Article: Peerless Systems and We Software, Ltd. Announce Co-Development Agreement; Agreement Enables Peerless Systems To Address New Markets.

Business Editors

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Feb. 19, 2002

Peerless Systems Corporation (Nasdaq:PRLS), a provider of printing and imaging solutions, and We Software, Ltd. (WESOFT), an embedded software engineering company located in Hong Kong, have announced the signing of a Co-Development Agreement. WESOFT will act on Peerless Systems' behalf to develop products for the new, high growth business markets emerging in China and Southeast Asia.

Under the terms of the bi-lateral agreement, WESOFT will undertake development of new product programs using Peerless Systems software-based imaging and networking systems technology, including ...

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