EXHIBIT 99.1 COMPANY CONTACT: BILL WILLETT PROGRAMMER'S PARADISE(R), INC. CHAIRMAN AND CHIEF EXECUTIVE OFFICER (732)-389-8950 bill.willett@programmers.com PROGRAMMER'S PARADISE, INC. REPORTS 2005 FIRST QUARTER FINANCIAL RESULTS FIRST QUARTER SALES INCREASE 46% SHREWSBURY, NJ, APRIL 28, 2005 - Programmer's Paradise, Inc. (NASDAQ: PROG) today reported financial results for the first quarter ended March 31, 2005. The results will be discussed in a conference call to be held on Friday, April 29, 2005 at 10:00 AM Eastern time. The dial-in telephone number is (888) 311-9053 and the pass code is 548758. Net sales for the quarter ending March 31, 2005 were $30.2 million compared with $20.7 million in the first quarter of 2004, a 46% increase. "This solid performance is a result of the ongoing expansion of our account executive team and increased productivity," said William H. Willett, Chairman and Chief Executive Officer. "We plan to further invest in our sales team in an effort to continue to grow our market share." First quarter income from operations in 2005 was $444,000, an increase of 17% as compared to the first quarter of 2004. At the start of the second quarter of 2005, we launched a satellite sales center in Long Island, New York. Our expectation is that this new office will have a positive impact on our growth. Programmer's Paradise, Inc. (NASDAQ: PROG) was founded in 1982 and is an award-winning marketer of technical software and hardware. When it comes to software, Programmer's Paradise has it all. Programmer's Paradise is one of the most recognizable and memorable brands in developer marketing. Our experienced account executives are key in our strategy. We offer our customers customized extranets, consultancy services, and flexible financing, as well as same day shipping. Additional information can be found by visiting www.programmersparadise.com. Contact Programmer's Paradise, Inc. via Bill Willett, CEO of Programmer's Paradise, Inc. 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. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in our filings with the Securities and Exchange Commission. - Tables Follow - PROGRAMMER'S PARADISE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)