Peerless Systems Schedules Third Quarter Earnings Release and Conference Call

Peerless Systems Corporation (Nasdaq: PRLS), a provider of advanced imaging and networking technologies and components to the digital document market, will announce financial results for its fiscal 2006 third quarter after the market closes on Thursday, December 1, 2005. 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 http://www.peerless.com or by dialing into the teleconference at 800-561-2731 (617-614-3528 for international callers) and entering the passcode 77506217. 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 8, 2005, by calling 888-286-8010 (617-801-6888 for international callers) and entering the passcode 39948642. For additional information, please contact Geoff High at 303-393-7044 or visit the Company's web site at http://www.peerless.com. About Peerless Systems Corporation Founded in 1982, Peerless Systems Corporation is a provider of imaging and networking technologies and components 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, Konica Minolta, Kyocera Mita, Lenovo, OkiData, Ricoh, RISO, Seiko Epson and Xerox. Peerless also maintains strategic partnerships with Adobe and Novell. For more information, visit Peerless' web site at http://www.peerless.com.

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