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                   ALLIANCE DISTRIBUTORS HOLDING INC. REPORTS

                      THIRD QUARTER 2006 FINANCIAL RESULTS

               Year-to-Date Sales Increased 15% over Previous Year

For Immediate Release

New York, New York - November 14, 2006 - Alliance Distributors Holding Inc. (OTC
Bulletin Board: ADTR), a distributor of interactive video games and gaming
products, announced its financial results for the third quarter of 2006.

Net sales for the quarter increased 14% to $15.4 million compared to $13.6
million in the third quarter of 2005. The company incurred a net loss of
$283,000, or $0.01 per share, compared to net income of $222,000, or $0.00 per
share, in the 2005 period. Approximately $100,000 of the pre-tax loss is
attributable to a litigation settlement and approximately $150,000 is associated
with the relocation of the Company's headquarters, warehouse and showroom, as
well as the opening of a new warehouse and showroom in Florida. The Company's
profit margin was reduced by extensive sales incentives to drive traffic to its
new showroom facilities in advance of the holiday sales season.

For the nine months ended September 30, 2006, net sales increased 15% to $42.0
million, compared to $36.7 million for the same period in 2005. The company
incurred a net loss of $304,000, or $0.01 per share, compared to a net loss of
$243,000, or $0.01 per share in the 2005 period. The net loss for the 2006
period reflects a $257,000 charge in the first quarter for transaction costs of
a proposed acquisition that was not consummated, as well as the events referred
to in the preceding paragraph. The loss was partially offset by approximately
$105,000 of pre-tax income from insurance proceeds recognized in the second
quarter for assets in excess of the book value of these assets.

Jay Gelman, Chairman and CEO, said, "During the quarter we completed the
relocation of our corporate offices, wholesale showroom, and warehouse to 1160
Commerce Ave in the Bronx. The new facility gives us almost 10,000 additional
square feet of operating space, and allows us to be more efficient in selling to
and servicing our growing customer base. We tripled the size of our wholesale
showroom and gave our customers more product selection and better presentation."

"We also expanded into a new market by opening our new facility at 2310 NW 102nd
Pl. Miami, Florida. This new location includes a wholesale showroom, warehouse
and offices. Although the Florida location has only been operational since mid
September we are excited to see that a strong base of potential business is
already developing."

For additional information see the Company's SEC Report on Form 10-Q for the
period ended September 30, 2006.


About Alliance Distributors Holding Inc.

Alliance Distributors Holding Inc. (www.alliancedistributors.com), which does
business as Alliance Distributors, is a full-service wholesale videogame
distributor, specializing in gaming products and accessories for all key
manufacturers and 3rd party publishers. Alliance Distributors offers support on:
PS3, PSP, PS2, X-Box 360, Wii, DS and GBA SP, peripherals and software titles.

Safe Harbor

Certain of the above statements contained in this press release may contain
forward-looking statements which are intended to be covered by the safe harbors
created thereby. Investors are cautioned that all forward-looking statements
involve risks and uncertainty. Actual results, events and circumstances
(including future performance, results and trends) could differ materially from
those set forth in such statements due to various factors, risks and
uncertainties, including but not limited to, risks associated with technological
change, competitive factors and general economic conditions. The Company has no
duty and undertakes no obligation to update such statements.



                       ALLIANCE DISTRIBUTORS HOLDING INC.
                      STATEMENTS OF OPERATIONS (Unaudited)
             Three and Nine Months ended September 30, 2006 and 2005
                    (In thousands, except per share amounts)

Three Months Nine Months ------------------------------ ------------------------------ 2006 2005 2006 2005 ------------- ------------- ------------- ------------- NET SALES $ 15,453 $ 13,566 $ 42,040 $ 36,679 COST OF GOODS SOLD 14,093 12,035 37,470 32,835 ------------- ------------- ------------- ------------- GROSS PROFIT 1,360 1,531 4,570 3,844 ------------- ------------- ------------- ------------- OPERATING COSTS AND EXPENSES: Selling and administrative expenses 1,654 1,187 4,267 3,739 Terminated transaction costs -- -- 257 -- ------------- ------------- ------------- ------------- Total operating expenses 1,654 1,187 4,524 3,739 ------------- ------------- ------------- ------------- (LOSS) INCOME FROM OPERATIONS (294) 344 46 105 Interest expense 177 119 551 340 ------------- ------------- ------------- ------------- (LOSS) INCOME BEFORE (BENEFIT FROM) PROVISION FOR INCOME TAXES (471) 225 (505) (235) (Benefit from) provision for income taxes (188) 3 (201) 8 ------------- ------------- ------------- ------------- NET (LOSS) INCOME $ (283) $ 222 $ (304) $ (243) ============= ============= ============= ============= Net loss per share: Basic $ (.01) $ -- $ (.01) $ (.01) ============= ============= ============= ============= Diluted $ (.01) $ -- $ (.01) $ (.01) ============= ============= ============= ============= Weighted average common shares outstanding: Basic 48,721 46,417 48,538 46,417 ============= ============= ============= ============= Diluted 48,721 49,122 48,538 46,417 ============= ============= ============= =============
Contact: Alliance Distributors Holding Inc. Steve Gelman - VP of Marketing and Communications 718-536-2248 steve@alliancedis.com

The following information was filed by Alliance Distributors Holding Inc. (ADTR) on Tuesday, November 14, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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