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Peerless Technologies Announces Tivoli Partnership

Dayton, Ohio - Peerless Technologies Corporation announced today that it has entered into an agreement with Tivoli Systems www.tivoli.com, a subsidiary of IBM Corporation, as part of Tivoli's Business Partner program. Tivoli Systems Inc. provides the industry's leading open, highly scalable and cross-platform technology management solutions that span networks, systems, applications and business-to-business e-commerce. Leading companies around the world use Tivoli software and Tivoli Ready products to reduce the cost and complexity of managing networks, systems, databases and applications. Headquartered in Austin, Texas, Tivoli is an IBM company (NYSE: IBM).

Tivoli's Business Partner program consists of qualified systems and network integrators, services providers, resellers and distributors trained to provide customers with sales, implementation, and professional support services for designing, implementing and supporting Tivoli's IT management solutions. By targeting specific market segments, Tivoli Business Partners offer customers the freedom to choose the expertise that meets the needs of growing businesses.

Peerless Technologies provides Information Technology services including Enterprise Network Management, Database Development, Network Support and Administration, Internet Services, and System Testing and Evaluation to commercial and government clients.

For additional information, contact Michael Bridges at 937.222.1330 or information@ePeerless.com.

April 15, 2000

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