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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Tree man who wrote (10662)4/3/1998 12:44:00 PM
From: DR. MEADE  Read Replies (1) | Respond to of 13949
 
To: Jeffrey S. Mitchell (5695 )
From: DR. MEADE Friday, Apr 3 1998 12:29PM EST
Reply # of 5697
Transformation Processing Inc. Lands Year 2000 Contract for Century Scan

MISSISSAUGA, Ontario--(BUSINESS WIRE)--April 3, 1998-- Transformation
Processing Inc. (TPI and OTCBB:TPII) announced today the signing of a
Year 2000 contract for Century Scan.

The City of Medicine Hat in Alberta has selected TPI's Century Scan as
its Year 2000 scanning service. Medicine Hat will use Century Scan to
assess its legacy systems for Year 2000 readiness.

Dale Descoteau, General Manager of the City of Medicine Hat, stated
that, "We selected Century Scan based on the successful results of the
beta test. We hope that this is the beginning of a long term
relationship with TPI to work with the City of Medicine Hat to assist in
solving the remaining Year 2000 problems."

"TPI looks forward to providing other Year 2000 products and services,
including Embedded /2000, to Medicine Hat," commented Doug Woolridge,
President & COO of TPI. "The proactive approach that Medicine Hat is
taking will ensure they are ready for the new millennium."

Century Scan 2.1 is a highly customizable, multi-language Year 2000
scanning tool that will economically and efficiently identify dates
during the Discovery, Assessment, Remediation, Testing and Auditing
stages of the Year 2000 project.

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 Solutions, Groupware 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 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:

CONTACT:

Martin E. Janis and Company, Inc., Chicago

Hal Schweig

Tel:(312) 943-1100

Fax:(312) 943-3583

or

Transformation Processing Inc., Mississauga

Samantha Chapman

Tel:(905) 812-9927 (888) 222-5967

Fax:(905) 812-7920

KEYWORD:

BW1193 APR 03,1998

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