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8

Programmer's Paradise (PROG)

Getting technical software into the hands of large-scale information-technology developers is paying off for Programmer's Paradise. Its catalog has long been popular with small developers, but recently the company has seen rising popularity with larger clients, such as Lockheed Martin, Capital One, U.S. Bank, and the U.S. Patents & Trade Office. This has paid off in average annual earnings increases of 372.7% over the past three years. Programmer's Paradise has recently added onsite IT services, database-development and lifecycle-development tools to its menu, helping to add energy and longevity to Programmer's Paradise. The company has also successfully reinvested capital in marketing and other key functions. To keep moving at this rate, the company just needs to find enough engineers.

Company Info

2005 Rank

NR

Market Value*
($ Millions)

53.0

Sales*
($ Millions)

142.8

Sales Growth
(3-yr. avg. annual)

30.2 %

Profits*
($ Millions)

2.9

Profit Growth
(3-yr. avg. annual)

372.7 %

Return on Inv. Capital (3-yr.)

20.6 %

Share Price
12-Mo. Hi/Lo

14/8

Share Price
As of 4/28/06

13

Return on Equity

15.5 %

P/E Ratio

19

No. of Employees

116

Industry Application Software
CURRENT
MARKET INFO

PROG >

COMPANY WEB SITE >
Location Shrewsbury, N.J.
Phone 732 389-8950
*Trailing 12 months
Stock price data as of 4/28/06
DATA: Standard & Poor's Compustat

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Company Snapshot

Programmer's Paradise markets software to software development and information technology professionals in the U.S. and Canada. It offers technical software and hardware for microcomputers, servers, and networks, including technical and general business application software from a range of publishers and manufacturers. The company markets products through catalogs, direct mail programs, and advertisements in trade magazines, as well as through Internet and email promotions. Its catalogs offer collections of microcomputer technical software, including programming languages, tools, utilities, libraries, development systems, interfaces, and communication products. The company also distributes products to dealers and resellers in the U.S. and Canada. Programmer's Paradise was founded in 1982 and is headquartered in Shrewsbury, N.J.


Data provided by Capital IQ
 
Simon F.  Nynens

Simon F. Nynens, 34

Chief Executive Officer, President and Director


Total Compensation*

$ 286,000

Total Options Value*

$ 262,000

* Fiscal Year 2005

DEGREES HELD
CPA, Harvard Business School - Graduate of Advanced Management Program


Executive Bio

Simon Nynens was appointed president and chief executive officer in January, 2006. Nynens also serves on the board of directors. Nynens has worked for Programmer's Paradise for the past eight years. He previously held the positions of executive vice-president, chief financial officer, and vice-president. He has also served as the vice-president and CFO of the company's European operations. Nynens is a Certified Public Accountant in New Jersey as well as a Registered Accountant in the Netherlands and a member of the Royal Dutch Institute of Registered Accountants. He is also a graduate of the Advanced Management Program at Harvard Business School.


Management Team

Key Executives

Simon F. Nynens; Vito Legrottaglie; Jeffrey C. Largiader; Daniel T. Jamieson; Steve R. McNamara; Kevin Scull

Board Directors

F. Duffield Meyercord; Edwin Huffman Morgens; William H. Willett; Simon F. Nynens; Mark T. Boyer; Allan D. Weingarten


Executive Data provided by Capital IQ