eAutoclaims.com(TM) and Transformation Processing Inc. Closes Merger Agreement

5 June 2000
eAutoclaims.com(TM) and Transformation Processing Inc. Closes Merger Agreement
    PALM HARBOR, Fla., June 5 eAutoclaims.com(TM) and
Transformation Processing Inc. (OTC Bulletin Board: EACC) today announced the
closure of its merger agreement. The new company will operate under the name
of eAutoclaims.com and has received the new symbol, EACC and will trade on the
OTCBB exchange. The Company will be headquartered in Palm Harbor, Florida.
    eAutoclaims.com(TM) Inc. is a pioneering business-to-business e-commerce
company that utilizes the Internet to streamline and lower the overall cost of
automotive repair paid by insurance companies.  The Company is creating a new
online digital automotive maintenance organization industry within the
$60 billion market segment of the non-standard auto collision repair.
eAutoclaims.com(TM) Inc. is establishing itself as the pre-eminent Application
Service Provider for the automobile insurance industry, providing seamless
back-end infrastructures that thousands of collision repair shops and/or
support facilities into a network.  The Company offers a cost effective and
highly advanced 'Bricks to Clicks(C)' solution for the processing and ultimate
repair of damaged vehicles filed as insured auto claims.  eAutoclaims.com(TM)
Inc. generates revenue from administrative fees and discounts earned by
processing collision work through its system for insurance companies.
    This press release contains forward looking statements regarding the
Company's business strategy and future plans of operation.  Forward looking
statements involve known and unknown risks and uncertainties.  These and other
important factors, including those mentioned in various filings with the
Securities and Exchange Commission made periodically by the Company (available
to the public at http://www.sec.gov), may cause the actual results and performance to
differ materially from the future results expressed in or implied by such
forward looking statements.  The forward looking statements contained in this
press release speak only as of the date hereof and the Company disclaims any
obligation to provide public updates, revisions or amendments to any forward
looking statements made herein to reflect changes in the Company's
expectations or future events.

    For Further Information:
    Joe Krupa, eAutoclaims.com
    Phone:  416-214-0707
    Email:  jkrupa@eautoclaims.com
    John Liviakis, Livaikis Financial Communications, Inc
    415-389-4670 / 415-389-4694 fax / moreinfo@lfcnet.com Email