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

To: Pierre Mondieu who wrote (8930)	9/29/1998 8:40:00 AM
From: MB	Read Replies (1) \| Respond to of 10903

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: TRANSFORMATION PROCESSING INC. OTC Bulletin Board SYMBOL: TPII SEPTEMBER 29, 1998 Transformation Processing Inc. Signs Contract With The Town Of Markham, Canada's High Tech Capital For Year 2000 Non-IT Discovery TORONTO, ONTARIO--Transformation Processing Inc. (TPI) announced that it has signed a contract with The Town of Markham, Ontario, to provide Year 2000 Embedded Systems Discovery Consulting services in support of the municipality's Year 2000 program. The Town of Markham is located in the Greater Toronto Area in Ontario, Canada. Population of the town is 190,000. John Hodgson, Director of IT at The Town of Markham, Canada's High-Tech Capital, stated "TPI's exposure in the municipal sector and its experience in helping other organizations transition their Year 2000 projects is of significant value to us." The announcement was made by Asif Khan, TPI's Director of Marketing, who stated, "A typical municipality's Non IT Year 2000 issue spans the gamut of embedded technology. From traffic lights to sports facilities, to fire stations, The Town of Markham, using TPI's Non IT Year 2000 solution, will be ready for the next millennium." 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. 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 IT and Non-IT 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 in the reports filed with the U.S. Securities and Exchange Commission. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Transformation Processing Inc. Asif R. Khan Director of Marketing (905) 206-1366, ext. 238 or (888) 222-5967 www.tpii.com or Transformation Processing Inc. Samantha Chapman Internal Investor Relations (905) 206-1366, ext. 226 or (888) 222-5967 or Martin E. Janis and Company, Inc. Hal Schweig Media Contact (312) 943-1100 or Martin E. Janis and Company, Inc. Jim Janis or Bev Jedynak Investor Contact (312) 943-1100 INDUSTRY: SOF SUBJECT: NWS -0-