9/3/2002 - Peerless Systems Corporation (Nasdaq: PRLS), a provider of printing, imaging and networking solutions, announced a software developerís kit (SDK) licensing agreement with the Peripheral Equipment Business Division ("LPEB") of Legend (Beijing) Limited for the PeerlessPrint® family of printer control languages (PCL) and printer drivers. Legend is a wholly owned subsidiary of Legend Group Limited, which is the leading IT corporation in the Peopleís Republic of China ("PRC"). This is the first SDK license agreement for Peerless in the PRC and represents the continued acceptance of Peerless imaging technology for digital document products.
Under the terms of the agreement, Legend has licensed the PeerlessPrint® software developerís kit (SDK) for PeerlessPrint®5e and PeerlessPrint®6. PeerlessPrint maintains the highest degree of compatibility with Hewlett-Packardís popular PCL command streams, and provides resolution-independent support for a variety of monochrome, color laser, and color inkjet devices. Both the PeerlessPrint® and PeerlessDriverTM solutions have been shipping in the market for many years in products by such vendors as Xerox/Tektronix, Konica, Hitachi and others.
In addition, Legend has also licensed the associated PeerlessDriverTM DDK ("Driver Development Kit") for PeerlessPrint® 5e and 6. Together, the DDK and PeerlessPrint provide a true end-to-end printing solution. The PeerlessDriver DDK supports most Windows operating systems as well as advanced printing features such as color management, multiple finishing options, overlay and watermark printing capabilities. With the PeerlessDriver DDK, Legend will be able to customize the look and feel of the driver and integrate additional printing capabilities for faster time-to-market.
"The licensing agreement with Legend is a continued confirmation of the broad acceptance of Peerless technology in the imaging market and solidifies our commitment to expand into China," said Ron Davis, vice president of sales and field operations for Peerless Systems. "This is a very promising strategic relationship and we look forward to working with Legend to provide a wide selection of advanced imaging solutions that will boost Legendís competitive advantage in the marketplace."
"We are pleased to announce the selection of Peerless technology for integration into our printing and imaging devices," said Mr. Liu Hong, assistant president of Legend Group Limited and general manager of LPEB of Legend. "The flexible integration capabilities of PeerlessPrint and its fully HP-compatible PCL interpreters, complemented by the PeerlessPrint drivers, make it the obvious choice for our product line."
In addition to PeerlessPrint, Peerless offers a wide variety of products that enable product differentiation and can support OEM value-added features such as halftone screening, color calibration, and custom user interface integration. When used in conjunction with Peerless PeerlessPageTM and QuickPrint® co-processors, PeerlessPrint interpreters reduce memory and CPU power requirements for printing high quality images, thereby lowering system costs.
About Peerless Systems (www.peerless.com)
Headquartered in El Segundo, California, Peerless Systems Corporation is a provider of embedded imaging and networking systems to original equipment 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 Systemsí 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, Motorola, and Novell.
About Legend (Beijing) Limited (www.legendgrp.com)
Legend (Beijing) Limited is a wholly owned subsidiary of Legend Group Limited (HK stock code: 0992 and ADR: LGHLY) which is the leading information technology company in China. Legend brand PC accounted for a market share of 27.5% in the PRC market in 2001. The Legend brand PC is also the No. 1 best seller in the Asia Pacific region (excluding Japan) and accounted for a market share of 11.9%. Apart from manufacturing and sales of Legend brand PCs, the major businesses of Legend also include provision of IT services and Internet services, manufacturing and sales of handheld devices and contract manufacturing business.
About Peripheral Equipment Business Division of Legend (Beijing) Limited
Since the introduction of the first Chinese laser printer, LPEB has been expanding in the digital office area, trying to meet the various needs of customers, providing them with a series of products like inkjet printer, laser printer and multi-function equipment as well as commercial solutions across a broad range of markets.
PeerlessPrint® and QuickPrint® are registered trademarks of Peerless Systems Corporation. PeerlessTM, PeerlessPageTM, PeerlessDriverTM and ImageWorksTM are trademarks of Peerless Systems Corporation.
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