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TRIAD ANNOUNCES COMPLETION OF 15.3-ACRE LAND SALE TO COSTCO

 LIVERMORE, Calif., Aug. 2 /PRNewswire/ -- Triad Systems Corp. (NASDAQ: TRSC) today announced the completion of the sale of a 15.3-acre parcel to Costco Wholesale Corp. (NASDAQ: COST). Terms of the transaction were not announced, although Triad officials estimated the sale would generate approximately 2 cents per share in net profit in the quarter ended Sept. 30, 1993.
 Costco expects to immediately begin construction of a 157,000-square-foot membership warehouse store on the parcel, with a goal of having the facility open to the public around this Thanksgiving.
 The property purchased by Costco is part of a 50-acre portion of Triad Park on Interstate 580 that Triad is developing as a retail center.
 "We view the Costco facility as the cornerstone of a retail shopping complex that, given its location, will attract shoppers from a broad geographic area, including the Livermore and Pleasanton areas and other growing communities in the San Joaquin Valley to the east," said Triad Vice President of Administration Thomas J. O'Malley.
 "This transaction was accomplished in an extraordinarily short period of time, thanks to the cooperation of Costco and Triad officials and representatives of the City of Livermore."
 O'Malley said that while Triad is aggressively marketing parcels designated for retail businesses, it will continue to market the remainder of Triad Park's approximately 130 available acres to prospective corporate users.
 "Triad Park is ideally positioned to attract retail firms and corporations seeking affordable and accessible space along the Interstate 580 corridor between the Bay Area and San Joaquin Valley," O'Malley added.
 Triad, a leading provider of business and information management solutions for the automotive aftermarket and retail hardgood industry, moved into its 220,000-square-foot headquarters complex in Triad Park in 1988.
 -0- 8/2/93
 /CONTACT: Tim Mehren of Triad, 510-449-0606/
 (TRSC COST)


CO: Triad Systems Corp.; Costco Wholesale Corp. ST: California IN: SU: RLE

TM-SB -- SF008 -- 8602 08/02/93 18:51 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
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