HispanicBusiness

Earnings Conference Call
As previously announced, the Company will host a conference call on Tuesday, December 11, 2012, at 12:00 p.m. Eastern Time featuring remarks by Ken Chymiak, Chairman of the Board, David Humphrey, President and Chief Executive Officer, Dave Chymiak, Chief Technology Officer, and Scott Francis, Chief Financial Officer. The conference call will be available via webcast and can be accessed through the Investor Relations section of ADDvantage's website, www.addvantagetechnologies.com. Please allow extra time prior to the call to visit the site and download any necessary software to listen to the Internet broadcast. The dial-in number for the conference call is (888)-503-8169 (domestic) or (719)-325-2455 (international). All dial-in participants must use the following code to access the call: 1343147. Please call at least five minutes before the scheduled start time.

For interested individuals unable to join the conference call, a replay of the call will be available through December 25, 2012 at (877) 870-5176 (domestic) or (858) 384-5517 (international). Participants must use the following code to access the replay of the call: 1343147. The online archive of the webcast will be available on the Company's website for 30 days following the call.

About ADDvantage Technologies Group, Inc.
ADDvantage Technologies Group, Inc. supplies the cable television (CATV) industry with a comprehensive line of new and used system-critical network equipment and hardware from leading manufacturers, including Cisco, Motorola, ARRIS and Fujitsu Frontech North America, as well as operating a national network of technical repair centers. The equipment and hardware ADDvantage distributes is used to acquire, distribute, and protect the broad range of communications signals carried on fiber optic, coaxial cable and wireless distribution systems, including television programming, high-speed data (Internet) and telephony.

ADDvantage operates through its subsidiaries, Tulsat, Tulsat-Atlanta, Tulsat-Nebraska, Tulsat-Texas, NCS Industries, ComTech Services and Adams Global Communications. For more information, please visit the corporate web site at www.addvantagetechnologies.com.

The information in this announcement may include forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements. These statements are subject to risks and uncertainties, which could cause actual results and developments to differ materially from these statements. A complete discussion of these risks and uncertainties is contained in the Company's reports and documents filed from time to time with the Securities and Exchange Commission.

(Tables follow)

                     ADDVANTAGE TECHNOLGIES GROUP, INC.                    CONSOLIDATED STATEMENTS OF OPERATIONS                                 (UNAUDITED)                            Three Months Ended             Year Ended                              September 30,              September 30,                            2012         2011          2012         2011                        ------------ ------------  ------------ ------------Sales:  Net new sales income  $  5,126,330 $  6,956,791  $ 20,743,264 $ 25,467,734  Net refurbished sales   income                  2,167,944    2,805,656     9,814,763    7,430,603  Net service income       1,188,005    1,495,727     4,658,376    5,181,193                        ------------ ------------  ------------ ------------Total net sales            8,482,279   11,258,174    35,216,403   38,079,530Cost of sales              5,975,012    7,838,998    24,854,960   26,528,682                        ------------ ------------  ------------ ------------Gross profit               2,507,267    3,419,176    10,361,443   11,550,848Operating, selling, general and administrative expenses                  1,843,382    1,939,857     7,231,097    6,625,907                        ------------ ------------  ------------ ------------Income from operations       663,885    1,479,319     3,130,346    4,924,941Interest expense               7,192      165,930     1,113,854      696,634                        ------------ ------------  ------------ ------------Income before income taxes                       656,693    1,313,389     2,016,492    4,228,307Provision for income taxes                       236,000      584,000       766,000    1,692,000                        ------------ ------------  ------------ ------------Net income                   420,693      729,389     1,250,492    2,536,307Other comprehensive income:  Unrealized gain   (loss) on interest   rate swap, net of   taxes                           -      (11,528)      587,258      189,425                        ------------ ------------  ------------ ------------Comprehensive income    $    420,693 $    717,861  $  1,837,750 $  2,725,732                        ============ ============  ============ ============Earnings per share:  Basic                 $       0.04 $       0.07  $       0.12 $       0.25  Diluted               $       0.04 $       0.07  $       0.12 $       0.25Shares used in per share calculation:  Basic                   10,189,120   10,207,390    10,196,241   10,175,213  Diluted                 10,189,563   10,209,323    10,197,496   10,178,763                     ADDVANTAGE TECHNOLGIES GROUP, INC.                        CONSOLIDATED BALANCE SHEETS                                                       September 30,                                                    2012           2011                                               -------------  -------------AssetsCurrent assets:  Cash and cash equivalents                    $   5,191,514  $  10,943,654  Accounts receivable, net of allowance of   $300,000                                        3,050,796      4,244,049  Income tax refund receivable                       409,386        349,745  Inventories, net of allowance for excess and   obsolete inventory of $1,000,000 and   $1,556,000, respectively                       22,666,385     25,777,747  Prepaid expenses                                   129,357        177,486  Deferred income taxes                              920,000      1,059,000                                               -------------  -------------Total current assets                              32,367,438     42,551,681Property and equipment, at cost:  Land and buildings                               8,794,272      8,683,679  Machinery and equipment                          2,953,949      2,856,615  Leasehold improvements                               9,633        205,797                                               -------------  -------------Total property and equipment, at cost             11,757,854     11,746,091Less accumulated depreciation and amortization    (3,666,327)    (3,392,329)                                               -------------  -------------Net property and equipment                         8,091,527      8,353,762Other assets:  Deferred income taxes                                    -        403,000  Goodwill                                         1,560,183      1,560,183  Other assets                                        13,778         19,245                                               -------------  -------------Total other assets                                 1,573,961      1,982,428Total assets                                   $  42,032,926  $  52,887,871                                               =============  =============Liabilities and Shareholders' EquityCurrent liabilities:  Accounts payable                             $   1,437,492  $   2,675,907  Accrued expenses                                 1,030,174      1,240,224  Notes payable - current portion                    184,008      1,814,008                                               -------------  -------------Total current liabilities                          2,651,674      5,730,139Notes payable, less current portion                1,502,612     10,244,120Deferred income taxes                                 62,000              -Other liabilities                                          -        957,258Shareholders' equity:  Common stock, $.01 par value; 30,000,000   shares authorized; 10,465,323 and   10,431,354 shares issued, respectively;   10,189,120 and 10,207,390 shares   outstanding, respectively                         104,653        104,314  Paid in capital                                 (5,748,503)    (5,884,521)  Retained earnings                               43,980,590     42,730,098  Accumulated other comprehensive loss:    Unrealized loss on interest rate swap, net     of tax                                                -       (587,258)                                               -------------  -------------  Total shareholders' equity before treasury   stock                                          38,336,740     36,362,633  Less: Treasury stock, 276,203 and 223,964   shares, respectively, at cost                    (520,100)      (406,279)                                               -------------  -------------Total shareholders' equity                        37,816,640     35,956,354                                               -------------  -------------Total liabilities and shareholders' equity     $  42,032,926  $  52,887,871                                               =============  =============