Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zakattack who wrote (23817)	6/5/1998 10:08:00 AM
From: barbara sperino	Read Replies (1) \| Respond to of 34592

TPII- did you see the news out. they are also having a conf. call to day at 11:00et. 1800 482 5543. Friday, Jun 5 1998 8:29AM ET NEWS!!!!!!!!! Transformation Processing Inc. (OTCBB:TPII) announced today that the Company has signed a contract with Advanced Elastomers Systems (AES) of Akron, Ohio, the world leader in engineered thermoplastic elastomers, to provide Year 2000 Information Technology (IT)/Embedded Manufacturing and Facilities Systems'services. The contract calls for TPI to carry out assessment activities in Advanced Elastomers Systems information technology systems, as well as in embedded chips found in AES' manufacturing and equipment devices. The announcement was made by Dr. Mark Burfield, TPI Vice President of Professional Services, who stated that "TPI is providing a full assessment of both manufacturing and facilities technology as well as IT assets at AES sites in the United States, Belgium, the United Kingdom, Germany and Japan. Using our Embedded/2000 methodology, TPI is able to mitigate its clients' non-IT Year 2000 risk, a risk that will far exceed that of information technology." 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. "We are confident that with TPI's support, we will be able to provide our global customers a transparent, uninterrupted flow of business with the turn of the century," said AES Vice President, Operations, Carl Voellmecke. Transformation Processing Inc. is an Information Technology company that develops and markets software and services enabling 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. In addition, the company's ability to scan code to diagnose Year 2000 problems, as well as perform similar diagnostic procedures on embedded chips positions it as an industry leader in this area. AES, a limited partnership between Exxon Corporation and Solutia Inc., is headquartered in Akron. The company offers Santoprene rubber used in numerous automotive, consumer and industrial applications. Technical centers supporting AES products are located in Akron; Brussels, Belgium; Santo Andre, Brazil; Tsurumi, Japan; and Singapore. For more information about AES, please call 1-800-305-8070 or 1-330-849-5000, or visit the company's new Website at www.aestpe.com. 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: Martin E. Janis and Company, Inc. Media Contact: Hal Schweig Investor Contact: Jim Janis Tel: (312) 943-1100 Samantha Chapman, Internal Investor Relations Transformation Processing Inc. Tel: (905) 812-9927 (888) 222-5967