Manchester, Inc. Appoints Financial Relations Board As Investor Relations Counsel

DALLAS, Aug. 16, 2006 -- Manchester, Inc. (BULLETIN BOARD: MNCS) , today announced that it has retained the Financial Relations Board (FRB) to implement components of the Company's investor relations program, including extensive communications and proactive outreach to the investment community.

"We have engaged FRB to assist us in communicating our achievements and prospects to key audiences and building our relationship with members of the investment community throughout the United States," said Mr. James A. Worosz, Senior Vice President of Finance.

"The Company anticipates that its initial acquisition of an existing "Buy Here/Pay Here" auto dealership will close shortly and expects to pursue the acquisition of several additional dealerships interested in becoming part of Manchester. Manchester expects to grow rapidly as we move to acquire and operate "Buy-Here Pay-Here" automobile dealership businesses. FRB will assist in valuation and peer multiple analysis, disclosure duties as well as institutional and retail targeting."

About Manchester, Inc.

Manchester, Inc., headquartered in Dallas, seeks to create the preeminent company in the Buy-Here Pay-Here auto business, selling and financing used vehicles to credit-impaired borrowers. The Company intends to sell acquired and newly generated receivable portfolios through a securitization process.

About the Financial Relations Board

For over 44 years, Financial Relations Board (FRB) has set the standard for excellence in the practice of investor relations. FRB is the oldest and largest IR firm in the U.S. With offices in New York, Chicago, Los Angeles, San Francisco and London, the firm pioneered the IR field and continues to deliver results for its clients through innovative ideas, sound counsel and superior personal service.

This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. Manchester cannot provide assurances that any prospective matters described in this press release will be successfully completed or that the company will realize the anticipated benefits of any prospective transaction. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the company's ability to retain key management and employees; intense competition and the company's ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Manchester Inc. SEC filings. Manchester Inc. undertakes no obligation to update information contained in this release. For further information regarding risks and uncertainties associated with the business of Manchester Inc., please refer to the risks and uncertainties detailed in the Manchester Inc. SEC filings.