Exhibit No.
99.1
 
ALLIANCE DISTRIBUTORS HOLDING INC. REPORTS
 
2007 SECOND QUARTER FINANCIAL RESULTS
 

For Immediate Release
 
New York, New York - August 14, 2007 - Alliance Distributors Holding Inc. (OTC Bulletin Board: ADTR), a distributor of interactive video games and gaming products, announced its financial results for the second quarter ended June 30, 2007.

Net sales for the quarter decreased 6% to $12.5 million from $13.3 million in the second quarter of 2006. The company incurred a net loss of $892,000, or $0.02 per share, in the second quarter of 2007, compared to net income of $73,000, or $0.00 per share, in the second quarter of 2006.

For the six months ended June 30, 2007, net sales increased 8% to $28.8 million, compared to $26.6 million for the same period in 2006. The company incurred a net loss of $1.5 million, or $0.03 per share, compared to a net loss of $20,000, or $0.00 per share in the 2006 period.

Effective May 11, 2007, the company increased its credit facility from $10 million to $15 million ($17.5 million in season) while decreasing the interest rate on borrowings under the facility from prime plus 1.50% to prime plus 0.75%. The credit facility was also extended to expire on May 31, 2010.

“Although our second quarter loss was a disappointment, we believe we have done a good job navigating through a particularly challenging time in video game distribution”, said Jay Gelman, Chairman and Chief Executive Officer. “Lack of hardware systems from Nintendo, Sony and Microsoft coupled with a reduced number of new software titles meant limited product available to drive revenues and profit. In addition, during the second quarter we aggressively sold inventory at reduced prices to drive sales and increase inventory turns.”

Gelman continued, “We are currently seeing definite improvement in the overall video game business. Sales in July were robust, and we expect that the recent price drops of Sony’s PS3 60gig and Microsoft’s XBOX 360, the introduction of new systems such as the PS3 80gig console, and the considerable amount of new software product slated for release through the rest of this calendar year, will help drive business in the third and fourth quarters of 2007.”

For additional information see the Company’s SEC Report on Form 10-Q for the three and six months ended June 30, 2007.
 
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.
 

The following information was filed by Alliance Distributors Holding Inc. (ADTR) on Tuesday, August 14, 2007 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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