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Peerless Systems ``Partner-to-Develop'' Approach Enables New Printer Product from Legend
June 12, 2003 4:53:00 PM ET


EL SEGUNDO, Calif.--(BUSINESS WIRE)--June 12, 2003--

Legend Incorporates Peerless Technologies and Support in New Monochrome Laser Printer for PRC Distribution

Peerless Systems Corporation PRLS, a provider of imaging controllers to the digital document market, announced today that the first Legend printer has been shipped based on the Peerless imaging software development kit (SDK) agreement announced last August. Peerless provided PeerlessPrint(R) PCL emulation, PeerlessDriver(TM), the PeerlessPage(TM) imaging software, the QuickPrint(R) graphics co-processor, technical training and product support that enabled Legend to develop the new Lenovo LJ7500E, a 22 page per minute monochrome printer, currently available in the People's Republic of China.

"Peerless' `Partner-to-Develop'(TM) philosophy arms its customers with a significant competitive advantage by providing the technologies, training and support to enable original equipment manufacturers (OEMs) to differentiate products in the marketplace," said Steve Robinson, vice president of marketing and sales, Peerless. "Our partnership has enabled Legend to focus on its product differentiation while using Peerless technology to provide industry standard market imaging features such as PCL emulation, the Windows driver and a proven imaging system with hardware acceleration."

This Legend undertaking included more than just licensing of Peerless technology SDKs. It also included the technical training and product support as well as our business model flexibility which make up the Peerless "Partner-to-Develop" program. The program combines Peerless industry standard imaging technologies with our partnership assistance to ensure the best combination of technologies and skills to develop the best imaging products for the market.

"The Chinese imaging market is expected to grow significantly over the next few years," said Mr. Liu Hong, assistant president and general manager, peripherals department of Legend. "The introduction of our Lenovo LJ7500E using Peerless technology and expertise further signifies the partnership between Peerless and Legend."

About Legend Group Limited

Legend Group Limited ("Legend") (SEHK stock code: 992 and ADR: LGHLY) is a diversified technology company providing advanced IT products and services. From designing computers to providing Internet services, from manufacturing IT components to setting up corporate IT solutions, Legend is constantly tracking what people want from advanced technology. Established in 1984, Legend is already itself a legend of sorts in China. Its PCs have been the best-selling brand for six consecutive years in China since 1997 and the best seller in the Asia Pacific region (excluding Japan) for three consecutive years since 2000. Now employing over 10,000 staff, Legend is a diversified high-tech company which was ranked first among the Top 100 Electronic Enterprises in China for both 1999 and 2000. Legend has been listed on the Stock Exchange of Hong Kong Limited since 1994, and is one of the constituent stocks of the Hang Seng Index. For more information, please visit the web site at www.lenovo.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 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, Kyocera/Mita, Minolta, Konica, OkiData, Ricoh, Seiko Epson and Xerox. Peerless also maintains strategic partnerships with Adobe, IBM Microelectronics, and Novell. For more information, visit the Company's web site at www.peerless.com.
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