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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (6966)	5/14/1998 8:26:00 AM
From: Lupus	Read Replies (1) \| Respond to of 10903

Transformation Processing Inc. and PROFAC Management Group Limited Join Forces to Provide Year 2000 Solutions Business Wire - May 14, 1998 08:08 %TRANSFORMATION-PRCSNG TPII %NEW-YORK %COMED %COMPUTERS %ELECTRONICS V%BW P%BW MISSISSAUGA, Ontario--(BUSINESS WIRE)--May 14, 1998-- Transformation Processing Inc. (TPI and OTCBB:TPII) announced today that the Company joined forces with PROFAC Management Group Limited to provide Year 2000 Non-IT / Embedded Building Systems services to PROFAC Management Group Limited. An embedded system is the code that is built into special purpose microchips that inhabit just about every modern electronic device. They are found in power plants, manufacturing facilities, water and sewage systems, medical devices and military equipment. The list also includes planes, trains, ships, automobiles, elevators, telephones, alarm systems and a multitude of other equipment devices. PROFAC Management Group Limited of Montreal is one of Canada's premier facilities management companies. PROFAC has selected TPI for its Embedded Building Systems Year 2000 project on behalf of one of its largest clients, a Canadian federal crown corporation with over 600 facilities. In total, PROFAC manages over 3,000 facilities on behalf of its clients. Francois Depelteau, President of PROFAC, commented that, "For the past two months we have been working closely with TPI to perform an assessment of our client's building systems for Year 2000 readiness. We look forward to progressing to the remediation phase and beginning the Year 2000 Embedded systems projects with each of our clients." "Using a Multiple Offset Priority Assessment System, TPI is providing its Non-IT Embedded service to clients, vendors and suppliers," stated Dr. Mark Burfield, TPI's Vice President of Professional Services. "With our Embedded/2000 methodology, TPI is able to mitigate its clients' Non-IT year 2000 risk, a risk that will far exceed the Year 2000 risk to information technology systems." Sensing an acute market requirement for an answer for Non-IT Embedded systems, TPI has developed a complete solution to address embedded systems, firmware and supply chain management. 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. CONTACT: Transformation Processing Inc., Mississauga Samantha Chapman 905/812-9927 or Martin E. Janis & Company, Chicago Hal Schweig 312/943-1100