EXHIBIT 99.1

Headline: Eaco Restructures


April 4, 2006


Eaco Corporation today announced that Edward Alexander,
President of Eaco Corporation, no longer serves the Company
in that capacity; he will be a consultant to the Company for
the next two months.  This change is part of a restructuring
program designed to cut overhead and maintain profitability.
Mr. Alexander had been with the company for fifteen years
serving as Controller, Chief Financial Officer and, finally,
President.  The Company thanks Mr. Alexander for his
committed service.

To further reduce expenses, the corporate offices have been
moved from Jacksonville, Florida to Anaheim, California,
where the company has subleased space from Bisco Industries,
Inc., the wholly owned company of Glen Ceiley, Chairman of
the Board and CEO of Eaco Corporation.

In addition to contract help, Eaco Corporation will be run
on a day to day basis by a steering committee consisting of
members of Bisco Industries senior management, led by Glen
Ceiley.  The committee will continue the efforts of managing
existing investments as well as developing additional
investments and lines of business designed to increase
shareholder value.

Contact:

Eaco Corporation, Anaheim, CA
Denise Garbusov  714-876-2490

Any statements that are not based on historical fact are
forward-looking statements. Although such statements are
based on management's current estimates and expectations,
and currently available competitive, financial, and economic
data, forward-looking statements are inherently uncertain.
We, therefore, caution the reader that there are a variety
of factors that could cause business conditions and results
to differ materially from what is contained in our forward-
looking statements. For a description of some of the factors
which may occur that could cause actual results to differ
from our forward-looking statements please refer to our 2005
Form 10-K.