(TAIEX:2395 ) to represent its products to Advantech customers in the Eastern
region of the United States. We are now
capable of offering a much broader range of products, and the Advantech line
fits very nicely with our hybrid sourcing model, giving us an even deeper pool
of resources to help our clients meet their procurement needs," said Mr.71%
Consumer Services:
Miscellaneous 10.53%
Restaurants + Lodging 1.

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28
Number of Holdings: 56

The foregoing portfolio characteristics are as of the date indicated and
can be expected to change.

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"

ABOUT - Advantech Co. Advantech delivers
thousands of products and solutions under several categories: Embedded +
Applied Computing, Network Appliance, Industrial Computing, and eAutomation.81%
Retail - General Merchandise 9.68%
Drugs 1.06%
Total 100.

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, a leading
Hybrid Electronics Distributor, has recently signed a Regional Authorized
Distribution Agreement with Embedded Computing Division of Advantech, Co. World Micro continues to strengthen its product
offerings for its OEM customers who require embedded computing products to run
their industrial, medical, commercial and military applications. By aligning
with a world leader, World Micro is able to offer a wide range of solutions
that other manufacturers cannot, and if required, can design custom solutions
for the particular requirements of OEM customers.


39%
Computer Hardware/Storage 8.

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60%
6) Qualcomm Incorporated 3.63%
Insurance 2.-registered management
investment company advised by Alliance Capital Management L. P.

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For more
information, go to www.18%
Consumer Staples:
Cosmetics 1.29%
Household Products 0.S.

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The company estimates a one-time
charge as a result of the accelerated vesting of approximately $4
million in the June-quarter. Sammy Torky , Regional Sales Manager with Advantech commented,
"Advantech is excited about starting this relationship with World Micro
Components.


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ATLANTA, World Micro Components, Inc.
Mr. We are confident that Advantech's leadership in the embedded
market coupled with World Micro's resources and services will bring a great
value to OEM customers from various vertical markets.59%
Medical Services 4.

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International Rectifier Announces Accelerated Vesting of Stock Options

31%
Short-term 5.56%
Finance:
Brokerage + Money Management 3.

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----International
Rectifier Corporation (NYSE:IRF) today announced the accelerated
vesting of all currently outstanding unvested employee stock options., Ltd. (NYSE: AMO) (the "Fund ") today released its monthly portfolio
update as of January 31, 2005.

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Business Editors

EL SEGUNDO, Calif. Ltd.48%
7) Amgen Inc 3.

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The purpose of the accelerated vesting of outstanding unvested
options is to enable the company to avoid recognizing in its income
statement compensation expense associated with these options in future
periods, upon adoption of FASB Statement No.

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is the global leading ePlatform service
provider integrating web-based technology , computing platforms and
customization services that empower the connected eWorld.50%
Healthcare:
Medical Products 9.86%
Miscellaneous 3.

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com


We look forward to a
long and fruitful relationship with World Micro Components. Since 1995,
World Micro has worked nationwide with thousands of OEMs, Contract
Manufacturers, and Suppliers of electronic equipment with applications in
military, commercial, medical, and industrial markets .49%
Semiconductor Components 4.

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Chris
Ellsworth, Vice President of World Micro Components.

Top 10 Equity Holdings
Portfolio%
1) Dell Inc 4.65%
3) eBay Inc 4.34%
Broadcasting + Cable 1.

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Unvested options to purchase approximately 7 million shares became
exercisable as a result of the vesting acceleration. The resulting amount that will not be required
to be expensed by the company is approximately $106 million over the
course of the original vesting periods, $58 million of which would
have been for fiscal year 2006.

World Micro Components Announces Regional Authorized Distributorship for Advantech



Alliance All -Market Advantage Fund, Inc.29%
4) Electronic Arts Inc 3.06%
Total 100. The Fund is a closed-end U.

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123R (Share-Based
Payment) in July 2005.
With the combined talent of more than 2,000 people, Advantech operates an
extensive support, sales and marketing network in 16 countries and 28 major
cities to deliver time-to-market services to our worldwide customers .48%
Capital Goods 3.

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IR's analog and mixed signal ICs, advanced
circuit devices, integrated power systems and components enable high
performance computing and reduce energy waste from motors, the world's
single largest consumer of electricity.18%
9) St Jude Med Inc 3.13%
Multi Industry Companies 1.08%
Short-term 5.

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irf. 4.83%
5) Lowes Cos Inc 3.18%
Energy 3.

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This compliments our decade of
experience in helping clients with their board level electronics.87%
2) Yahoo Inc.00%

Sector/Industry Breakdown
Portfolio%
Technology:
Communication Equipment 9.24%
Biotechnology 3.

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92%

Security Type
Portfolio%
Equities:
Common Stock 91 .93%
Software 3.16%
Computer Peripherals 0.95%
Retail - Food + Drug 0.7 Million
Net Asset Value: $13.

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Alliance All-Market Advantage Fund Releases Monthly Portfolio Update

95%
Transportation 1.00%

Total Net Assets: $48.

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ABOUT - World Micro Components, Inc . NEW YORK, Alliance All-Market Advantage
Fund, Inc.19%
8) General Electric Co 3.

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About International Rectifier

International Rectifier (NYSE:IRF) is a world leader in power
management technology. Leading manufacturers of
computers, energy-conserving appliances , lighting, automobiles,
satellites, aircraft and defense systems rely on IR's power management
benchmarks to power their next generation products.09%
10) Juniper Networks Inc 2.78%
Entertainment + Leisure 2.

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"I am glad to see our new Embedded Division continue to expand its product
offerings with a relationship with Advantech. is a leading supplier of Electronic
Components and Embedded Computing products based in Atlanta, GA.63%
Options 3.50%
Consumer Manufacturing 1.

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