Bull & Lifshitz Investigation of the Acquisition of Bell Micro by Avnet

Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Bell Microproducts, Inc. to Avnet, Inc.

As a result of the merger, each outstanding share of common stock of Bell, and other than those shares with respect to which dissenters’ rights are properly exercised and not withdrawn, will be canceled and will be automatically converted into the right to receive $7.00 in cash, without interest and subject to any applicable withholding taxes. Upon completion of the merger, Bell will become a wholly owned subsidiary of Avnet.

Bull & Lifshitz, LLP’s investigation is focused on whether the proposed deal provides adequate value to the Company’s shareholders.