Exhibit 99.1
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Company Contact:
Bill Willett
Programmer's Paradise(R), Inc.
Chairman and Chief Executive Officer
(732)-389-8950
bill.willett@programmers.com
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PROGRAMMER'S PARADISE(R), INC. ANNOUNCES TRANSFER
TO NASDAQ SMALL CAP MARKET
Shrewsbury, NJ, June 5, 2003 - Programmer's Paradise, Inc. announced that its
request to transfer from the NASDAQ National Market to the NASDAQ Small Cap
Market has been approved, effective at the opening of business on Monday, June
9, 2003. Programmer's Paradise's common stock will continue trading under its
current symbol PROG.
Programmer's Paradise, Inc. is an international marketer of software targeting
software development professionals and information technology professionals
within enterprise organizations. Programmer's Paradise enhances software
development productivity by providing a single-source for software development
tools from industry-leading vendors selected on the basis of features, quality,
price and warranty. The Company offers over 70,000 SKUs from more than 2,000
publishers and manufacturers and distributes these products through multiple
distribution channels. Programmer's Paradise web site is located at
www.programmersparadise.com.
For further information contact Bill Willett, CEO of Programmer's Paradise at
(732) 389-8950 or bill.willett@programmers.com.
The statements in this release concerning the Company's future prospects are
forward-looking statements that involve certain risks and uncertainties. Such
risks and uncertainties include the continued acceptance of the Company's
distribution channel by vendors and customers, the timely availability and
acceptance of new products, and contribution of key vendor relationships and
support programs.