FOR IMMEDIATE RELEASE

                                                           CONTACT:
                                                  Erich J. Stegich
                                                  Director of Communications
                                                  Telephone:  (631) 435-1199
                                                  Fax:  (631) 435-2113
                                                  Email: estegich@mecnet.com

                                *** CORRECTION***
            MANCHESTER TECHNOLOGIES NAMES NEW CHIEF FINANCIAL OFFICER


Hauppauge,  NY, August 7, 2002- Manchester  Technologies,  Inc. (NASDAQ: MANC) a
leading solutions provider,  today announced the appointment of Elan Yaish, CPA,
to the position of Chief  Financial  Officer,  subject to board  approval at the
board of directors meeting to be held August 12, 2002. As CFO, Mr. Yaish will be
responsible  for all aspects of the  financial  operations  and  planning of the
Company. In addition,  Mr. Yaish will be responsible for the treasury,  investor
relations and corporate development functions of the Company.

Mr. Yaish joins  Manchester  with more than a decade of experience in accounting
in the public and private sector. Most recently, he served as the Assistant Vice
President of Finance for Comverse  Technology,  Inc., where he managed more that
$1.8  billion in cash and  investments.  During his tenure at Comverse Mr. Yaish
was responsible for SEC reporting,  was involved in mergers and acquisitions and
was instrumental in the initial public offerings of Comverse's subsidiaries.

"We are  very  pleased  to have  Elan on  board.  His  extensive  experience  in
financial  management in the technology  sector makes him a welcome  addition to
our senior management team," said Barry R. Steinberg, CEO of Manchester. "Elan's
mergers  and  acquisitions  experience  will prove  useful to  Manchester  as we
continue to pursue acquisitions as part of our growth strategy."

Commenting  on his new position,  Mr. Yaish  stated,  "I look forward to working
with the Manchester  team. I am very  impressed with the underlying  strength of
the  Company,  and I am  very  excited  about  its  prospects  for  the  future.
Manchester has a solid business model and I look forward to providing  financial
leadership."

Prior to working at Comverse Technology, Mr. Yaish was Vice President of Finance
for Trans-Resources,  Inc., where he oversaw all areas of accounting and finance
for a $500 million multi-national  agricultural and industrial chemical company.
Before joining Trans-Resources, he was employed at Deloitte & Touche LLP.


About Manchester Technologies, Inc.:
Manchester  Technologies,  Inc.,  founded in 1973, is a single-source  solutions
provider specializing in hardware and software  procurement,  custom networking,
storage, enterprise and Internet solutions. Manchester engineers provide answers
to  companies'  MIS  needs  by  combining  comprehensive  analysis,  design  and
integration  services with a complete line of competitively  priced products and
peripherals  from the industry's  leading vendors.  For more  information  about
Manchester, visit the Company's web site at http://www.e-manchester.com
                                                       ###

This press release  includes  information  that may  constitute  forward-looking
statements  within the meaning of the federal  securities  laws.  All statements
other than statements of historical fact, including,  without limitation,  those
with respect to Manchester Technologies, Inc.'s objectives, plans and strategies
set forth  herein and those  preceded by or that  include the words  "believes,"
"intends,"  "expects," "will," "plans,"  "anticipates," or similar  expressions,
are forward-looking  statements.  These forward-looking statements speak only as
of the date of this  press  release.  Manchester's  actual  results  may  differ
materially from the results  discussed herein as a result of a number of unknown
factors,  including,  without  limitation,  the risks set forth in  Manchester's
Annual Report on Form 10-K for the year ended July 31, 2001, and those set forth
from time to time in Manchester's other filings with the Securities and Exchange
Commission.  Manchester  assumes no obligation to update any of the  information
referenced in this press release.