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New Ricoh Aficio 1055 MFP to Feature Peerless Systems Controller; Peerless Technology Extends Life of Aficio Product Family.


Business Editors & High-Tech Writers

EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--Oct. 28, 2002

Peerless Systems Corporation (Nasdaq:PRLS PRLS Puerto Rican and Latino Studies (program of study) ), a provider of imaging and networking solutions, today announced that Peerless has enhanced a previous design for a high-performance monochrome printer controller for Ricoh Corporation's new lower cost Aficio 1055 multifunction (MFP (MultiFunction Printer, MultiFunction Peripheral) See all-in-one and MFD. ) monochrome copier. The updated controller is based upon an existing Peerless design, which is still being shipped by Ricoh, thus reducing its development time and cost.

Peerless has a long history of providing advanced imaging solutions to Ricoh for office printers and digital copiers/printers. The controller for the Aficio 1055 is similar to one used in the Aficio 551 and 700 and uses PeerlessPage(TM) imaging that runs on a PowerPC 740 CPU CPU
 in full central processing unit

Principal component of a digital computer, composed of a control unit, an instruction-decoding unit, and an arithmetic-logic unit.
 with a Peerless QuickPrint(R) QP1910 graphics coprocessor Graphics hardware that performs various 2D and 3D geometry and rendering functions, offloading the main CPU from performing such tasks. This typically refers to a very high-end graphics subsystem, but may also refer to a graphics accelerator. See graphics accelerator. . The controller supports both PeerlessPrint(R)5e and 6 PCL (Printer Command Language) The page description language for HP LaserJet printers. It has become a de facto standard used in many printers and typesetters. PCL Level 5, introduced with the LaserJet III in 1990, also supports Compugraphic's Intellifont scalable fonts.  emulation and genuine Adobe PostScript(R)3(TM). The Ricoh Aficio 1055 MFP was announced on October 25, 2002 and is available now.

"In working closely with Peerless for many years, we have been able again to leverage their flexible technology across all Ricoh brands for a more affordable, higher performing MFPs in our new price-reduced model," said Mr. Yoshio Maniwa, manager product planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
  • Market requirement
  • Product management
  • Product Manager
, Printer and System Business Division, Ricoh Corporation. "Peerless' turnkey product definitely helped speed the Aficio 1055 to market much faster."

"The updated controller for Ricoh is a testimony to the flexibility of Peerless' embedded technology. This flexibility has provided a simple, cost-effective and scalable solution," said Steve Robinson This article is about the Welsh former professional boxer. For the NASA astronaut, see Stephen Robinson.

For other persons of the same name, see Robinson.

Steve Robinson (born Cardiff) is a Welsh former professional boxer.
, vice president marketing, Peerless Systems. "Since 1995, Peerless has partnered with Ricoh on 11 major models of Aficio MFP copiers and printers for worldwide release. We are pleased that this architecture can once again be enhanced to extend the life of these products."

About Ricoh Company, Ltd.

Ricoh Company, Ltd., is a leading global manufacturer of office automation equipment, including copiers, facsimile machines, data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a  systems and related supplies and services. The company is also renowned for its state-of-the-art electronic devices and photographic equipment.

Ricoh is rapidly building a solid presence worldwide as a provider of comprehensive document solutions that help customers streamline their businesses and cut operating costs operating costs nplgastos mpl operacionales . Ricoh has 137 consolidated subsidiaries and affiliates in Japan and 267 overseas, together employing around 74,200 people.

About Peerless Systems Corporation

Headquartered in El Segundo, CA, Peerless Systems Corporation is a provider of imaging and networking systems to manufacturers of color, monochrome and multifunction office products and digital appliances. Its broad line of scalable software and silicon offerings and its unique ImageWorks(TM) delivery model enable Peerless Systems customers to shorten their time-to-market and reduce costs by offering a single, scalable solution for multiple products.

Peerless Systems Corporation was founded in 1982 and has been listed on the Nasdaq Market since 1996. Peerless Systems maintains relationships with many OEMs of digital document products. Its customer base includes blue chip companies such as Canon, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Kyocera, Minolta, Ricoh, Seiko Epson, Xerox and other international corporations. Peerless Systems also holds strategic partnerships with Adobe, IBM Microelectronics, and Novell.

For more information, please call (310) 536-0908 or visit the web site at www.peerless.com.

PeerlessPrint(R) and QuickPrint(R) are registered trademarks of Peerless Systems Corporation. Peerless(TM), PeerlessPage(TM) and ImageWorks(TM) are trademarks of Peerless Systems Corporation. All other trademarks are the property of their respective owners. This news release refers to various products and companies by their trade names which designations are claimed as trademarks or registered trademarks by their respective companies.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.

This Release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The use of such words in connection with or related to any discussion of or reference to future operations, opportunities or financial performance sets apart forward-looking statements. In particular, statements regarding the Company's outlook for future business, financial performance and growth, profitability, product availability and potential applications and successes and the impact on future performance of organizational and operational changes all constitute forward-looking statements.

These forward-looking statements are just predictions and best estimations consistent with the information available to the Company at this time. Thus they involve known and unknown risks and uncertainties such that actual results could differ materially from those projected in the forward-looking statements made in this release. Risks and uncertainties include those set forth in Peerless' public filings with the Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 dated January 31, 2002 in the Section called Risks and Uncertainties at pages 28 through 38, inclusive, filed on May 1, 2002, and the Company's most recent Quarterly Report on Form 10-Q Form 10-Q

See 10-Q.
 dated July 31, 2002 in the Section called Risks and Uncertainties at pages 16 through 26, inclusive, filed on September 16, 2002.

Current and prospective stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company is under no obligation, and expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking statements contained herein are qualified in their entirety by the foregoing cautionary statements.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 28, 2002
Words:881
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