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To: TokyoMex who wrote (12920)3/20/1998 12:21:00 PM
From: John Hanzl  Respond to of 31646
 
***Sort of Off Topic***

Press Release for TPII...

Company Press Release

Friday March 20, 10:59 am Eastern Time

Transformation Processing Inc. - Market Update - March 1998

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Paul G. Mighton, CEO of
Transformation Processing Inc. (TPI)
(OTCBB:TPII - news) announced a current summary of the Company's activities.

Year 2000

As the new millenium fast approaches, the global market is finally beginning to focus on
the Year 2000 problem it faces. This
ominous issue is not only in information technology, but also in embedded systems,
affecting all of our lives.

Embedded systems are devices used to control, monitor or assist the operation of
equipment, machinery or a plant.
''Embedded'' reflects the fact that they are an integral part of the system. In many cases
their embeddedness may be such that
their presence is far from obvious. At the other extreme a general-purpose computer
may be used to control the operation of a
large complex processing plant and its presence will be obvious.


In addition to providing a 'best of breed' end-to-end Year 2000 solution for
information technology problems, TPI is also ready
to assist organizations in assessing and remediating the embedded systems problems
that they face. We are quoting on many
Year 2000 projects, both IT related and embedded. We have begun work at several
sites and due to the litigious nature of this
problem, organizations are moving very slowly prior to signing these contracts. We
currently are negotiating through this process
with a number of clients.


TPI continues to grow its relationship with BMR Software. Our Year 2000
professionals have been working very closely with
Bob Bemer and his team performing the necessary due diligence on the Vertex 2000
product. Since signing a letter of intent
with BMR to represent the Vertex 2000 in the commonwealth countries, we have
continued to share various technical strategies
that include architecture, methodology, packaging, and marketing to ensure both BMR
and TPI can maximize the Vertex 2000
opportunity on a global level. BMR has now completed its alpha site implementation
with a live customer and TPI is currently
negotiating a large contract to use Vertex 2000 software for a beta site opportunity.
We expect to bring these negotiations to a
successful conclusion in the very near future.

In the area of research and development, our Year 2000 professionals are nearing the
end of the development cycle to launch
TPI's first proprietary Year 2000 scanning tool. This tool has shown efficiencies
allowing code to be scanned at a rate of
50,000 lines per second. The competitive advantage that our scanning tool will bring to
the market can be used to expedite the
front-end of the Year 2000 discovery project by quickly identifying 100% of the date
fields. At the back-end of the project, our
scanning tool has already been used for code verification of Year 2000 compliancy,
thus opening up a whole new market in
after-remediation acceptance testing. We will be making an announcement shortly that
will introduce this new exciting
technology to the marketplace.

Groupware

Once limited to e-mail applications, more and more companies are beginning to reap
the benefits of these powerful information
and workflow management systems. By giving employees access to increasingly
user-friendly management tools, we can help
identify hidden patterns in customer information records and make better informed,
more strategic, decisions. TPI has continued
to grow our Groupware division where it is now approaching $1 million in annual sales.
We have a solid customer base of over
ten clients in Canada and the United States and this division has allowed us to
cross-sell our other TPI lines including, but not
limited to, Year 2000 solutions. As this division continues to grow, we continue to
explore various acquisition opportunities that
will increase revenue by the fall of 1998.

Client Server Migration

TPI has completely re-engineered its initial Client Server Migration product offerings to
provide us greater exposure to our
original target markets. The product has been enhanced with additional functionality as
well as increased speed of electronic
migrations.

The opportunities in our Client Server Migration division have been overshadowed by
the market awareness of the Year 2000
issue. Enterprises that have a requirement for migration are reluctant to take this task
on until they have addressed their Year
2000 compliancy issues. Therefore, TPI is well positioned to capture the significant
post-2000 client server migration market.

SEC Filing

On March 12, 1998, TPI filed its Form 10-SB Registration Statement with the SEC.
This tedious initiative, led by TPI's Chief
Financial Officer, John McGee is an important milestone in our Company's history.
Our investors and potential investors can
now view TPI's information electronically through the SEC's EDGAR system
(www.freeedgar.com). As the Company matures
and grows through revenue and acquisition, this status allows us the opportunity to
attract institutional investors and provides a
formal channel for communicating TPI's financial progress. We firmly believe that with
this milestone comes the refocusing of
TPI's executive team out to the sales and marketing initiatives that will allow us to
continue our successful growth.

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 customers' projects,
customer payments to the Company and the other risks detailed from time to time by
the Company.

For more information about TPI see our web site at www.tpii.com, or contact:

Samantha Chapman, Internal Investor Relations Transformation Processing Inc. 2121
Argentia Road, Suite 200 Mississauga,
ON CANADA L5N 2X4 email: schapman@tpii.com Tel: (905) 812-7907 Fax: (905)
812-7920 Toll-free: (888) 222-5967

Contact:

Transformation Processing Inc.
Samantha Chapman, (905) 812-7907/(888) 222-5967

JohnnyH



To: TokyoMex who wrote (12920)3/20/1998 12:24:00 PM
From: jan m.  Read Replies (1) | Respond to of 31646
 
The CEO of synt was interviewed on CNBC this am. Mark Haines asked him if there would be any y2k disastors for companies that failed to start working on the problem. He said "most certainly there will be." And Jimmy Rodgers wanted to know how to find out about the companies that were ignoring the problem, so he could short their stock. Another interesting thing, was synt talking about how this would drastically help their core business by the client base they were building. Does this sound familiar? Jan