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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (21901)	5/28/1998 9:20:00 AM
From: barbara sperino	Respond to of 34592

TPII here is the news (COMTEX) Transformation Processing Inc. Expands Year 2000 Business Wi Transformation Processing Inc. Expands Year 2000 Business With PROFAC Management Group Limited Clients MISSISSAUGA, ON (May 28) BUSINESS WIRE -May 28, 1998--Transformation Processing Inc. (TPI and OTCBB:TPII) announced today that PROFAC Management Group Limited has expanded its agreement with TPI to provide Year 2000 Non-IT / Embedded Building Systems services to two additional PROFAC clients. 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 has selected TPI for its Embedded Building Systems Year 2000 project on behalf of the Canadian Broadcasting Corporation (CBC), one of Canada's largest national broadcasting companies. PROFAC manages 53 CBC sites across Canada. PROFAC has also selected TPI for its Embedded Building Systems Year 2000 project on behalf of a Canadian-based international hotel chain, with 29 sites across Canada. Previously PROFAC contracted TPI to provide an Embedded Building Systems Year 2000 solution on behalf of one of its largest clients, a Canadian federal crown corporation with over 600 facilities. PROFAC Management Group Limited of Montreal is one of Canada's premier facilities management companies. In total, PROFAC manages over 3,000 facilities on behalf of its clients. "The ability to rapidly assess and remediate information and building systems relative to the year 2000 and other date compliancy issues is critical to long-term business success," stated Dr. Mark Burfield, TPI's vice president of Professional Services. 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 or contact: Media Contact: Hal Schweig / Investor Contact: Jim Janis / Martin E. Janis and Company, Inc. Tel: (312) 943-1100 Samantha Chapman, Internal Investor Relations. TPI, Tel: (905) 812-9927 (888) 222-5967.