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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b) AND (c)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(b)
(Amendment No. 1)
Transition Systems, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
0008937151
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 7 pages
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CUSIP No. 0008937151 13G Page 2 of 7 pages
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Item 1(a). Name of Issuer: Transition Systems, Inc.
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Item 1(b). Address of Issuer's Principal Executive Offices: 1 Boston Place,
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Suite 2700, Boston, MA 02108
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<TABLE>
<CAPTION>
Item 2(a) Item 2(b) Item 2(c)
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<S> <C> <C>
Citizenship of Place
Name of Person Filing Address of Organization
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TSI Investment Partners, L.P. ("TSI 1 South Street Delaware
Investment"), a Delaware limited Baltimore, MD 21202
partnership
TSI General Partner, L.L.C. ("TSI 1 South Street Delaware
L.L.C."), a Delaware limited Baltimore, MD 21202
liability company and the sole
general partner of TSI
Investment
Donald B. Hebb, Jr., Frederick L. 1 South Street United States
Bryant and Timothy T. Weglicki; Baltimore, MD 21202
Managers of TSI L.L.C. (the
"Managers")
</TABLE>
Item 2(d). Title of Class of Securities: Common Stock, $.01 par value per
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share.
Item 2(e). CUSIP Number: 0008937151
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Item 5. Ownership of Five Percent or Less of a Class.
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If this statement is being filed to report the fact that as of the
date hereof each reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check the
following [ X ]
Page 2 of 7 pages
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CUSIP No. 0008937151 13G Page 3 of 7 pages
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SIGNATURE
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After reasonable inquiry and to the best of his or its knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct. We also hereby agree to file this
statement jointly pursuant to the Agreement listed on Exhibit 1 hereto.
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Dated: February 11, 1998
TSI INVESTMENT PARTNERS, L.P.
By: TSI General Partner, L.L.C.
By: *
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Manager,
thereunto duly authorized
TSI GENERAL PARTNER, L.L.C.
By: *
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Manager,
thereunto duly authorized
*
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Donald B. Hebb, Jr.
*
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Frederick L. Bryant
*
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Timothy T. Weglicki
*The undersigned attorney-in-fact, by signing her name below, does hereby sign
this statement on behalf of the above indicated filers pursuant to Powers of
Attorney filed hereto as Exhibit 2.
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/s/ Mary S. Emmerling
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Mary S. Emmerling
Attorney-in-Fact
Page 3 of 7 pages
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CUSIP No. 0008937151 13G Page 4 of 7 pages
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Exhibit 1
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AGREEMENT
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Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of
1934, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed on behalf of all of the
undersigned with respect to the ownership of shares of Common Stock of
Transition Systems, Inc. by TSI Investment Partners, L.P.
This agreement may be executed in any number of counterparts, each of
which shall be deemed an original.
EXECUTED as a sealed instrument this 11th day of February, 1998.
TSI INVESTMENT PARTNERS, L.P.
By: TSI General Partner, L.L.C.
By: *
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Manager,
thereunto duly authorized
TSI GENERAL PARTNER, L.L.C.
By: *
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Manager,
thereunto duly authorized
*
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Donald B. Hebb, Jr.
*
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Frederick L. Bryant
*
- -----------------------------------
Timothy T. Weglicki
*The undersigned attorney-in-fact, by signing her name below, does hereby sign
this statement on behalf of the above indicated filers pursuant to Powers of
Attorney filed hereto as Exhibit 2.
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/s/ Mary S. Emmerling
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Mary S. Emmerling
Attorney-in-Fact
Page 4 of 7 pages
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CUSIP No. 0008937151 13G Page 5 of 7 pages
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Exhibit 2
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POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below hereby constitutes and appoints Mary S. Emmerling his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities (until
revoked in writing) to sign any and all instruments, certificates and documents
required to be executed on behalf of himself individually or on behalf of each
or any of ABS Capital Partners, L.P., ABS Partners, L.P., ABS Capital Partners
II, L.P., ABS Partners II, L.L.C., TSI Investment Partners, L.P., or TSI General
Partner, L.L.C. pursuant to Section 13 and Section 16 of the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), and any and all regulations
promulgated thereunder, and to file the same, with all exhibits thereto, and any
other documents in connection therewith, with the Securities and Exchange
Commission, and with any other entity when and if such is mandated by the
Exchange Act or by the By-laws of the National Association of Securities
Dealers, Inc., granting unto said attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and necessary
fully to all intents and purposes as he might or could do in person thereby and
ratifying and confirming all that said attorney-in-fact and agent, or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof,
or may have done in connection with the matters described above.
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Page 5 of 7 pages
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CUSIP No. 0008937151 13G Page 6 of 7 pages
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IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 10th day
of February, 1997.
ABS CAPITAL PARTNERS, L.P.
By: ABS Partners, L.P.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
General Partner
ABS PARTNERS, L.P.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
General Partner
ABS CAPITAL PARTNERS II, L.P.
By: ABS Partners II, L.L.C.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
Manager
ABS PARTNERS II, L.L.C.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
Manager
Page 6 of 7 pages
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CUSIP No. 0008937151 13G Page 7 of 7 pages
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TSI INVESTMENT PARTNERS, L.P.
By: TSI General Partner, L.L.C.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
Manager
TSI GENERAL PARTNER, L.L.C.
By: /s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
Manager
/s/ Donald B. Hebb, Jr.
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Donald B. Hebb, Jr.
/s/ Frederick L. Bryant
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Frederick L. Bryant
/s/ Timothy T. Weglicki
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Timothy T. Weglicki
Page 7 of 7 pages
