Article: PEERLESS SYSTEMS/WE SOFTWARE SIGN CO-DEVELOPMENT PACT.

Peerless Systems Corporation (Nasdaq: PRLS), El Segundo, Calif., a provider of printing and imaging solutions, and We Software, Ltd. (WESOFT), an embedded software engineering company located in Hong Kong, have signed 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 Peerless' ImageWorks(tm) delivery system. The ImageWorks(tm) architecture enables ...

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