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^(R), INC. REPORTS 2004 FIRST QUARTER
FINANCIAL RESULTS

NET SALES INCREASE 36%

EARNINGS PER SHARE OF $.10

SHREWSBURY, NJ, April 22, 2004 - Programmer's Paradise^(R), Inc. (NASDAQ: PROG) today reported financial results for the first quarter ended March 31, 2004. The results will be discussed in a conference call to be held on Friday, April 23, 2004 at 10:00 AM Eastern time. The dial-in telephone number is (703) 871-3096 and the pass code is "PROG".

Revenue for the quarter ended March 31, 2004 was $20.7 million compared with $15.2 million for the quarter ended March 31, 2003. This year-over-year increase of 36% reflects a more favorable IT spending environment, improved productivity and expansion of our account executive team.

Bill Willett, Chairman and Chief Executive Officer, stated, "Our seasoned account executives continue to gain market share and with the improved market condition we will continue to expand our account executive team."

Earnings per share for the quarter were $.10 compared with earnings per share of $.01 for the same quarter of 2003.

Programmer's Paradise, Inc. is a marketer of technical software and hardware for microcomputers, servers and networks in the United States and Canada. Programmer's Paradise offers a wide variety of technical and general business application software, PC hardware and components from a broad range of publishers and manufacturers. 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.

- Tables Follow -

PART I - FINANCIAL INFORMATION

PROGRAMMER'S PARADISE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

March 31,

2004

(Unaudited)

December 31,

2003

(Audited)

ASSETS

Current assets

Cash and cash equivalents

$       2,823

$     5,878

Marketable Securities

         7,583

         5,033

Accounts receivable, net

         9,282

         7,783

Inventory - finished goods

         1,257

         1,119

Prepaid expenses and other current assets

            547

            333

Total current assets

       21,492

       20,146

Equipment and leasehold improvements, net

            274

            292

Other assets

              51

              51

Total assets

$     21,817

========

$   20,489

========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued expenses

$     10,098

$     8,919

Dividend payable

            382

           375

Total current liabilities

       10,480

        9,294

Commitments and contingencies

Stockholders' equity

Common stock, $.01 par value; authorized, 10,000,000

   shares; issued 5,284,500 shares

             53

            53

Additional paid-in capital

      33,717

     34,099

Treasury stock, at cost, 1,465,715 shares and

1,533,970 shares, respectively

     (4,300)

     (4,490)

Retained earnings

   (18,183)

   (18,545)

Accumulated other comprehensive loss

            50

           78

Total stockholders' equity

     11,337

    11,195

Total liabilities and stockholders' equity

$   21,817

=======

$   20,489

=======

PROGRAMMER'S PARADISE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Unaudited)

(In thousands, except per share data)

Three months ended

March 31,

2004

    2003

Net sales

$ 20,679

$ 15,198

Cost of sales

     18,078

   13,210

Gross profit

      2,601

     1,988

Selling, general and administrative expenses

      2,222

     1,978

Income from operations

         379

          10

Interest income, net

           39

          31

Unrealized foreign exchange gain/(loss)

         (21)

          22

Income before income tax provision

         397

          63

Provision for income taxes

           35

          22

Net income

$       362

=======

$        41

======

Net income per common share-Basic

$    0.10

$     0.01

Net income per common share-Diluted

$      0.09

$     0.01

Weighted average common shares outstanding-Basic

      3,797

     3,745

Weighted average common shares outstanding-Diluted

      4,084

     3,754

Reconciliation to comprehensive income:

Net Income

$       362

$        41

Other comprehensive income (loss), net of tax:

     Unrealized gain (loss) on marketable securities

           10

          (5)

     Foreign currency translation adjustments

         (38)

        124

Total comprehensive income

$       334

=======

$      160

======

PART I - FINANCIAL INFORMATION

PROGRAMMER'S PARADISE, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)
	March 31, 2004 (Unaudited)	December 31, 2003 (Audited)
ASSETS
Current assets
Cash and cash equivalents	$ 2,823		$ 5,878
Marketable Securities	7,583		5,033
Accounts receivable, net	9,282		7,783
Inventory - finished goods	1,257		1,119
Prepaid expenses and other current assets	547		333
Total current assets	21,492		20,146

Equipment and leasehold improvements, net	274		292
Other assets	51		51
Total assets	$ 21,817 ========		$ 20,489 ========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Accounts payable and accrued expenses	$ 10,098			$ 8,919
Dividend payable	382			375
Total current liabilities	10,480			9,294

Commitments and contingencies

Stockholders' equity
Common stock, $.01 par value; authorized, 10,000,000
shares; issued 5,284,500 shares	53			53
Additional paid-in capital	33,717			34,099

Treasury stock, at cost, 1,465,715 shares and
1,533,970 shares, respectively	(4,300)			(4,490)
Retained earnings	(18,183)			(18,545)
Accumulated other comprehensive loss	50			78
Total stockholders' equity	11,337			11,195
Total liabilities and stockholders' equity	$ 21,817 =======			$ 20,489 =======

PROGRAMMER'S PARADISE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(Unaudited)
(In thousands, except per share data)

	Three months ended
	March 31,
	2004		2003

Net sales		$ 20,679	$ 15,198

Cost of sales		18,078	13,210

Gross profit		2,601	1,988

Selling, general and administrative expenses		2,222	1,978

Income from operations		379	10

Interest income, net		39	31

Unrealized foreign exchange gain/(loss)		(21)	22

Income before income tax provision		397	63

Provision for income taxes		35	22

Net income		$ 362 =======	$ 41 ======

Net income per common share-Basic		$ 0.10	$ 0.01

Net income per common share-Diluted		$ 0.09	$ 0.01

Weighted average common shares outstanding-Basic		3,797	3,745

Weighted average common shares outstanding-Diluted		4,084	3,754

Reconciliation to comprehensive income:
Net Income		$ 362	$ 41
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on marketable securities		10	(5)
Foreign currency translation adjustments		(38)	124
Total comprehensive income		$ 334 =======	$ 160 ======