All American Signs North American Distribution Agreement With HBA.

Business Editors

MIAMI--(BUSINESS WIRE)--April 1, 2003

All American (Nasdaq:SEMI) and High Bandwidth Access (HBA), a developer of advanced FIFO queuing and memory devices for high capacity broadband networks, today announced their national distribution agreement. Under the agreement, All American will distribute HBA's industry leading FIFO and memory products in North America.

Bruce M. Goldberg, President and Chief Executive Officer of All American, stated, "We are excited to add HBA's full range of FIFO and specialty memory products to our offering. In partnership with UMC, HBA's high quality leading-edge products will enable us to provide additional support to our existing customers as well as to open doors to new customers that we have not serviced in the past."

"HBA is proud to be working with All American, one of the strongest electronics distributors in the nation," said Steven Huang, HBA's CEO and Chairman. "With All American as one of our newest national distributors, HBA will be able to deliver our new full line of innovative solutions to meet the needs of the dynamic communications market."

About HBA

High Bandwidth Access (HBA) is an ISO 9001 certified, fabless IC design company delivering a full range of the most advanced FIFO and specialty memory products to the electronics industry. Based on an innovative architecture and ASIC approach, HBA products provide the industry's highest bandwidth, highest density (up to 5Mb), and competitive prices on 3.3V and 5V memory devices. HBA has partnered with IC foundry leader UMC for semiconductor manufacturing and ASE Test Limited for IC packaging and testing, ensuring customers of high quality, high capacity, just-in-time delivery, and access to the latest technology. For more information about HBA, visit the company's website at http://www.hba.com.

Make Memory Smarter.(TM)

About All American

All American is recognized as the 5th largest distributor of semiconductors in North America. The Company has offices in 36 strategic locations across the United States, Canada and Mexico. A leader in providing state-of-the-art distribution technologies, All American offers among the most comprehensive service capabilities available including some of the most sophisticated custom designed supply chain management programs. For more information, please visit the company's web site at: http://www.allamerican.com.

To the extent that this press release discusses future performance, expectations, beliefs or intentions about our bookings, sales, markets, new technologies, new distribution agreements or otherwise makes statements about our industry's or All American's future, the statements are forward-looking and are subject to a number of risks and uncertainties that could cause actual results, performance or achievements to differ materially from the statements made. Please see All American's reports on Forms 10-K and Forms 10-Q and other press releases for a description of these risks and uncertainties.