Peerless Systems Schedules Third Quarter Earnings Release and Conference Call

Peerless Systems Schedules Third Quarter Earnings Release and Conference Call

EL SEGUNDO, Calif., Dec. 2 /PRNewswire-FirstCall/ -- Peerless Systems Corporation (NASDAQ:PRLS), a leading provider of imaging and networking controllers to digital document markets, will announce financial results for its fiscal 2005 third quarter after the market closes on Thursday, December 9, 2004.

Following the release of its financial results, senior management will host a conference call and simultaneous webcast. The event will begin at 5 p.m. Eastern (2 p.m. Pacific) and can be accessed via the Internet at www.peerless.com or by dialing into the teleconference at 800-291-9234 (01-617-614-3923 for international callers) and entering the passcode 23481272.

Participants should access the website at least 15 minutes early to register and download any necessary audio software. A replay of the webcast will be available for 30 days and an audio replay will be available through December 16, 2004, by calling 888-286-8010 (01-617-801-6888 for international callers) and entering the passcode 52945360.

For additional information, please contact Geoff High at 303-393-7044 or visit the Company's web site at www.peerless.com.

About Peerless Systems Corporation

Founded in 1982, Peerless Systems Corporation is a provider of imaging and networking controllers 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 enable 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, Lenovo, OkiData, Ricoh, RISO, Seiko Epson and Xerox. Peerless also maintains strategic partnerships with Adobe and Novell. For more information, visit the Company's web site at www.peerless.com.

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

This Release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The use of forward-looking statements 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 Report on Form 10-K dated January 31, 2004, in the Section called Certain Factors And Trends Affecting Peerless And Its Business at pages 16 through 23, inclusive, filed on April 30, 2004, and the Company's most recent Quarterly Report on Form 10-Q dated July 31, 2004 in the Section called Certain Factors and Trends Affecting Peerless and Its Business at pages 20 through 28, inclusive, filed on September 14, 2004.

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.


Source: Peerless Systems Corporation

CONTACT: William R. Neil, Chief Financial Officer of Peerless Systems
Corporation, +1-310-297-3146; or investors, Geoff High of Pfeiffer High
Investor Relations, Inc., +1-303-393-7044, for Peerless Systems Corporation

Web site: http://www.peerless.com/


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