Manchester (NASDAQ:MANC)
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Manchester Technologies, Inc. Announces Resignation of Robert J. Valentine From
Its Board of Directors; Election of Dr. Yacov A. Shamash to Fill Vacancy
HAUPPAUGE, N.Y., Dec. 19 /PRNewswire-FirstCall/ -- Manchester Technologies,
Inc. , a leading computer and network solutions provider and display technology
distributor, announced today that Robert J. "Bobby" Valentine has resigned from
it Board of Directors, and the Board has elected Dr. Yacov Shamash to fill the
vacancy that was created by Mr. Valentine's resignation. Dr. Shamash is the Dean
of the College of Engineering and Applied Sciences at the State University of
New York campus at Stony Brook.
"We are sorry that Mr. Valentine's new position in Japan has resulted in his
having to resign from our Board. His presence and contributions will be missed,
and we wish him the best of luck as Manager of the Lotte Marines Japanese
baseball team," said Barry Steinberg, CEO of Manchester. "However, we are
extremely pleased and fortunate to have Dr. Shamash join our Board," continued
Mr. Steinberg. "Dr. Shamash has a very strong technology background, is a
director of other successful technology companies and we look forward to
benefiting from the insight he will bring to our Board."
Prior to joining SUNY Stony Brook in 1992, Dr. Shamash served as the Chairman of
the Electrical and Computer Engineering Department at Washington State
University and developed and directed the National Science Foundation
Industry/University Cooperative Research Center for the Design of Analog/Digital
Integrated Circuits. Dr. Shamash is a member of the Board of Directors of Key
Tronic Corporation and American Medical Alert Corp. He also serves on the
Boards of numerous not-for-profit organizations, such as the Long Island High
Technology Incubator (LIHTI), the Long Island Forum for Technology (LIFT) and
the Long Island Software Technology Network (LISTnet).
Dr. Shamash received his undergraduate and graduate degrees from Imperial
College of Science and Technology in London, England, and has authored over 110
technical publications.
About Manchester Technologies, Inc.
Manchester Technologies, Inc. is a single-source solutions provider specializing
in hardware and software procurement, display technology, custom networking,
security, IP telephony, remote management, application development/e-commerce,
storage, enterprise and Internet solutions. Manchester offers its customers
single-source solutions customized to their information systems needs by
integrating its analysis, design and implementation services with hardware,
software, networking products and peripherals from leading vendors. In addition,
Manchester offers a complete line of products and peripherals for customers'
display technology requirements. More information about the Company can be
obtained by visiting the Company's website located at
http://www.e-manchester.com/
Statement Under the Private Securities Litigation Reform Act
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, 2003, 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. These documents are available through the
Company, or through the Securities and Exchange Commission's Electronic Data
Gathering Analysis and Retrieval system (EDGAR) at http://www.sec.gov/.
DATASOURCE: Manchester Technologies, Inc.
CONTACT: Erich Stegich, Director of Communications of Manchester
Technologies, Inc., +1-631-951-7209, Fax: +1-631-951-7955, or
Web site: http://www.e-manchester.com/