Peerless' MagicPrint(TM) Driverless Printing Solution(TM) allows users to print files or web pages to any enabled local networked printer via their laptops without installing any additional software. Within seconds, the user can browse for a file on his or her laptop, or type in the URL of a web page he or she would like to print, or preview the file or web page before printing it. A tailor-made solution for the hospitality market, MagicPrint(TM) supports a 24/7 convenient printing option for guests which can also augment the hotel's business center opportunities for guests who may need to copy, collate, bind, and hole punch their print jobs.
The Nomadix USG's patented Dynamic Address Translation (DAT) functionality offers a true "plug and play" solution by providing transparent broadband network connectivity covering every PC configuration (static IP, DHCP, DNS, and proxies). No software downloads or PC configuration changes are required in order to get connected to the network enabling guests to access a hotel's broadband Internet services.
"The Peerless MagicPrint(TM) solution is a great complement to our Universal Subscriber Gateway as it provides printing capability with the same no touch, no software configuration experience customers demand in Internet connectivity," said John DiGiovanni, director of product marketing, Nomadix. "This driverless printing solution enables a hotel to provide its guests with the convenience of having local printing billed directly to the room bill thus minimizing the complexity of integrating new technology into the hotel's Property Management System."
"We are pleased to work with Nomadix to pursue the valuable application of our office printing solutions for users in various off-site environments, such as in hotels," said Greg Wong, product marketing director for Peerless Systems Corporation. "Guests get an easy-to-use, high performance, Internet access and printing solution in hotels. MagicPrint(TM) may even be utilized anywhere Internet connectivity and printing capabilities are needed such as airports, corporate campuses or dormitories."
MagicPrint's initial installation is at the Westlake Village Inn in Westlake Village, California, and features a Lexmark Optra T614 printer. MagicPrint(TM) is proving to be a consumer service that complements the hospitality market's increased utilization of the Internet as a guest amenity.
"We are proud to offer innovative services to our guests by providing high-speed Internet access and convenient 24/7 local printing from every guest and meeting room," said D.J. Lockhart, Marketing Director, Westlake Village Inn. "Since there is no software to load, setup time is instant and there is no left over configurations to unload when the guests check out."
The MagicPrint(TM) Driverless Printing Solution will be demonstrated at the HITEC hospitality show June 26-28, 2001 in the Lexmark / Peerless booth (1253/1255) and in the Nomadix booth (134/136) at the Orange County Convention Center in Orlando, Florida.
About Nomadix
Nomadix develops and markets edge-infrastructure service creation equipment that enables solution providers to offer ubiquitous broadband Internet services to their subscribers and generate incremental revenue streams beyond a flat rate connection fee. Nomadix' Universal Subscriber Gateway platform enables fast and easy broadband access for consumers, and provides a new world of opportunities for solution providers - a world in which anyone with an Internet-enabled device can instantly become a customer. For additional information on Nomadix and the Universal Subscriber Gateway, visit www.nomadix.com or call 800-666-2349.
About Peerless Systems Corporation
Peerless Systems Corporation, headquartered in El Segundo, California, is a provider of software-based embedded imaging and networking systems to OEMs of digital document products and software utilities to OEMs of Network Attached Storage devices. Digital document products include printers, copiers, fax machines, scanners and color products, as well as multifunction products that perform a combination of these imaging functions. 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 embedded imaging system. Embedded networking systems supply the core software technologies to digital document products that enable them to communicate over local area networks and the Internet. The Company is also developing software utilities for OEMs of Storage Area Network devices. For more information on Peerless Systems Corporation or on the MagicPrint(TM) Driverless Printing Solution(TM), visit or call (800) 362-5738.
MagicPrint(TM) and Driverless Printing Solution(TM) are trademarks of Peerless Systems Corporation. All other trademarks are the property of their respective owners. This news release refers to various products and companies by their trade names. In most, if not all, cases these designations are claimed as trademarks or registered trademarks by their respective companies.
Safe Harbor Statement under the U.S. Private Securities Litigation
Reform Act of 1995.
This News Release contains such forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes" and words of similar substance used in connection with any discussion of future operations or financial performance identify forward-looking statements. In particular, statements regarding the Company's business outlook for future performance and growth, anticipated sales of the Company's products, including Block Licenses, market demand for customers' products, demand for the Company's engineering services and printer technology, including its MFP technology, outlook for future performance and growth of the Company including demand for and possible opportunities for software technology, expected completion dates of certain engineering efforts, statements regarding development and implementation of new technology and anticipated revenues, cash position, and profitability constitute forward-looking statements. These forward-looking statements are just predictions and involve risks and uncertainties such that actual results may differ materially from these statements. Important factors that could cause actual results to differ materially from those reflected in forward-looking statements made in this notice include, but are not limited to: a) changes in the marketplace in which Peerless offers its products; b) the failure of Peerless' business strategy to produce the projected financial results; c) the failure of the Company to maintain its margins due to changes in its business model in reaction to competitive pressures; d) the delay in or the non-acceptance by the market of new product and technology offerings; e) the inability of the Company to retain and attract the technical talent to compete effectively in the marketplace for imaging and storage; f) the failure of Peerless' markets to achieve expected growth rates; g) that new licensing may not be achieved as a result of a number of changing circumstances, including, but not limited to, an unfavorable economy, resulting in decreased demand for OEMs' products using Peerless technology: h) that OEMs may elect not to proceed with development of products using Peerless technology because of, but not limited to, changes in demand for anticipated products, age of Peerless technology, cost of OEMs performing the efforts themselves, concerns of the OEM about Peerless financial position and Peerless' competitors offering alternative solutions; i) the competitors coming to market with new and possibly at a reduced cost, alternative solutions; j) the anticipated market growth in Imaging may not grow to expected levels; k) the costs associated with the development of products for Imaging may be higher than currently forecasted; l) higher than forecasted legal expenses and/or an unfavorable outcome to current matters being litigated, including class action lawsuit; and m) other factors affecting Peerless' business, and these forward-looking statements as set out from time to time in Peerless' filings with the Securities and Exchange Commission, including the Company's Quarterly Report on Form 10-Q dated June 14, 2001, and filed thereon, in the Section called Risks and Uncertainties at pages 18-28, inclusive, and its Annual Report on Form 10-K dated May 1, 2001, and filed thereon, in the Section called Risks and Uncertainties at pages 33-42, inclusive, and the Company's other filings with the SEC. 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.
