cash equivalents                  $	1,672,125        1,763,435
       Short-term investments                         243,928           225,902
       Accounts receivable, net                       400,356           351,482
       Prepaid expenses and deposit                    21,840            25,128
 
    Total current assets                            2,338,249         2,365,947
     Software development costs, net                   190,368          160,656
     Property and equipment, net                       245,000          262,523

          Total assets                            $	2,773,617      2  ,789,126

    Liabilities and Shareholders' Equity

    Current liabilities
       Accounts payable                               $ 64,532            4,838
       Accrued salaries and other expenses             132,306          115,510
       Income taxes payable                             77,644          375,652
       Deferred income taxes                            44,883           26,000
       Deferred revenue                                103,599           76,173

    Total current liabilities                          422,964          638,173

    Deferred income taxes                              158,621          136,000

          Total liabilities                            581,585          774,173

    Shareholders' equity
      Common stock, $.001 par value; 20,000,000
	   shares authorized; 6,403,714 outstanding             6,403            6,403
       Paid-in capital                               1,551,606        1,551,606
       Accumulated other comprehensive income           14,988            5,615
       Retained earnings                               619,035          451,329

          Total shareholders' equity                 2,192,032        2,014,953

          Total liabilities and shareholders'
           equity                                 $	2,773,617      2  ,789,126




                     ADVANT-E CORPORATION AND SUBSIDIARY
         CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

                                                            Three Months Ended
															     March 31
                                                          2006          2005
    Cash flows from operating activities:
       Net income                                     $	167,706      469,323
       Adjustments to reconcile net income to net
        cash flows from operating activities:
          Depreciation                                    29,553       23,383
          Amortization of software development costs      32,383       66,397
          Loss on disposal of assets                      24,221          ---
		  Net realized losses on available
		   for-sale investments                            ( 4,241)          ---
          Increase (decrease) in cash arising from
           changes in assets and liabilities:
            Accounts receivable                        ( 48,874)      (4,692)
            Prepaid expenses                              3,288      ( 4,613)
            Accounts payable                             19,694        18,327
            Accrued salaries, interest and other
             expenses                                    16,796        50,453
            Income taxes payable                       (298,008)       72,000
            Deferred revenue                              27,426      (39,537)  
            Net cash flows from operating activities       5,667      258,827

    Cash flows from investing activities:
       Purchases of available-for-sale investments      (35,545)         ---
       Proceeds from sale of available-for-sale
        investments                                      36,914          ---
       Purchases of equipment                           (28,697)     (17,227)
       Software development costs                       (69,649)     (16,313)
            Net cash flows from investing activities    (96,977)     (33,540)

    Cash flows from financing activities:
       Issuance of common stock                               ---       60,250
       Net cash flows from financing activities               ---       60,250
    Net increase (decrease) in cash and cash equivalents   (91,310)    285,537   
    Cash and cash equivalents, beginning of period        1,763,435    944,892
    Cash and cash equivalents, end of period             $1,672,125  1,230,429

    Supplemental disclosures of cash flow items:
	      Income taxes paid                                  $ 370,000
About Advant-e

Advant-e, via its wholly owned and sole operating subsidiary Edict Systems, Inc., 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. Advant-e specializes in horizontal transaction services via EnterpriseEC®, an Internet-based Trading Community Connectivity, Management, and Integration solution, and within specific industries via web-based EDI services including www.GroceryEC.com, www.RetailEC.com, www.AutomotiveEC.com, www.CPGSupplier.com, and www.WebEDI.com.

Additional information about Advant-e Corporation can be found at www.Advant-e.com and www.edictsystems.com or by contacting investor relations at (937) 429-4288. The company's email is info@edictsystems.com.

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All Rights Reserved
Phone: (800) 443-3428
Fax: (937) 429-4309
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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. 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. 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.