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Transformation Processing andATEC Group Establish Teaming Agreement to Pursue Year 2000 andMigration Opportunities
December 11, 1998 08:01 AM
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Dec. 11, 1998--Transformation Processing Inc. (TPI)TPII announced today that it has formed an alliance through a Teaming Agreement with ATEC Group Inc. ATEC , of Hauppauge, New York to pursue business in the areas of Year 2000 remediation, along with Embedded Systems and migration solutions. Both companies are currently engaged in providing a variety of solutions and, the synergies and resources of both can be leveraged to pursue additional business. ATEC Group Inc. is a leading systems integrator and provider of a full line of computer and information technology products and services to business, professionals, government agencies and educational institutions. ATEC has experienced rapid growth over the last two years. The company focuses on core competencies including systems design, high speed data transmissions, LAN/WAN, video conferencing and internet/intranet technology. 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 IT and embedded solutions, Groupware Services (i.e Sales Automation, Customer Relationship Management and Lotus Notes) and Support Services. This news release includes forward-looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, the timely funding of customer's projects, customer payments to the company and other risks detailed from time to time by the company on the SEC reports. For more information about TPI, see our web site at www.tpii.com, or ATEC at www.atecgroup.com.
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