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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
June 26, 1997
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Date of Report
(Date of Earliest Event Reported)
TOPRO, INC.
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(Exact name of Registrant as specified in its charter)
Colorado 0-19167 84-1042227
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) I. D. Number)
2525 West Evans Avenue, Denver, Colorado 80219
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(Address of principal executive offices) (zip code)
(303) 935-1221
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On June 26, 1997 Topro, Inc. publicly announced information concerning a
new product via a Press Release dated June 26, 1997, which is filed as Exhibit
20.1 hereto and incorporated by this reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits. The following exhibit is filed with this Report:
20.1 Press Release dated June 26, 1997
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Topro, Inc.
Date: June 26, 1997 By: /s/ John Jenkins
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John Jenkins
President and CEO
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- -------------------------------PRESS RELEASE--------------------------------
TOPRO INC.
Topro, Inc. For release:
2525 Evans Ave. June 26, 1997
Denver, CO 80219
TOPRO, INC. LAUNCHES NEW INITIATIVE TO PROVIDE
COMPREHENSIVE PLANT FLOOR YEAR 2000 SOLUTION AND SERVICES
June 26, 1997 - DENVER, CO - Topro, Inc. (NASDAQ-TPRO), a leading provider of
automation and system integration solutions to industry, today announced the
launching of a major new business initiative based on its new product
PLANTY2K One-TM-, a proprietary package of product and services designed to
address year 2000 compliance problems in process control and factory floor
automation systems.
John Jenkins, Topro, Inc. CEO said "While the year 2000 or millennium problem
is being addressed at the management information system level in most
organizations, we believe the plant floor issues have largely been ignored to
date. These issues are very real and have potential for severe impact if not
addressed."
PLANTY2K One-TM- is a full service offering that includes impact assessment,
analysis, code conversion, implementation and testing. The company employs
highly structured methodologies in all phases and includes well-accepted
joint application development techniques in the conversion and implementation
phases.
According to Jenkins, "Most plant floor systems are complex combinations of
hardware and software from a variety of vendors. We have found that many of
these components have some sort of compliance issue. Further, a compliance
problem with a single component and a corresponding solution must be
considered in the context of the impact of the total system, which means that
a system control integrator is the logical choice to effect the required
comprehensive solution." He added, "We believe this to be a very large
opportunity for our organization, as far as we can tell, we are the only
organization that has developed a solution specifically designed for the
plant floor."
While a key ingredient of the product is the company's data base of known
plant floor hardware and software year 2000 compliance problems and the
associated solutions, of equal importance is the size and experience of the
company's staff.
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The company plans initially to take PLANTY2K One-TM- to its installed
customer base of more than 4000 sites across the U.S. but will quickly extend
to a full national roll-out. Topro, Inc. has branch offices in Portland,
Ore., Los Angeles, Sacramento, Phoenix, Denver, Atlanta and Philadelphia and
will have intra-net access to the central solution database, offering
customers the desired combination of local service supported by a database,
created on and constantly refreshed by national experience. The company is
already engaged in PLANTY2K One-TM- projects at several Fortune 500 companies.
The company plans initially to support PLANTY2K One-TM- with its own staff,
key portions of the product have been designed to allow potential licensed
use directly by customers or other trained third party system integrators
with internet support by the company's designated technology center.
Topro, Inc. and its subsidiaries form the nation's largest independent
process control and information system integrator. The company has more the
350 employees in 10 offices across the United States and develops integrated
process control systems for companies in aerospace, automobiles, consumer
goods, food and beverages, pharmaceuticals and public utilities.
CONTACTS:
Topro, Inc, Pacific Consulting Group, Inc.
John Jenkins (303) 935-1221 Scott Liolios (714) 574-3860
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