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Peerless Systems Corp

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BUSINESS
January 7, 1999
El Segundo-based Peerless Systems Corp., a maker of embedded imaging systems, said Chief Financial Officer Hoshi Printer has resigned to become chief financial officer of Irvine-based Autobytel.com, an Internet-based service for new and used vehicle purchasing and leasing.
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BUSINESS
October 4, 1999 | KAREN KAPLAN, TIMES STAFF WRITER
Edward Gavaldon, who turned a money-losing Peerless Systems into a successful printer technology company, won the Software Council of Southern California's CEO of the Year award for 1999. Less than a year after joining Peerless in January 1995, Gavaldon led the El Segundo firm to its first profitable quarter in five years by licensing its core imaging technology to printer manufacturers. He raised $30 million in an initial public offering in 1996, and last year the company made a $4.
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BUSINESS
July 6, 1998 | KAREN KAPLAN
Peerless Systems Corp. President and Chief Executive Ed Gavaldon won the 1998 Ernst & Young Entrepreneur Award for the Greater Los Angeles technology category. Soon after joining El Segundo-based Peerless in 1995, Gavaldon took the company public and produced seven consecutive profitable quarters. The company--which provides software-based embedded imaging systems to makers of printers, copiers, fax machines and scanners--has increased its staff 60% since January 1997.
BUSINESS
January 7, 1999
El Segundo-based Peerless Systems Corp., a maker of embedded imaging systems, said Chief Financial Officer Hoshi Printer has resigned to become chief financial officer of Irvine-based Autobytel.com, an Internet-based service for new and used vehicle purchasing and leasing.
BUSINESS
August 22, 1998 | From Bloomberg News
Peerless Systems Corp. shares tumbled 65% Friday after the El Segundo-based maker of software for copiers and fax machines warned it expects weaker demand for its products and lower profits in coming quarters. Peerless fell $13.38 to close at $7.25 on Nasdaq, with a trading volume of more than 100 times its three-month daily average. The stock traded as low as $6, its lowest since Peerless went public in September 1996 at $11.
BUSINESS
May 6, 1997
Companies with sales between $10 million and $50 million are ranked by percentage increase in 1996 sales. The Sales Growth 100 list on Page 31 measures companies with sales above $50 million. *--* Rank Company 1996 sales 1996 (millions) % change 1 SmarTalk TeleServices $15 3209% 2 NetVantage Inc. 27 1,923 3 BroadVision Inc. 11 1,915 4 Triathlon Broadcasting Co. 19 1,611 5 Sequus Pharmaceuticals 33 1,533 6 Infoseek Corp. 15 1,363 7 Gilead Sciences Inc. 33 821 8 Yahoo! Inc.
BUSINESS
October 4, 1999 | KAREN KAPLAN, TIMES STAFF WRITER
Edward Gavaldon, who turned a money-losing Peerless Systems into a successful printer technology company, won the Software Council of Southern California's CEO of the Year award for 1999. Less than a year after joining Peerless in January 1995, Gavaldon led the El Segundo firm to its first profitable quarter in five years by licensing its core imaging technology to printer manufacturers. He raised $30 million in an initial public offering in 1996, and last year the company made a $4.
BUSINESS
May 23, 1997
ITT Corp. may sell all or part of its World Directories telephone-book publishing business to either GTE Corp. or BellSouth Corp. as part of its plan to thwart a takeover by Beverly Hills-based Hilton Hotels Corp., said sources familiar with the company's negotiations. . . . Pomona-based Hot Topic Inc. said its net loss for the first quarter was reduced to $110,000, or 2 cents a share, compared with $168,000, or 5 cents, in the year-ago quarter. . . . El Segundo-based Peerless Systems Corp.
BUSINESS
November 15, 1999 | P.J. HUFFSTUTTER
Bill Manassero, executive director of the Southern California Software Council and a key player in helping to develop the Orange County and Los Angeles technology scenes, will announce today that he is stepping down. Manassero, 44, joined the council six years ago. Since then, he has helped transform the tiny effort into a powerful networking group driven by hundreds of volunteers.
BUSINESS
May 14, 2000
Edward Holman has joined El Pollo Loco in Irvine as controller. He was previously director of corporate financial services at Advantica Restaurant Group Inc., which includes the Denny's, Coco's and Carrows chains. Advantica also owned El Pollo Loco before selling it in December to American Securities Capital Partners LP. Holman has also held management positions at Coca-Cola Bottling Co. Consolidated. * Louanne Punsalang has been named controller of D&L Sheet Metal in Fullerton.
BUSINESS
August 22, 1998 | From Bloomberg News
Peerless Systems Corp. shares tumbled 65% Friday after the El Segundo-based maker of software for copiers and fax machines warned it expects weaker demand for its products and lower profits in coming quarters. Peerless fell $13.38 to close at $7.25 on Nasdaq, with a trading volume of more than 100 times its three-month daily average. The stock traded as low as $6, its lowest since Peerless went public in September 1996 at $11.
BUSINESS
July 6, 1998 | KAREN KAPLAN
Peerless Systems Corp. President and Chief Executive Ed Gavaldon won the 1998 Ernst & Young Entrepreneur Award for the Greater Los Angeles technology category. Soon after joining El Segundo-based Peerless in 1995, Gavaldon took the company public and produced seven consecutive profitable quarters. The company--which provides software-based embedded imaging systems to makers of printers, copiers, fax machines and scanners--has increased its staff 60% since January 1997.
BUSINESS
May 6, 1997
Companies with sales between $10 million and $50 million are ranked by percentage increase in 1996 sales. The Sales Growth 100 list on Page 31 measures companies with sales above $50 million. *--* Rank Company 1996 sales 1996 (millions) % change 1 SmarTalk TeleServices $15 3209% 2 NetVantage Inc. 27 1,923 3 BroadVision Inc. 11 1,915 4 Triathlon Broadcasting Co. 19 1,611 5 Sequus Pharmaceuticals 33 1,533 6 Infoseek Corp. 15 1,363 7 Gilead Sciences Inc. 33 821 8 Yahoo! Inc.
BUSINESS
May 6, 1997 | JAMES BATES
TIMES STAFF WRITER What's in a name? For public companies in California, it was Datathis Inc. or Datathat Inc. back in the 1980s, when virtually every garage-based high-tech company was seemingly sprouting into a major publicly held company. In the feel-good '90s, try "For Better Living" or "Excite Inc." There's the bubbly "Affymetrix." And don't forget the friendly "Hello Direct Inc." or helpful "Edify Corp."
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