Ricoh Aficio 1055 MFP to Feature Peerless Systems Controller

10/30/2002 - Peerless Systems, a provider of imaging and networking solutions, 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) 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 imaging that runs on a PowerPC 740 CPU with a Peerless QuickPrint QP1910 graphics coprocessor. The controller supports both PeerlessPrint5e and 6 PCL emulation and genuine Adobe PostScript3. 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, 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, 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
Ricoh Company, Ltd., is a leading global manufacturer of office automation equipment, including copiers, facsimile machines, data processing 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. Ricoh has 137 consolidated subsidiaries and affiliates in Japan and 267 overseas, together employing around 74,200 people.

About Peerless Systems
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 ImageWorksTM 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, Kyocera, Minolta, Ricoh, Seiko Epson, Xerox and other international corporations. Peerless Systems also holds strategic partnerships with Adobe, IBM Microelectronics, and Novell.

PeerlessPrint and QuickPrint are registered trademarks of Peerless Systems Corporation. PeerlessTM, PeerlessPageTM and ImageWorksTM are trademarks of Peerless Systems Corporation.

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