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Peerless Systems Unveils Modular Suite of Advanced Networking Technologies That Provide Security, Web Services and MFP Messaging Capabilities

Posted on: Monday, 15 May 2006, 15:03 CDT

Peerless Systems Corporation (NASDAQ: PRLS), a provider of advanced imaging and networking technologies and components to the digital document market, today announced its PeerlessNet(TM) suite of software development kits (SDKs). The PeerlessNet suite of products is a modular, standards-based family of advanced networking technologies comprised of comprehensive security, web services, MFP messaging functionality and a software print server. The four new SDKs provide original equipment manufacturers (OEMs) additional flexibility and portability for their network-connected devices.

Built on an open source platform, PeerlessNet products enable OEMs to achieve a faster time-to-market with ease of integration features designed in which allow them to concentrate on their unique market differentiation. By adhering to the POSIX-compliant operating system interface, PeerlessNet products feature outstanding portability to VxWorks, Linux and other operating systems enabling OEMs to transport and adapt any PeerlessNet module to a new operating environment with less effort. PeerlessNet protects OEM in-house technology investments by providing a core platform on which OEMs can add their unique value.

"Peerless acknowledges the pressure OEMs are under to match their solutions to satisfy various customer requirements," said Peerless VP of sales and marketing, Ed Gaughan. "PeerlessNet gives our OEM customers the advanced technologies they need with the added benefit of flexibility to design appropriate solutions on an individual customer basis. The leading-edge technologies in PeerlessNet have been designed to allow OEMs to focus on their core business and ultimately improve and protect their proprietary development endeavors."

PeerlessNet NetPrint SDK

The PeerlessNet NetPrint SDK acts as a base printing module that OEMs can utilize to offer print server functionality. The NetPrint SDK features network management capabilities including HP Web Jetadmin compatibility as well as easy-to-implement API interface points and a small memory footprint. The availability of additional PeerlessNet capabilities offers OEMs the ability to achieve full functionality or integrate only the modules they require with their own networking codes. The modularity of PeerlessNet allows OEMs to build a variety of solutions to meet the individual requirements of each market segment.

PeerlessNet Security SDK

The PeerlessNet Security SDK makes advanced network security for network-connected devices easy for OEMs to implement. Providing robust authentication, role-based authorization and detailed accounting protocols, this SDK fully integrates a device into a network by authenticating the user into the enterprise, providing functionality for the user based on authorization and a secure audit trail of those actions to meet regulatory requirements. This SDK provides the public-key cryptography necessary for digital signatures to ensure the integrity of messages transmitted over a network as well as their non-repudiation and confidentiality. The result is full data integrity and confidentiality.

PeerlessNet Web Services SDK

PeerlessNet Web Services SDK allows manufacturers of network-connected devices to support the new Network Plug 'n Play (PnP-X) and Web Services for Devices (WSD) connectivity in Microsoft Vista as well as Web Services-based enterprise applications. In addition, this SDK provides the tools to integrate devices into business workflows, thereby automating business processes. Added functionality includes secure messaging, dynamic discovery, detailed service description and rich status reporting.

PeerlessNet MFP Messaging SDK

The MFP Messaging SDK offers SMTP Client, FTP Client and Secure MIME encoding capabilities for sending documents, as well as POP3 Client and Secure MIME decoding capabilities for receiving documents. This enables devices to provide rich, secure send-and-receive functionality for a variety of applications such as scan to email and FTP, the use of iFax for sending and receiving documents, or Secure iFax to send and receive using Secure MIME and TIFF-FX Profile S functionality.

For more information about the PeerlessNet SDKs, please contact Peerless at info@peerless.com.

About Peerless Systems

Founded in 1982, Peerless Systems Corporation is a provider of imaging and networking technologies and components to the digital document markets, which include manufacturers of color, monochrome and multifunction office products and digital appliances. 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 imaging controller. Peerless' broad line of scalable software and silicon offerings enables its customers to shorten their time-to-market and reduce costs by offering unique solutions for multiple products. Peerless' customer base includes companies such as Canon, IBM, Konica Minolta, Kyocera Mita, Lenovo, OkiData, Ricoh, RISO, Seiko Epson and Xerox. Peerless also maintains strategic partnerships with Adobe and Novell. For more information, visit Peerless' web site at www.peerless.com.

Peerless is a registered trademark of Peerless Systems Corporation. PeerlessNet is a trademark of Peerless Systems Corporation.

Safe Harbor Statement Under The U.S. Private Securities Litigation Reform Act of 1995

Statements made by us in this press release that are not historical facts constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21 of the Securities Exchange Act of 1934. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management based on our current estimates, expectations, forecasts and projections and include comments that express our current opinions about trends and factors that may impact future operating results. Statements that use words such as we "believe,""anticipate,""estimate,""intend,""could,""plan,""expect,""project" or the negative of these, as well as similar expressions, are intended to identify forward-looking statements. These statements are not guarantees of future performance, rely on a number of assumptions concerning future events, many of which are outside of our control, and involve known and unknown risks and uncertainties that could cause our actual results, performance or achievements, or industry results, to differ materially from any future results, performance or achievements, expressed or implied by such forward-looking statements. Such risks and uncertainties include, among other things, changing competitive and market conditions, our reliance on certain OEM customers for significant portions of our revenues, the sufficiency of our capital resources, any adverse change in our relationship with Adobe Systems Incorporated and Novell, Inc, increased competition both from in-house OEM products and low cost offshore competitors, the impact of Microsoft's Vista(TM) operating system, reduced demand for our existing monochrome technologies, our ability to develop and market our advanced devices and software, the validity and protection of our intellectual property rights and our ability to execute our business plan and strategic partnering transactions.

The above risks, and others, are described in further detail in our reports filed with the Securities and Exchange Commission, including but not limited to our most recent Annual Report on Form 10-K for the fiscal year ended January 31, 2006 in the section called "Certain Factors and Trends Affecting Us and Our Business" filed on May 1, 2006. Copies of Peerless' press releases and additional information about Peerless are available at www.Peerless.com or you can contact the Peerless Investor Relations Department by calling (303) 393-7044

Current and prospective stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We are 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.

SOURCE: Peerless Systems

Source: MARKET WIRE

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