PerfectData Board Acts on Pego Acquisition

The board of directors for PerfectData Corp. in Simi Valley has established today as the record date for shareholders to vote on the acquisition of Pego Systems Inc. In addition they are to decide whether to increase the number of authorized shares of common stock to allow flexibility in pursuing additional acquisitions.

The company recently announced a merger with Pego, which allows PerfectData to acquire 100% of Pego Systems for common stock. Pego Systems, with headquarters in Long Beach and offices in Novato and Seattle, designs industrial equipment and systems used in pollution control.

PerfectData designs computer, office care and maintenance products and accessories.