On August 4, 2008, Peerless Systems Corporation (the "Company") and Adobe Systems Incorporated ("Adobe") entered into Amendment No. 30, effective as of June 30, 2008 ("Amendment"), to the PostScript Software Development License and Sublicense Agreement dated July 23, 1999, as amended (the "Agreement"). Pursuant to the terms of the Amendment, Adobe will provide certain maintenance services to the Company for a fixed fee, in lieu of certain license fees and annual maintenance requirements set forth in the Agreement and the Wind-Down Period contemplated in Exhibit B of the Agreement will be extended to a maximum of 21 months following expiration of the Agreement.

The foregoing description does not purport to be complete and is qualified in entirety to the text of the Amendment, which will be filed as an exhibit to Peerless' Form 10-Q for the second quarter ended July 31, 2008, with portions omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

On August 7, 2008, the Company issued a press release announcing the Amendment. A copy of the press release is attached as Exhibit 99.1 to this Report.

(d) Exhibits.

Exhibit
Number  Description

 99.1   Press release.