To all who havent visited TPII's web page here are some highlights from
the page directly taken from it: First the corporate profile:
Listed:
NASDAQ Bulletin Board
Symbol:
TPII
Recent Price:
$1.00
Range:
$1.00 - $5.00
Capitalization
Outstanding:
12.287 million
Fully Diluted:
12.287 million
Management
Paul G. Mighton
Chairman & CEO
Gary G. McCann
President & COO
John G. McGee
Chief Financial Officer
Vladimir Stepanoff
Vice President, Technology
Peter W. Ross
Sr. Vice President, Sales & Marketing
Legal Counsel:
Wildeboer, Rand, Thomson, Apps & Dellelce
Transfer Agent:
Montreal Trust
Banker:
National Bank
Auditor:
Mintz & Partners
Investor Relations:
Oxford Investor Relations
For further information, contact:
Philip Beaudoin
Oxford Investor Relations
411 Richmond Street East, Suite 206
Toronto, Ontario
Canada M5A 3A5
Telephone: (416) 868-6666
Direct: (416) 368-6919
Facsimile: (416) 868-0943
Next, here is what TPII does according to their web page;
TRANSFORMING INFORMATION
Transformation Processing Inc. (TPI) specializes in developing and marketing software that enables companies
with major capital investments in aging computer systems ("legacy systems") to automatically transform their
databases for immediate use on newer, more robust and cost-effective "open systems", also known as
client/server environments. A legacy system locks a company's applications and data into a mainframe that is
controlled by a small group of technical specialists. A legacy system cannot provide employees the access,
flexibility and speed that today's marketplace requires. Open systems provide simple, transparent access to
information integrated from diverse data sources, as well as accommodating new applications.
Client/server is the answer to three key business challenges that will give organizations competitive edge in the
1990's:
a distribution of processes and data across the business, where the are most needed;
the harnessing of cheap desktop MIPS and advanced desktop technologies; and
the integration of information from diverse corporate sources
THE CONVERSION
Having made the decision to migrate to an open system, business leaders face the reality that a specialist in
translating legacy code manually will normally convert 10 lines of code per day. When a migration requires that
millions of lines of code be re-written, the project is so time consuming that it is often outdated before it is
complete. Other traditional approaches, "emulation" and "conversion", retain so much of the legacy logic or
architecture that they actually undermine corporate objectives of moving forward to open systems.
THE TPI SOLUTION
TPI's TRANSFORM Series software was developed over a 15 year period. The TRANSFORM Series
disassembles the legacy code at the record and operating system reference level. It then translates and
reassembles the code into a distributed open system environment. This technology is targeted at the global
marketplace, and has already proven its effectiveness.
THE TPI ADVANTAGE
The key to TPI's approach is superior architecture and methodology. These enable the software to automatically
migrate the legacy data and applications of most organizations on virtually an overnight basis. By immediately
enabling a client/server environment, the TRANSFORM Series creates benefits in cost, efficiency, time, quality
and ongoing maintenance.
TPI is capable of translating/migrating application software from IBM mid-range systems so as to provide
equivalent functionality on today's and tomorrow's computer platforms. TPI has developed software solutions -
the TRANSFORM Series that automate the translation of the legacy code into current computer platforms at a
rate of 1,000 lines per minute - the equivalent of over 3 months work for a manual converter.
"Thank you for all the support your company has provided us in migrating our AS/400
applications to the RS/6000. We look forward to successfully converting the 500,000 lines of
code in the next month."
-- Letter from Ralston Purina to TPI, December 10, 1996.
THE YEAR 2000 ENABLER
TPI's TRANSFORM Series software is an invaluable tool for ensuring expedient and accurate migration of legacy
code as part of an enterprise's Year 2000 project management. This issue has achieved urgency, and originates in
the practice in most legacy systems of storing dates by using only 2 digits to designate the year. The year 2000,
for instance, is recorded as '00'. As computers try to make calculations involving the year 2000, they are
confusing it with 1900 or other, seemingly random, dates. This is creating enormous problems for banks,
insurance companies, utility companies - any institution in which data are associated with dates.
MARKETING
The Securities Exchange Commission has stated that public companies must start now to transform their
language, and has estimated that the cost to American corporations will be $600 billion.
The Information Technology Association of Canada estimates that the cost to Canadian corporations will be
between $25 billion and $35 billion. To solve the problem traditionally would mean sifting through and altering
billions of lines of instructions in several programming languages. It has been calculated that there are not
enough programmers on the planet to change the old language manually in time.
With TPI technology, the transformation of legacy code required in a Year 2000 project can be done in a fraction
of the time, and at a fraction of the labour overhead costs. The market for this technology, like the problem it
solves, is worldwide.
TPI will directly pursue and execute migration business. However, the largest percentage of TPI income will be
generated by licensing the use of its technologies to business partners globally, rather than in the direct
provision of services. TPI will share in the revenues of each project undertaken by its partners, as well as receive
licenses for each system sharing output from the project. The majority of conversions will result in software
being installed in multiple sites. For example, a single migration currently being completed in Europe will result in
the software being installed in over 400 sites.
A cornerstone of the TPI marketing strategy is the formation of business partner relationships with major
Information Technology companies in the hardware, database and application software sectors. Those
organizations have thousands of their own partners who can enhance their revenue potential by utilizing TPI
software to facilitate migration and the installation of their core products.
TPI has had a technology review with Oracle, and has become an Oracle Business Alliance
Partner. We are currently looking forward to our first opportunity to work together in the
U.S. and Canada.
Partner relationships are being pursued with all major industry players as well as major consulting and system
integration firms.
3) The Peugeout contract:
Mississauga, Ontario - January 17, 1997: TPI is pleased to announce that PSA PEUGEOT
CITROEN, Paris, France, Europe's third largest automobile manufacturer, has utilized TPI's
TRANSFORM SERIES software to migrate their Mercure dealership software package from
over 200 IBM System/36 installations to new IBM OS/2 client-server systems. PSA PEUGEOT
CITROEN is currently addressing approximately 400 European dealer installations.
TPI inherited this project as a result of its acquisition of the CyberPlan software and clearly confirms
TPI's technology fully functioning and operational. This has also led to an opportunity for TPI to
negotiate an ongoing maintenance contract in support of the running software.
PSA PEUGEOT CITROEN chose TPI software to facilitate the migration to OS/2. TPI's
TRANSFORM/ORB middleware, combined with the ability to translate the S/36 RPG and OCL
languages to C, allowed PSA PEUGEOT CITROEN to retain 100% of their original application
logic in a client-server configuration.
4) The TPII advantage:
The TPI Advantage
1. Display requests can be made available simultaneously in character, Windows (GUI), Motif or
Web Browser Modes, in a manner that is transparent to the application logic.
2. Provides distributed processing in a flexible, multiple server environment.
3. Centralized resource management of distributed processing.
4. Transformed data is now re-represented in an industry standard database format that enables
decision support functionality.
Performance. Transformed applications will simply run faster than a conversion or emulation
environment.
TPI offers a smooth and manageable migration with a minimum of disruption, representing a
low risk entry path to open system.
7. Unlike emulation or conversion, TPI's transform process differentiates and distinguishes itself
through the ability of the transformed software to be maintained in an unparalleled fashion. From a
maintenance perspective, TPI translation appears to the programmer community not merely to be
well written code, but following good industry standards and practices.
8. TPI translators produce natural looking application code that is acceptable for continued
development on the chosen computer platforms.
9. Automatic translation maximizes quality control.
* Please note this is all taken from TPII's web page at tpii.com
and there is much more info available at that page! |
