To: barbara sperino who wrote (22097 ) 6/2/1998 10:28:00 AM From: Jason B Read Replies (2) | Respond to of 34592
Hello Everyone you might want to take a look at TPII. Huge news came out this morning the market is going to react positively to this great new! Transformation Processing Inc.Will Market Bob Bemer's Vertex 2000 Software June 2, 1998 08:04 AM MISSISSAUGA, ON--(BUSINESS WIRE)--June 2, 1998--Transformation Processing Inc. TPII , and BigiSoft, Inc., formerly BMR Software, of Richardson, Texas have solidified their marketing partnership. TPI has reached an agreement with BigiSoft, Inc. to be a primary distributor of BigiSoft, Inc.'s Vertex 2000 for Canada and a non-exclusive distributor for Commonwealth countries and the United States. The Wall Street Journal coined Vertex 2000 the "silver-plated bullet" of the Year 2000 problem. Vertex 2000 is an object-code-driven conversion utility that scans object code (not source code) for Year 2000 violations. BigiSoft Inc. estimates that Vertex 2000 will work significantly faster than manual and/or source code conversion approaches. Vertex 2000, uses the Bigit Methodology(TM) (patent-pending technology) developed by Bob Bemer. Subsequent to a letter of intent that was signed with Bob Bemer's company in September 1997, TPI continues to grow its relationship with BigiSoft, Inc. The formal business partnership agreement between TPI and BigiSoft, Inc. includes the use of Vertex 2000 in TPI's Mobile Lab/2000 and TPI will, under a distributorship relationship, introduce the product to its clients. BigiSoft, Inc.'s Vertex 2000 has successfully completed its beta test implementations at Advanced Computer Technology (ACT) of Puerto Rico. At BigiSoft, Inc.'s request, TPI is currently negotiating an agreement to implement Vertex 2000 at a substantial beta site opportunity. Bob Bemer commented that, "TPI's solid management team and end-to-end Year 2000 solution forms a great partnership with BigiSoft, Inc. It's a win-win situation -- we can help TPI in solving its customers' Year 2000 problems, and we're happy to have TPI as a business and marketing partner." Ron Brittian, former Executive Vice President of Texas Instruments Software and newly appointed Chairman of BigiSoft, Inc. stated "I look forward to working with TPI and Advanced Computer Technology to build on the recent success of Vertex 2000 to capitalize on this exciting market opportunity." Paul Mighton, Chairman & CEO of TPI stated that "Bob Bemer's hard work has finally paid off. We look forward to working closely with the BigiSoft Inc. team to maximize the Vertex 2000 opportunity on a global level." Transformation Processing Inc. is an Information Technology company that develops and markets software and services that enables 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.