Peerless Systems' VersaPage Saves Time and Development Costs for Printing and Imaging OEMs.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)--Feb. 11, 2002 Flexible Solution For Language Integration Can Accommodate Virtually Any Printer Architecture and Interpreter Peerless Systems Corporation (Nasdaq:PRLS PRLS Puerto Rican and Latino Studies (program of study) ), a provider of printing and imaging solutions, today announced the availability of its VersaPage(TM) application programming interface (API (Application Programming Interface) A language and message format used by an application program to communicate with the operating system or some other control program such as a database management system (DBMS) or communications protocol. ), which provides original equipment manufacturers (OEMs) of printing and imaging devices with flexible printer language integration capabilities. VersaPage allows OEMs to easily interface new and existing printer languages such as Adobe(R) PostScript(R) and PeerlessPrint(R), Peerless Systems' Hewlett-Packard (HP)-compatible printer control language (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, on their own imaging platforms. As a leading provider of embedded Inserted into. See embedded system. technologies for Adobe PostScript-based solutions, Peerless Systems will offer VersaPage in conjunction with the Adobe PostScript software developer's kit See SDK. (SDK (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). ), providing in-house development teams with added convenience during the product design phase. Peerless Systems' VersaPage saves OEMs valuable time and development costs by providing a standard set of interfaces for printer language integration that are designed to accommodate new product functionality. By saving OEMs integration time, the OEMs are able to focus on adding richer feature sets to their products. "VersaPage demonstrates our commitment to help printing and imaging device manufacturers deliver products that feature Adobe and Peerless technology to market as quickly as possible," said Ron Davis, vice president of sales and field operations of Peerless Systems Corp. "Adobe and Peerless Systems share a common vision, to provide manufacturers of genuine Adobe PostScript-based products with greater value and efficiency," said George Cacioppo, vice president, Internet Printing Group at Adobe. "Peerless Systems' VersaPage-enabled SDK provides ongoing support for existing and future versions of Adobe PostScript, saving time and money on the cost of language integration within product families." Peerless Systems' VersaPage solution is modular, allowing OEMs the flexibility of selecting only the system components they need, such as PCL integration, network stacks, hardware rendering Performing the computations necessary to construct output for the printer or screen by following instructions hardwired into a chip. Given computers with equal speed, hardware rendering is faster than software rendering. See render. and color management. The solution requires one-time integration and provides architecture benefits by giving OEMs ready access to Peerless Systems' existing library of modules, as well as future module updates. About PeerlessPrint(R) Peerless Systems' own PeerlessPrint(R) family of PCL interpreters maintains a high degree of compatibility with HP's PCL development. Peerless' emulations of PCL5e(TM), PCL5c(TM) and PCL6(TM) provide resolution independent and double byte support for a variety of monochrome, color laser and color inkjet devices. About Peerless Systems Corporation Headquartered in El Segundo, CA, Peerless Systems Corporation is a provider of embedded imaging and networking systems to manufacturers of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: 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 Seiko Epson Corporation (セイコーエプソン株式会社 , Xerox and other international corporations. Peerless Systems also holds strategic partnerships with Adobe, IBM Microelectronics, Motorola, and Novell. For more information, please call 310/536-0908 or visit the web site at www.peerless.com. PeerlessPrint(R) is a registered trademark 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. In most, if not all, cases these 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. This Release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of 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. Statements prompted by, qualified by or made in connection with such words as "availability," "can accommodate," "commitment to help deliver products," "will offer," and words of similar substance signal forward-looking statements. Likewise, 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 Reports on Forms 10-K dated January 31, 2001 in the Section called Risks and Uncertainties at pages 33 through 42, inclusive, filed on or about May 1, 2001 and the Company's most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. dated October 31, 2001 in the Section called Risks and Uncertainties at pages 17 through 26, inclusive, filed on or about December 13, 2001. 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. |
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