I'm stuck with TRNT too, but hears something heartening. Also, they lost the Merck national contract, but still work for Merck in NJ (Merck's main presence is in NJ). The nuts and bolts Y2K buisness is growing.
TransNet Corporation Announces Contract Award
BRANCHBURG, N.J., Dec. 21 /PRNewswire/ -- TransNet Corporation (OTC Bulletin Board: TRNT - news) announced today
that the Company has been awarded a contract by the State of New Jersey -- Department of Human Services for Phase I Y2K
remediation work for the agency's desktop personal computers. The work will begin in January.
Steven J. Wilk, President said, ''We are pleased to have been awarded this contract and add the State of New Jersey --
Department of Human Services to our growing list of clients for whom we are providing Y2K remediation. As noted in numerous
articles, many state and local municipalities are just now addressing the impact of the ''millennium bug'' and we believe TransNet
can provide their solutions. We are presently engaged in various phases of implementation of similar Y2K services for large
corporate clients in the pharmaceutical, finance, communication and energy-related industries. Unlike Y2K issues associated with
larger systems, with respect to desktop personal computers clients' Y2K options include either remediation or full desktop
replacement. With respect to Y2K remediation services, we anticipate additional awards from state agencies and corporate
clients, and, related to these services, we anticipate increased hardware-related revenues from those clients who elect to replace
their older desktop computers.''
TransNet Corporation is a leading sales and support organization for personal computers, peripherals, and networks, and provides
sophisticated system integration and repair/maintenance services and user training. Its clients include Fortune 100 organizations,
primarily in the pharmaceutical, oil and gas, finance and communications industries, as well as educational and governmental
institutions. |
