General
and administrative expenses were higher than last year due to
professional fees, primarily for the Sarbanes-Oxley compliance work
that we undertook this quarter. This work will continue throughout the
remainder of 2005 .
"Continental Carbonic Products is a significant force in the U.

Continental Carbonic may be found on the Internet at
http://www.

merchandise makeup

dry ice
market," said Mr."
Continental Carbonic Products, Inc. The Albion plant will be CCPI's largest plant producing
340 tons of carbon dioxide products each day and will serve existing and new
customers in the Michigan, Ohio, and Indiana regions .com. "We are very pleased to have reached this agreement with
them, and we are confident our customers will be as impressed with All
Aboard Toys as we are.

costumes holidays

Sal Perisano, Chief Executive Officer of iParty Corp.
Earlier this month we extended our line of credit to $10 million from
our previous $7.
CONSOLIDATED STATEMENTS OF OPERATIONS

For the three months
ended
------------------------
Mar 26, Mar 27,
2005 2004
------------------------
Revenues $13,159,763 $12,036,066
Operating costs:
Cost of goods sold and occupancy costs 8,165,569 7,017,645
Marketing and sales 4,835,847 4,298,590
General and administrative 1,800,950 1,574,906
------------------------

Operating Loss (1,642,603) (855,075)

Interest income 172 180
Interest expense (102,348) (27,426)
------------------------

Loss before income taxes (1,744,779) (882,321)

Income taxes - -
------------------------

Net Loss $(1,744,779) $(882,321)
========================

Basic and diluted net loss per share $(0.
CONSOLIDATED BALANCE SHEETS

Mar 26, Dec 25,
2005 2004
------------------------
ASSETS
Current assets:
Cash and cash equivalents $1,270,319 $1,757 ,157
Restricted cash 581,101 561,407
Accounts receivable 603,192 700,961
Inventory, net 11 ,543,180 11,400,971
Prepaid expenses and other assets 352,176 476,046
------------------------
Total current assets 14,349,968 14,896,542
Property and equipment, net 4,598,904 4,483,705
Other assets 92,643 99,690
------------------------
Total assets $19,041,515 $19,479,937
========================

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $4,117,059 $3,421,195
Accrued expenses 2,012,304 2,615,835
Current portion of capital lease obligations 374,251 365,674
Borrowings under line of credit 6,497,214 5,257,690
------------------------
Total current liabilities 13,000,828 11,660 ,394

Long-term liabilities:
Capital lease obligations, net of current
portion 691,668 796,693
Other liabilities 514,207 471,759
----------------------- -
Total long-term liabilities 1,205,875 1,268,452

Commitments and contingencies

Stockholders' equity:
Convertible preferred stock 14,281,962 14,308,002
Common stock 22,115 22,093
Additional paid-in capital 50,502,618 50,448,100
Accumulated deficit (59,971,883 )(58,227,104)
------------------------
Total stockholders' equity 4,834,812 6,551,091
------------------------

Total liabilities and stockholders' equity $19,041,515 $19,479,937
========================

S. states plus rail
equipment leasing interests in Canada and Mexico.com).

sell up

Our marketing and sales costs
rose as a percentage of sales, largely due to higher depreciation
costs associated with the acquisition of fixed assets for our new
stores and the new point-of-sale system for all of our stores. iParty 's aim is to make throwing a
successful event both stress-free and fun.
"The Andersons are exactly the type of high quality, high integrity
strategic partner we look for when we expand our business," said Robert
Wiesemann II, CEO and Vice-Chairman of Continental Carbonic.

AllAboardToys .com) is a leading online
retailer offering an extensive selection of family-friendly products
featuring popular characters including Thomas the Tank Engine(TM),
Dora the Explorer(TM), Bob the Builder(TM ), Winnie the Pooh, Elmo(TM),
Madeline(TM), Clifford the Big Red Dog(R), Veggie Tales(TM), Sesame
Street(TM) and others. For more information about All
Aboard Toys, a licensed online retailer , please access the company's
website (www. All copyrights
and trademarks are the property of their respective owners.

construction science

7 million, or $0. Comparable sales in
our New England stores were down 1. is serving as manager of the ethanol plant and began
construction of the 55 million gallon per year ethanol plant in mid-September
and expects that plant to be operational by September 2006. (CCPI) is a leading producer of dry
ice and liquid carbon dioxide and is headquartered in Decatur, Illinois.

fiction merchandise

Consolidated gross profit margin was 38.com

Safe harbor statement under the Private Securities Litigation
Reform Act of 1995: This release contains forward-looking statements
that are based on our current expectations, beliefs, assumptions,
estimates, forecasts and projections, including those about future
store openings, future expectations of profitability and the industry
and markets in which iParty operates.
All Aboard Toys is the official exclusive online retailer for
Madeline.com customers will receive an exclusive special-offer
email and an invitation to join All Aboard Toys frequent buyer,
birthday club and special discount programs."

About All Aboard Toys, LLC

All Aboard Toys (www.

fantasy halloween

However, we continue to
believe that our investment in growth and new stores will yield
longer-term increases in profitability. Supplementing our new store opening program, we recently entered
into new marketing agreements with the Boston Red Sox and Brigham's
Ice Cream, two of New England's most venerable and popular
institutions, which we believe will help us reach new customers and
meet our goal of further establishing the iParty brand.08) $ (0.
The Andersons, Inc.eonBusiness.

be construction

3%
increase compared to $12. With over 20,000 party
supplies and costumes and an online party magazine and party-related
content, iParty offers consumers a sophisticated , yet fun and
easy-to-use, resource with a definitive assortment of products to
customize any party , including birthday bashes, Easter get-togethers,
graduation parties, summer barbecues, and, of course , Halloween.

All Aboard Toys Acquires Strategic Assets of Competitor AnneMail.com; Denver-Based Online Toy Store Continues Record Growth

All Aboard Toys' comprehensive inventory is
believed to be the broadest available from a single source, with
products in each category ranging from puzzles and books to toys,
clothing, bedding and decorative items.

construction historic

(AMEX: IPT), a party goods retailer that operates 45 iParty retail
stores, today reported financial results for its first quarter of
fiscal year 2005, which ended on March 26, 2005.08 per basic and diluted
share, compared to a consolidated net loss of $0.04
per basic and diluted share, in the first quarter of 2004.
Important factors that may affect future operating results include the
effects of adverse changes in overall economic conditions, the success
or failure of iParty's efforts to implement its business strategy;
iParty's inability to obtain additional financing, if required;
third-party suppliers' failure to fulfill their obligations to iParty;
unseasonable weather; intense competition; the availability of retail
store space on reasonable lease terms; the failure of iParty's systems
or those of its third-party suppliers; general economic and other
developments affecting consumer confidence or spending patterns,
particularly in the New England region; compliance with evolving
federal securities , accounting, and stock exchange rules and
regulations applicable to publicly-traded companies listed on the
American Stock Exchange; and government regulation of the Internet.com
For further information regarding Continental Carbonic please call
217-428-2068.

This category lists sites about dressing up for Halloween.

holidays should

For the quarter consolidated revenues were $13.0% for the first quarter
compared to a margin of 41.

iPARTY CORP.04)
========================

Weighted-average shares outstanding:
Basic and diluted 22,107,567 20,227,671
========================

iPARTY CORP.andersonsinc . please call
419-891-6417.

living shopping

The
increase in first quarter revenues was due to sales from seven new
stores that opened since the end of the first quarter of 2004,
partially offset by a 0.7% for the same period in 2004.3% increase in sales, we are
disappointed with our 0., of Hot
Springs , Arkansas. Orders received Monday through Friday before
5:00 PM EST ship the same day we receive them.

living it

5% during the first quarter in Florida where inclement
weather was not a factor. Please visit our site at
www. Total revenues in 2004 were
$1.
"All Aboard Toys has long been considered an industry leader, and
I've always been impressed by their broad selection of products and
high level of service," said Anne Marcus, founder and president of
AnneMail.

it science

iParty Corp. Reports Q1 2005 Financial Results

9 million, or $0. The decline in our gross profit margin was
due to lower merchandise margins and higher occupancy costs as a
percentage of sales.iparty.iparty. MAUMEE, Ohio, The Andersons Albion
Ethanol LLC and Continental Carbonic Products, Inc. "We are pleased to have them join us at our Albion Ethanol plant in
Sheridan Township, and look forward to advancing our common business
interests, as well as contributing to the growth and prosperity of the Albion
area.

It includes information on costumes and makeup.

lists living

Consolidated net loss was $1. We are in the process of adjusting our prices to reflect our
new costs.
iParty offers reliable, time-tested knowledge of party-perfect trends,
and superior customer service to ensure convenient and comprehensive
merchandise selections for every occasion.
For a discussion of these and other risks and uncertainties which
could cause actual results to differ from those contained in the
forward-looking statements, see "Cautionary Statements and Risk
Factors" in iParty's most recently filed Annual Report on Form 10 -K
and "Factors That May Affect Future Results" in iParty's most recently
filed Quarterly Report on Form 10-Q."
All Aboard Toys, a licensed online retailer, offers an extensive
line of educational and family-friendly products at competitive
prices, featuring a wide range of popular characters including Thomas
the Tank Engine(TM), Bob the Builder(TM), Jay Jay the Jet Plane(TM),
Dora the Explorer(TM), Madeline(TM), Sesame Street(TM) and many more.

shopping recreation

com. The statements contained in this
release are not guarantees of future performance and involve certain
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from what
is expressed in such forward-looking statements, and such statements
should not be relied upon as representing iParty's expectations or
beliefs as of any date subsequent to the date of this press release."
The Andersons, Inc.S.

Business Editors/Entertainment Editors

DENVER ----All Aboard Toys, LLC
(www."
AnneMail.
"In the six years we have been in business, we've managed to
create one of the best customer shopping experiences around, based on
how our customers rate us," said Toney. All Aboard Toys
is part of the eonBusiness Group (www.

merchandise lists

Business Editors /Financial Editors

DEDHAM, Mass. The
decrease in comparable store sales was primarily due to severe weather
that impacted our New England stores throughout the quarter, partly
offset by the earlier-than-normal Easter season.3%, whereas our comparable sales
increased by 7. (Nasdaq: ANDE ), is a diversified company with
interests in the grain and plant nutrient sectors of U.

The Andersons, Inc. "Our website shopping
experience is easy, fast and secure, and customers can view the
products they want quickly and easily with just a click or two, by
category, product line or appropriate age level.AllAboardToys.

submitted recreation

Increasing our line of credit will
help finance our present operations and this year's store expansion
plan. Neill McKinstray, The Andersons' Director of Ethanol
Services. "We are excited
to build our new plant in partnership with The Andersons and the Albion
community, where we have been welcomed so warmly.com online toy business, its customer base and
various other related assets including the AnneMail.com website and
associated Internet domain names.AllAboardToys.

halloween should

0 million for the first quarter of 2004., commented,
"While we are pleased to report a 9.7% decrease in comparable store sales.com) or call 303-649-1692.

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2 million, a 9.7% decrease in comparable store sales. The
increase in occupancy costs is largely attributable to our new stores ,
which, as we have previously reported, operate at a higher occupancy
to sales ratio until they reach maturity."
"Looking ahead, we are on track to open at least six new stores
during 2005.

Leases have been signed for five additional new stores scheduled to
open in our third quarter , in time for our important Halloween season. (AMEX: IPT)
is a party goods retailer that operates 45 iParty retail stores and
licenses the operation of an Internet site for party goods and party
planning at www. agriculture, as well
as in railcar marketing, industrial materials formulation , turf products
production, and general merchandise retailing. In its first such acquisition, All Aboard Toys
purchased the AnneMail. "We welcome AnneMail's customers and look
forward to providing them with the exceptional customer service and
broad product line that All Aboard Toys shoppers have relied on for
the past six years.

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Our merchandise margins were adversely affected
by increases in our product costs charged to us by certain key
vendors.5 million limit. Founded in Maumee, Ohio , in
1947, the company presently has operations in seven U.

holidays up

----iParty Corp. CO2, a co-product of the ethanol
production process, is converted to liquefied CO2. Liquefied carbon dioxide
(LCO2) is the feed-stock for manufacturing dry ice and is used for a wide
variety of other applications.com
For further information regarding The Andersons, Inc.

Sites that sell Halloween merchandise should be submitted to Shopping/Holidays/Halloween.

sell should

today announced that the
two parties have entered into a supply agreement for the off-take of carbon
dioxide (CO2) from The Andersons Albion Ethanol plant in Albion, Michigan,
which is currently under construction.3 billion.continentalcarbonic.

recreation topic

Headquartered in Dedham, Massachusetts, iParty Corp.

The Andersons Albion Ethanol and Continental Carbonic Products Enter Into Supply Agreement

CCPI
presently has 5 manufacturing facilities and 25 distribution locations east of
the Rocky Mountains. We believe our
inventory is the broadest available from a single source, with stock
ranging from underwear to bedding to party supplies and toys for each
product line we offer.

fantasy historic

Additionally, during the quarter we took more aggressive
markdowns to increase the sell through of seasonal merchandise. One of these new stores opened in the first quarter , in
East Hartford, Connecticut, where we recently celebrated its grand
opening with a display of the Boston Red Sox' World Series trophy.S. is located on the Internet at http://www.com), a leading online retailer of top-rated
educational and family-friendly products, announced today its
acquisition of certain strategic assets from AnneMail, Inc.
"All Aboard Toys sales reached historic highs in 2004, and the
addition of AnneMail's assets and customer base positions us for
another record -breaking year," said Josh Toney, All Aboard Toys
Manager of Operations.com and one of the leading online retailers of Thomas the
Tank Engine and Friends train products.

recreation parties

"

About iParty Corp .