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To: TEDennis (7003 )
From: DR. MEADE Thursday, May 14 1998 1:33PM ET
Reply # of 7004
Transformation Processing Inc. Effects Registration with the SEC
MISSISSAUGA, Ontario--(BUSINESS WIRE)--May 14, 1998-- Transformation
Processing Inc. (TPI)(OTC BB: TPII) John McGee, TPI's chief financial
officer, is pleased to announce that on May 11, 1998, the company became
effective as a reporting company under the Securities Exchange Act of
1934 with the U.S. Securities and Exchange Commission ("SEC"). The
company will meet the NASD's requirements that OTC Bulletin Board
securities be registered with the SEC, while the company continues its
efforts to qualify for a Nasdaq SmallCap Market listing.
Transformation Processing Inc. is an Information Technology company that
develops and markets software and services that enable companies
worldwide to automatically migrate their application programs and data
from legacy systems to open system and client/server environments. TPI
has evolved from providing AS/400 legacy code migration services to a
company supporting four lines of business: Client Server Migration, Year
2000, Groupware and Support Services.
For more information about TPI, see our web site at www.tpii.com.
CONTACT:
Transformation Processing Inc., Mississauga
Samantha Chapman, Internal Investor Relations
905/812-9927 or 888/222-5967
or
Transformation Processing Inc., Mississauga
John McGee, Chief Financial Officer
905/812-7907
or
Martin E. Janis & Company Inc., Chicago
Media Contact: Hal Schweig
Investor Contact: Jim Janis
312/943-1100
KEYWORD: NEW YORK
BW1285 MAY 14,1998
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