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

To: MB who wrote (7505)	6/8/1998 10:11:00 AM
From: Pat Jacks	Respond to of 10903

For those who didn't get the latest announcement: Transformation Processing Inc. (TPI) (OTCBB: TPII), announced today it has signed an agreement with NEXUS Unlimited, Inc. of Chicago, to form a strategic alliance for Year 2000 services. The alliance will involve joint marketing and business development for Year 2000 services including Information Technology (IT), Embedded systems and Asset Management. Skip Johnson, Vice President for Strategic Development at NEXUS, stated: "NEXUS Unlimited has a vision of empowering people by leveraging technology. Unlike many in the business community, we view the approach of the Year 2000 as an opportunity, rather than a problem." Paul Mighton, Chief Executive Officer of TPI, stated: "TPI views this alliance as a strategic step in taking full advantage of the opportunities presented by the Year 2000 dilemma across a wide array of businesses and governments. Together, TPI and NEXUS can offer formidable solutions to assist these entities with their Year 2000 compliancy and other IT solutions." NEXUS Unlimited, Inc., established in 1980, delivers customized Integrated Technology-based solutions to clients in the commercial, government and education sectors. NEXUS recently announced the formation of their Year 2000 Solutions Group to provide an array of consulting services designed to address the millennium date conversion. 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. 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 NEXUS Unlimited see their web site at www.NEXNET2000.com 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 -30-