April 14, 2005 - Peerless Technologies Corporation announced the award of a Small Business Innovative Research (SBIR) Phase I contract from Air Force Research Laboratory, Information Directorate (AFRL/IF), Wright Patterson Air Force Base, Ohio. Peerless Technologies Corp is teamed with Ball Aerospace & Technologies Corporation to develop a Multi-modal Advanced Technology for Information eXchange (MATRIX) environment that will provide a new unique way for organizations to share, reason, and collaborate on information and events.

Peerless Technologies Corporation, a US SBA HUBZone certified company, is based in Dayton, Ohio and provides information technology, financial, engineering, and scientific services to commercial and government clients.