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TRANSNET ANNOUNCES AWARD OF SERVICE CONTRACT

 BRANCHBURG, N.J., June 2 /PRNewswire/ -- TransNet Corporation (NASDAQ: TRNT) today announced that it has signed an agreement to perform a variety of computer related services for a large New York City-based Fortune 100 corporation. Under the terms of the agreement, TransNet will provide consulting, technical and support services through May 1994. TransNet Corporation, selected as the "vendor of choice" of several Fortune 100 corporations, has similar arrangements with major corporations in the New York-New Jersey area.
 Steven J. Wilk, TransNet president, said, "We are pleased with our customer's selection of TransNet Corporation to provide this wide range of services. We are confident that as a result of this award, in conjunction with our already impressive growth, we anticipate a significant increase in earnings for fiscal 1994. While we are pleased with the effect this will have on our financial results, we are equally excited about the increase in TransNet's generation of revenue and profit by providing Fortune 500 corporations with non-hardware products such as our TransNet program, Local Area Network Integration, customer training, service and support of personal computers, networks and software.
 "TransNet is pleased to be recognized as a premier service organization. We believe that these contract awards will significantly increase earnings, allowing us to invest in the sales, service and product support activities of TransNet.
 "We are gratified that our customer places a premium on service and support capabilities, as do TransNet's other customers -- an industry trend which we expect to continue. Our unparalleled service and support capabilities are TransNet's strength, and the main reason for our dramatic growth."
 TransNet Corporation is a leading dealer of personal computers, peripheral and related equipment, service and supplies. In addition to the commercial sales and service conducted from its Branchburg, New Jersey headquarters, TransNet operates a retail store and service center in Lebanon, New Jersey.
 -0- 6/2/93
 /CONTACT: Steven J. Wilk of TransNet Corporation, 908-253-0500/
 (TRNT)


CO: TransNet Corporation ST: New Jersey IN: CPR SU:

TM -- NY006 -- 4272 06/02/93 08:00 EDT
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Publication:PR Newswire
Date:Jun 2, 1993
Words:336
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