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Bell Microproducts Inc.

Bell Microproducts Inc. is listed on NASDAQ (BELM). This Annual Report on Form 10-K (Report) contains forward-looking statements within the meaning of the Private Litigation Reform Act of 1995 regarding future events and the future results of Bell Microproducts Inc. that are based on current expectations, estimates, forecasts, and projects as well as the beliefs and assumptions of Bell Microproducts Inc. management. Words such as outlook, believes, expects, appears, may, will, should, anticipates or the negative thereof or comparable terminology, are intended to identify such forward looking statements. These forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore actual results may differ materially and adversely from those expressed in any forward-looking statements.

Belo Corporation

Belo Corporation is listed on NYSE (BLC). Belo Corp. (Belo), a Delaware corporation, began as a Texas newspaper company in 1842. Belo today is one of the nation's largest media companies with a diversified group of market-leading television broadcasting, newspaper publishing, cable news and interactive media operations. A Fortune 1000 company with $1.5 billion in 2004 revenues, Belo operates news and information franchises in some of America's most dynamic markets and regions. The Company owns 19 television stations (six in the top 15 U.S. markets) that reach 13.9 percent of U.S. television households, and manages one television station through a local marketing agreement (LMA). Belo's daily newspapers are The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). In addition, Belo owns three cable news channels and holds ownership interests in four others.

Captaris Inc. ..apture, process, deliver, manage and archive data and documents enabling customers to reduce costs and increase the performance of critical business i..

CCF Holding Company ..rganized in March 1995 at the direction of Clayton County Federal Savings and Loan Association in connection with the Bank's conversion from a mutual ..

Comm Bancorp Inc. ..ted in 1983 as a Pennsylvania business corporation and are headquartered in Clarks Summit, Pennsylvania. We have two wholly-owned subsidiaries, Commun..

Caremark Rx Inc. .. services companies in the United States, with net revenue of approximately $25.8 billion (including approximately $4.6 billion of retail copayments) ..

Cagles Inc. ..s first incorporated in Georgia in 1953, and its wholly owned subsidiary (Cagles Farms, Inc., formerly Strain Poultry Farms, Inc.) produce, market, an..

Citizens Inc. .. insurance holding company. We were incorporated in Colorado in 1977. We are a parent company that directly or indirectly owns 100% of 15 operating su..

Corus Entertainmt Incorporated ..ss activities are conducted through three operating groups: Radio, Television and Content, as described below. RADIO Description of the Industry The C..

Color Kinetics Incorporated ..ate lighting systems. Our systems use solid-state semiconductor devices known as light emitting diodes, or LEDs, as the light source. The performance,..

Citizens Financial Corporation ..y or the Registrant) was incorporated in Kentucky in 1990 at the direction of the Board of Directors of Citizens Security Life Insurance Company (Citi..

Cooper Industries Ltd. ..ndustries, Ltd., which was incorporated under the laws of Bermuda on May 22, 2001, and became the successor-registrant to Cooper Industries, Inc. on M..

Cree Inc. ..ed in 1987, develops and manufactures semiconductor materials and devices based on silicon carbide (SiC), group III nitrides (GaN) and related compoun..

Cadbury Schweppes PLC .. registered under the laws of England and Wales as a public limited company. Its registered number is 52457. Its principal executive offices are locat..

Coldwater Creek Inc. ..ts regarding our current strategies, financial position, results of operations, cash flows, operating and financial trends and uncertainties, as well ..

Central Bancorp Inc ..ts corporation, was organized by Central Co-operative Bank (Central or the Bank) on September 30, 1998, to acquire all of the capital stock of the Ban..

Cel-Sci Corporation ..ration in 1983. CEL-SCIs principal office is located at 8229 Boone Boulevard, Suite 802, Vienna, VA 22182. CEL-SCIs telephone number is 703-506-9460 a..

Cytyc Corporation ..rds we, us, our and Cytyc refer to Cytyc Corporation and all of its affiliates and subsidiaries taken as a whole, and our board of directors refers to..

Deckers Outdoor Corporation ..ger of innovative, high-quality footwear and the category creator in the sport sandal and luxury sheepskin footwear segments. Our footwear is distinct..

AMCON Distributing Company ..d in Delaware in 1986. The Companys principal executive offices are located at 7405 Irvington Road, Omaha, Nebraska 68122. The telephone number at tha..

Digirad Corporation ..d distribution of solid-state medical imaging products and services to physician offices, hospitals and imaging centers for the detection of cardiovas..

Diagnostic Products Corporation ..ures, and markets immuno-diagnostic systems and immunochemistry kits which are used throughout the world in hospital, reference and physicians' office..

Dataram Corporation ..of large capacity memory products primarily used in high performance network servers and workstations. The Company provides customized memory solution..

ECC Capital Corp. ..1, 2004 in the state of Maryland. ECC Capital was formed by Encore Credit Corp. solely for the purpose of effecting a restructuring of Encore Credit C..

EFJ Inc ..ces in this Annual Report on Form 10-K to the Company or EFJ include EFJ, Inc., its predecessor entities, and its subsidiaries, including E.F. Johnson..

EMAK Worldwide Inc. ..t otherwise requires, as used herein, EMAK, the Company, we, our, or us, means EMAK Worldwide, Inc., a Delaware corporation and its subsidiaries. Unle..

Endeavor International Corporation ..rporation formed on January 13, 2000 (as Expression Graphics, Inc.) to market and sell graphics media products, such as symbols, logos, pictures, sign..

EOG Resources Inc. ..organized in 1985, together with its subsidiaries, explores for, develops, produces and markets natural gas and crude oil primarily in major producing..

ESPIRITO SANTO FINL GROUP SA ..ces group. Its banking and insurance operations are located primarily in Portugal. At December 31, 2004, the Group had total consolidated assets of ap..

Extreme Networks Inc. ..ries, (collectively referred to as Extreme or the Company and as we, us and our) is a leading provider of network infrastructure equipment for corpora..

Fuel-Tech N.V. ..ech), is a technology company active in the air pollution control and specialty chemical businesses through its wholly owned subsidiary Fuel Tech, Inc..

North European Oil Royality Trust ..n behalf of the owners of beneficial interest in the Trust (the unit owners), holds overriding royalty rights covering gas and oil production in certa..

Financial Institutions Inc. .. Management's Discussion and Analysis of Financial Condition and Results of Operations, contains forward-looking statements within the meaning of the ..

Full House Resorts Inc. ..p of a resort in a mountain area with limited-stakes gaming is not consistent with maximization of the business opportunities available to the Company..

Formula Systems (1985) Ltd. ..e maintain our principal executive offices at 3 Abba Eban Boulevard, Herzlia 46725, Israel and our telephone number is 011-972-9-959-8800. Our agent i..

Forbes Medi-Tech Inc. ..ife sciences company dedicated to the research, development and commercialization of innovative products for the prevention and treatment of cardiovas..

Gaiam Inc. ..ng a broad selection of information, media products and services to customers who value personal development, wellness, ecological lifestyles and resp..

GB&T Bancshares ..ng company existing under the laws of the State of Georgia. On April 24, 1998, we completed a reorganization of Gainesville Bank & Trust to the curren..

Genesis HealthCare Corporation .. May 2003 as a Pennsylvania corporation. On December 1, 2003, NCI completed the distribution (the spin-off) of our common stock. Our common stock bega..

Glimcher Realty Trust ..elf-managed Maryland real estate investment trust (REIT) which was formed on September 1, 1993 to continue the business of The Glimcher Company (TGC) ..

Great Northern Iron Ore Properties .. mineral and nonmineral lands, on the Mesabi Iron Range of Minnesota. The Registrant is a conventional trust organized under the laws of the State of ..

GSE Systems Inc. ..ader in real-time, high fidelity simulation. The Company provides simulation solutions and services to the nuclear and fossil electric utility industr..

Hanover Capital Mortgage Holdings Inc. ..ion to historical information, forward-looking statements that involve known and unknown risks, uncertainties and other important factors that could c..

Manor Care Inc. ..Care and HCR Manor Care, provides a range of health care services, including skilled nursing care, assisted living, subacute medical and rehabilitatio..

Hewlett-Packard Company ..ologies, solutions and services to individual consumers, small and medium sized businesses (SMBs) and large enterprises. Our offerings span: º . º ent..

CAM Commerce Solutions Inc. ..alifornia in 1983, and reincorporated in Delaware in 1987. Our principal business is to provide total commerce solutions for small to medium size, tra..

Huntsman Corporation .. 2004 to hold the Huntsman businesses. Jon M. Huntsman founded the predecessor to our Company in the early 1970s as a small packaging company. Since t..

Heartland Payment Systems Inc. ..sing services to merchants in the United States. This involves facilitating the exchange of information and funds between merchants and cardholders' f..

Internet Gold Golden Lines Ltd. ..f Israel in April 1992 under the name Euronet Golden Lines (1992) Ltd. In June 1999 we changed our name to Internet Gold - Golden Lines Ltd. We are a ..

Interface Inc. ..and sales of modular carpet, and we are a leading manufacturer and marketer of other products for the interiors market, with a strong presence in the ..

Ikanos Communications Inc. ..ction with audited consolidated financial statements and the notes thereto included in Item 8 of this Annual Report on Form 10-K. Overview We are a le..

Sanpaolo IMI S.p.A. .. Developments of Sanpaolo IMI Incorporation, Length of Life and Domicile Sanpaolo IMI is incorporated as a limited liability company (Societ per Azion..

Intevac Inc. ..isk sputtering equipment for the thin-film disk industry and a developer of leading technology for extreme low light imaging sensors, cameras and syst..

Irvine Sensors Corporation ..factures and sells miniaturized electronic products for defense, security and commercial applications. We also perform customer-funded contract resear..

Ivanhoe Energy Inc. ..the exploration for and production of oil and gas, enhanced oil recovery and natural gas projects and the application of heavy-to-light (HTL) oil upgr..

Jo-Ann Stores Inc. ..fabrics and one of the largest specialty retailers of crafts, serving customers in their pursuit of apparel and craft sewing, crafting, home decoratin..

SM&A .. and similar terms include SM&A and its subsidiaries, unless the context indicates otherwise. Overview - Development of Business SM&A is the world's l..

Kemet Corporation ..ries is referred to herein as KEMET or the Company is a leading manufacturer of tantalum capacitors, multilayer ceramic capacitors (MLCC), and solid a..

Kinder Morgan Energy Partners L.P. ..mited partnership, is a publicly traded limited partnership that was formed in August 1992. We are the largest publicly traded pipeline limited partne..

Kansas City Southern .. holding company with principal operations in rail transportation. KCS, along with its subsidiaries and affiliates, owns and operates a uniquely posit..

Leap Wireless International Inc. ..oration, and its subsidiaries are collectively referred to in this report as the Company. Leap Wireless International, Inc., or Leap, conducts operati..

L-3 Communications Holdings Inc. ..1997, derives all of its operating income and cash flow from its wholly-owned subsidiary, L-3 Communications. L-3 Communications, a Delaware corporati..

VA Software Corporation .. that involve risks and uncertainties. Words such as intend, expect, believe, in our view, and variations of such words and similar expressions, are i..

Mediacom Communications Corporation .. television company based on customers served and the leading cable operator focused on serving the smaller cities and towns in the United States. Thr..

Mohawk Industries Inc. ..term which includes the Company and its subsidiaries, including its primary operating subsidiaries, Mohawk Carpet Corporation, Aladdin Manufacturing C..

MRV Communications Inc. ..e and support communication equipment and services, and optical components. We conduct our business along three principal segments: the networking gro..

National Instruments Corporation ..ents) is a leading supplier of measurement and automation products that engineers and scientists use in a wide range of industries. These industries a..

NewMil Bancorp Inc. ..tion formed in 1987, is the registered bank holding company for NewMil Bank, a wholly-owned subsidiary. NewMils activity is currently limited to the h..

Nova Measuring Instruments Ltd. ..n May 1993 under the laws of the State of Israel. We commenced operations in October 1993 to design, develop and produce integrated process control sy..

Onstream Media Corporation ..emand media communication, including webcasting, webconferencing, digital asset management and web publishing services. Our objective is to provide th..

Pacific Continental Corporation (Ore) ..ration and registered bank holding company located in Eugene, Oregon. The Company was organized on June 7, 1999, pursuant to a holding company reorgan..

Pier 1 Imports Inc. ..y include Pier 1 Imports, Inc. and its consolidated subsidiaries. References to Pier 1 relate to the Company's retail locations operating under the na..

Pinnacle Airlines Corp. ..diary, Pinnacle Airlines, Inc. (which operates as Northwest Airlink), are collectively referred to in this report as the Company, we and us except as ..