Peerless Announces Multiple Design Wins for QuickPrint 1800, Peerless' Fifth-Generation Coprocessor Family.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)--Sept. 12, 1997-- OEMs Adopt Peerless Coprocessor coprocessor Additional processor used in some personal computers to perform specialized tasks such as extensive arithmetic calculations or processing of graphical displays. Technology for Monochrome and Bilevel/Contone Color Printers and Multifunction Devices Peerless Systems Corp. (Nasdaq:PRLS PRLS Puerto Rican and Latino Studies (program of study) ), a leader in embedded imaging systems, Friday announced that it has secured nine new design wins for its next-generation QuickPrint 1800 coprocessor. These wins include contracts for color and monochrome printers, as well as multifunction devices. Peerless' OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers are attracted to the QuickPrint 1800 because it enables them to manufacture high-speed monochrome and color printers and multifunction devices at lower costs than previously possible. The QuickPrint 1800 is the latest in Peerless' QuickPrint family of coprocessors. It supports continuous tone (contone) imaging instructions and the fifth generation of Peerless Graphics Execution Unit (GEU GEU Glendale, AZ (airport code) GEU Graduate Employees Union (Michigan State University) GEU Guidance Electronics Unit GEU Genetic Evaluation and Utilization ) to enable color printing “colour separation” redirects here. For other uses, see colour-separation overlay. Color printing is the reproduction of an image or text in color (as opposed to simpler black and white or monochrome printing). at near-monochrome cost and performance. It also offers a new version of Peerless' Object-Based patented Memory Reduction Technology (MRT MRT, n manual resistance technique, a treatment method used during the acute and recovery phases to relieve pain and rehabilitate the body's tissues and muscles. ) which supports accelerated processing of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color graphics commands. Together, these technologies decrease the system cost and increase printing performance by reducing the required processing power and memory to print complex pages. As a result, the QuickPrint coprocessor enables 600 dpi color printing at speeds up to 25 ppm in bilevel mode and up to 10 ppm in contone mode. The QuickPrint 1800 is backwardly compatible with the current-generation QuickPrint 1700. The QuickPrint 1800 provides direct support to a more powerful and broader range of processors, including: PowerPC, Intel i960 family of microprocessors and Motorola ColdFire processors. It also can use faster memory and is ideal for product designs requiring high performance, especially for color and high-speed multifunction products. All those features and enhancements enable excellent price performance for a wide range of printers and multifunction devices. "We are pleased with the level of acceptance of our new technology by our customers," said Tom Ruffolo, vice president of marketing at Peerless Systems. "As a company, we continue to raise the bar on price/performance standards for the color and monochrome laser printer and multifunction device markets." Printer controllers utilizing the QuickPrint 1800 coprocessors are optimized to support Peerless' PeerlessPrint family (PeerlessPrint5E / C / XL / 6) of leading HP 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. emulations and WinEXPRESS Windows printing, as well as genuine Adobe PostScript Level 2 and Adobe PostScript 3. Peerless will be featuring the QuickPrint 1800 coprocessor in a color contone printer A laser printer that begins to approach continuous tone quality by varying the dot size. However, unlike continuous tone, which can blend inks more thoroughly, contone has a limited number of dot sizes, and dithering is still used to make up shades. See continuous tone. at its booth (No. 2131 South Hall) during Seybold San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden Publishing 97 Exposition, Oct. 1-3. The QuickPrint 1800 joins the Peerless QuickPrint family, and samples are available now, with production quantities available this fall(a). More on Peerless Systems Corp. Peerless Systems is a leading provider of software-based embedded imaging systems to original equipment manufacturers of digital document products. Digital document products include printers, copiers, fax machines, scanners and emerging color products, as well as multifunction products that perform a combination of these imaging functions. In order to process digital text and graphics, digital document products rely on a core set of imaging software and supporting electronics, collectively known as an embedded imaging system. The Peerless family of products and engineering services provide advanced embedded imaging technologies that enable the company's OEM customers to develop digital printers, copiers and multifunction products quickly and cost-effectively. Peerless Systems is located at 2381 Rosescrans Ave., El Segundo, Calif. 90245. Main telephone: 310/536-0908. Facsimile: 310/536-0058. Web site: www.peerless.com . -0- (a) "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 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: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include the following: the fact that the company's markets are characterized by rapidly changing technology, evolving industry standards and frequent introductions of new products and enhancements, and the company's ability to respond to such changes; difficulties which the company may experience in completing the development of turnkey designs for OEM customers, its color technology or other products; the fact that the multifunction and color markets targeted by the company are at an early stage of development; the highly competitive nature of the markets for the company's products; the company's ability to attract and retain skilled personnel; the company's reliance on third-party suppliers for components used in the company's products; the quarterly variability in the company's bookings and design wins; and the company's reliance on a relatively small number of OEM customers for a large percentage of its revenue. These and other factors which could cause actual results to differ materially from those in the forward-looking statements are also discussed in the company's filings with the Securities and Exchange Commission, including its recent filings 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. , Form 10-Q Form 10-Q See 10-Q. and Form S-1. -0- NOTE: Peerless, PeerlessPrint, QuickPrint and WinEXPRESS are trademarks and Memory Reduction Technology (MRT) is a registered trademark of Peerless Systems Corp. Adobe and PostScript are trademarks of Adobe Systems Inc. All other brand and product names are trademarks or registered trademarks of their respective owners. CONTACT: Peerless Systems Corp. Ave Jacinto, 310/297-3264 ajacinto@peerless.com or Miller/Shandwick Technologies Victoria Rierdan, 310/203-0550 vrierdan@miller.shandwick.com |
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