Advant E 8-K Advant-e Corporation Announces Record Revenue and Net Income for 2006

Exhibit 99.1

Company Press Release

Monday February 12, 2007

Advant-e Corporation Announces Record Revenue and Net Income for 2006

Company Reports 21% Increase in Revenue, 43% Increase in Net Income over Prior Year

DAYTON, Ohio, Monday February 12 2007 — 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, 2006.

In 2006 the Company reported record revenues of $5,403,632 compared to $4,462,702 for 2005. The 21% 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. Net income for 2006 was a record $858,670 or $.13 per share compared to $600,318 or $.09 per share in 2005.

For the fourth quarter of 2006 the Company reported revenue of $1,439,123 and net income of $227,734 or $.03 per share, compared to revenue of $1,203,771 and net income of $209,994 or $.03 per share in the fourth quarter of 2005.

Highlights of 2006 financial and operating results include:

• Revenue Increase for the sixth 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.

• Net Income Increased by 43% and Pre-tax Profit was 25% of Revenue. - Net Income and pre-tax profitability benefited from lower amortization of software development costs in 2006 of $124,498 compared to $217,780 in 2005, and from capitalized software development costs of $219,018 in 2006 compared to $79,627 in 2005.

• Automotive Web EDI Revenue Acceleration - Automotive Web EDI revenue comprised 7% of total revenue in 2006 compared to 4% in 2005 indicating increased activity with both automotive manufacturers and their suppliers.

• EnterpriseEC^® Revenue Growth of 67%- Trading Community Connectivity, Management, and Integration Services accounted for 15% of revenue in 2006 compared to 11% in 2005 indicating an increased reliance upon this service by higher volume customers for enhanced data management and integration into in-house systems.

• Cash and Short-term Investments increased 25%- Increase to $2,484,216 in 2006 from $1,989,337 in 2005.

• Shareholders Equity Increased 47%- From $2,014,953 in 2005 to $2,958,383 in 2006.

Commenting on the year-end results, Mr. Jason K. Wadzinski, CEO of Advant-e stated, “In 2006 we continued to strengthen our financial position while growing key elements of the business. Although our 21% revenue growth was lower than our goal for the year, we substantially exceeded our pre-tax profit target.

In 2006 we made significant investments in our infrastructure, product offerings, and our sales and marketing activities. In 2007 we expect to announce an updated version of our Web EDI service, which accounts for the majority of our revenue. We are also working with several large customers for a new hosted service that is an extension of our existing Testing & Certification service. Called ValidateEC, it enables our customers to monitor their electronic commerce activities via a hosted business rule engine so that they can rapidly design, test, and implement business rules and proactively respond to exceptions.”

“We are pleased with our accomplishments in 2006. I would like to thank the dedicated, hard-working Edict Systems team for their outstanding efforts resulting in these achievements. In 2007 we will continue our focus on accelerating revenue growth while maintaining an acceptable level of profitability.”

About Advant-e Corporation

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.MfgEC.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 isinfo@edictsystems.com.

ADVANT-E CORPORATION AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended December 31,			Year Ended December 31,
	2006		2005	2006	2005
Revenue	$	1,439,123	1,203,771	5,403,632	4,462,702
Cost of revenue		478,014	368,486	1,677,937	1,511,007
Gross margin		961,109	835,285	3,725,695	2,951,695
Marketing, general and administrative expenses		654,071	539,793	2,453,883	2,010,911
Operating income		307,038	295,492	1,271,812	940,784
Other income, net		41,331	4,602	87,862	9,734
Income before taxes		348,369	300,094	1,359,674	950,518
Income tax expense		120,635	90,100	501,004	350,200
Net income	$	227,734	209,994	858,670	600,318
Basic earnings per share	$	0.03	0.03	0.13	0.09
Diluted earnings per share	$	0.03	0.03	0.13	0.09
Weighted average shares outstanding		6,424,370	6,403,174	6,408,516	6,325,218
Weighted average shares outstanding, assuming dilution		6,447,771	6,408,788	6,434,615	6,340,851

ADVANT-E CORPORATION AND SUBSIDIARY

CONSOLIDATED BALANCE SHEETS

	December 31, 2006		December 31, 2005
Assets
Current assets:
Cash and cash equivalents	$	2,209,782	1,763,435
Short-term investments		274,434	225,902
Accounts receivable, net		477,639	351,482
Prepaid expenses and deposit		28,339	25,128
Total current assets		2,990,194	2,365,947
Software development costs, net		247,621	160,656
Property and equipment, net		386,697	262,523
Total assets		3,624,512	2,789,126
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable		66,936	44,838
Accrued salaries and other expenses		157,802	115,510
Income taxes payable		109,642	375,652
Deferred income taxes		53,119	26,000
Deferred revenue		112,846	76,173
Total current liabilities		500,345	638,173
Deferred income taxes		165,784	136,000
Total liabilities		666,129	774,173
Shareholders’ equity:
Common stock, $.001 par value; 20,000,000 shares authorized; 6,478,714 outstanding at December 31, 2006 and 6,403,714 outstanding at December 31, 2005		6,478	6,403
Paid-in capital		1,641,906	1,551,606
Accumulated other comprehensive income		—	5,615
Retained earnings		1,309,999	451,329
Total shareholders’ equity		2,958,383	2,014,953
Total liabilities and shareholders’ equity	$	3,624,512	2,789,126

ADVANT-E CORPORATION AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF CASH FLOWS

	Year Ended December 31,
	2006			2005
Cash flows from operating activities:
Net income	$	858,670		600,318
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation		153,113		110,721
Amortization of software development costs		124,498		217,780
Loss on disposal of assets		41,922		—
Deferred income taxes		60,703		(32,800	)
Purchases of trading investments		(31,541	)	—
Proceeds from sale of trading investments		28,393		—
Net realized (gains) losses on short-term investments		(9,701	)	2,222
Net unrealized gains on trading investments		(27,218	)	—
Increase (decrease) in cash arising from changes in assets and liabilities:
Accounts receivable		(126,157	)	(61,088	)
Prepaid expenses		(3,211	)	1,292
Accounts payable		22,098		5,157
Accrued salaries and other expenses		42,292		15,700
Income taxes payable		(266,010	)	349,652
Deferred revenue		36,673		(66,615	)
Net cash flows from operating activities		904,524		1,142,339
Cash flows from investing activities:
Purchases of available-for-sale investments		(107,966	)	(253,877	)
Proceeds from sale of available-for-sale investments		90,086		35,168
Purchases of equipment		(311,654	)	(101,640	)
Software development costs		(219,018	)	(79,627	)
Net cash flows from investing activities		(548,552	)	(399,976	)
Cash flows from financing activities:
Issuance of common stock		90,375		91,500
Payments of direct costs of securities registration		—		(15,320	)
Net cash flows from financing activities		90,375		76,180
Net increase in cash and cash equivalents		446,347		818,543
Cash and cash equivalents, beginning of year		1,763,435		944,892
Cash and cash equivalents, end of year	$	2,209,782		1,763,435
Supplemental disclosures of cash flow items:
Income taxes paid	$	706,311		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. 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.