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


To: bob oserin who wrote (10693)5/26/1999 10:28:00 AM
From: Jason B  Respond to of 10903
 
News Out on TPI today! Transformation Processing Establishes E-Commerce Trade

May 26, 1999 10:03 AM
MISSISSAUGA, Ontario--(BUSINESS WIRE)--May 26, 1999-- Transformation Processing Inc. TPII today announced that the company will enter the e-commerce marketplace.

Paul Mighton, Chief Executive Officer, stated that "the Company has undertaken an Internet marketing strategy to promote and sell its products and services. The Company's first e-commerce offering will be the TPI Embedded/2000 Tool Kit. As time goes on, the Company has to generate wider sales and marketing exposure to its proprietary products. The way to get to a larger audience quickly is by using technology to our own advantage. Our TPI Embedded/2000 Tool Kit solution is a cost-effective tool and we have devoted a considerable amount of money and energy to develop it. In order to obtain a return on investment, we need to get the product distributed and, e-commerce is the route."

Organizations need to carry out a Year 2000 assessment of their Embedded Systems but may not have the budget required to hire engineering consultants and external project managers. The TPI Embedded/2000 Tool Kit is a CD that will assist organizations in organizing and managing their own projects. The CD includes a number of useful items but the most dynamic are the inventory collection tool and database management designed specifically for Year 2000 embedded projects. The TPI Embedded/2000 Tool Kit also includes TPI's Year 2000 methodology for embedded projects. "This product offering has something for everyone. In fact, we believe that mid-to large sized companies along with state and municipal governments will be keenly interested, " says Pat Micallef, Director of Sales. "The offering is unique in that it provides organizations with the appropriate amount of detail to decide themselves whether outside assistance is required to complete their project. Given that the market appeal is broad, the e-commerce approach should ignite the sale of the product."

For a demonstration of the product, visit our website at www.tpii.com. Availability to full e-commerce purchasing is available now.

Transformation Processing Inc. (TPI) is an Information Technology (IT) provider offering software solutions and services to clients globally. TPI provides a full range of application software and data migration services using its proprietary technology, which enables clients to migrate their applications from legacy systems to open systems and client server environments. In addition, TPI markets and supports enterprise workflow and management relationship solutions through turnkey implementation of the world's most effective asset management, sales force automation and customer relationship software management tools. To round out its service offerings TPI is engaged in Year 2000 solutions in both IT and Non-IT environments. At TPI, the focus is on business solutions that leverage existing corporate assets into future productivity gains.

This press 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, which may be obtained at www.sec.gov