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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (22066)1/14/1999 3:22:00 PM
From: Frederick Langford  Read Replies (1) of 120523
 
Jenna,
Check this out: News release 1/7
Manchester Equipment Co., Inc. Announces New E-Commerce
Website to Kick Off 27th Year in Business

PR Newswire - January 07, 1999 17:45

HAUPPAUGE, N.Y., Jan. 7 /PRNewswire/ -- Manchester Equipment Co., Inc. (Nasdaq: MANC), the
corporate computer system reseller and network integrator, will celebrate the beginning of its 27th year in
business by launching its new website and electronic commerce system on Monday January 18, 1999.
Completely revamped visually and functionally, the new site (www.manchesterequipment.com) will allow both
existing customers and corporate shoppers to find product specifications, compare products, check price and
availability, and place and track orders quickly and easily 24 hours a day, seven days a week.

"Many of our customers participated in the design and functionality of this new site," said Barry Steinberg, CEO
of Manchester. "In addition to the traditional 'shopping cart' types of functionality, we are delivering a true
electronic requisitioning and purchasing system. Each of our major customers can have their e-business account
customized to enable their authorized users to requisition and order products that their IT staff has approved.
The approval and ordering processes are tailored to the customer's individual requirements, improving efficiency
and accuracy for both Manchester and its customers. Our customers are telling us that we are giving them an
'end-to-end' system that gives them control over how and when they shop for and buy their computer products.
They are also getting easy and up-to-the-minute status on orders, and a system that permits Manchester account
managers to spend more time truly adding value to our customer's business. The ease of doing business with
Manchester makes this a real win for both our customers and for us!"

"Supply chain efficiency is not just a cliche," added Dick Wurst, Manchester's Director of Marketing. "Both
Manchester and our customers will truly benefit from the operating efficiency and effectiveness gains from using
our new system. We become more competitive and that is really what technology is supposed to do. We'll be
adding some exciting and useful interactive capabilities to the site over the next few months, enhancing our
position as "THE ANSWER" for all our customers' computer needs. Based upon early feedback from our
suppliers and beta-test customers, we expect a positive impact on our business."

Manchester Equipment Co., Inc. is a network integrator and reseller of computer hardware, software and
networking products, primarily for commercial customers. The Company offers its customers single-source
solutions customized to their information systems needs by combining value-added services with hardware,
software, networking products and peripherals from leading vendors. More information about the Company can
be obtained by visiting the Company's website located at manchesterequipment.com.

This press release contains certain forward-looking statements that involve risks and uncertainties. The
Company's actual results may differ materially from the results discussed herein as a result of a number of
unknown factors. Such factors include, but are not limited to, there being no assurance that the Company will be
successful in enhancing its business through its expanded internet presence, that the Company will be successful
in its efforts to focus on higher-margin products and value-added services, that the Company will be successful
in attracting and retaining highly skilled technical personnel and sales representatives necessary to implement the
Company's growth strategies, that the Company will be successful in integrating, maintaining and growing the
business of acquired companies, that the Company will not be adversely affected by continued intense
competition in the computer industry, a lack of product availability or deterioration in relationships with major
manufacturers, or a loss or decline in sales to any of its major customers, or any of the other risks set forth in the
Company's Annual Report on Form 10-K for the year ended July 31, 1998, and those set forth from time to
time in the Company's other filings with the Securities and Exchange Commission.

SOURCE Manchester Equipment Co., Inc.

/CONTACT: A. Richard Wurst, Director of Marketing of Manchester Equipment
Co., Inc., 516-435-1199, or fax, 516-35-2113, or rwurst@mecnet.com/

/Web site: mecnet.com

/Web site: manchesterequipment.com

(MANC)

In NYTH105, Manchester Equipment Co., Inc. Statement, moved earlier today, the fax number in the
CONTACT line should read 516-435-2113, rather than 516-35-2113, as incorrectly transmitted by
PRNewswire.

more here:
dayinvestor.com
Fred
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