Peerless CEO Is Tops Among His Peers

By KAREN KAPLAN

Oct. 4, 1999 12 AM PT

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 $4.6-million profit on sales of $33 million. Gavaldon will receive his award Oct. 28 at the annual Southern California Software Industry Awards Program, hosted by the Software Council.

Technology and the Internet Business

Karen Kaplan

Karen Kaplan covers science and medical research for the Los Angeles Times. She has been a member of the science team since 2005, including 13 years as an editor. Her first decade at The Times was spent covering technology in the Business section as both a reporter and editor. She grew up in San Diego and is a graduate of MIT and Columbia University.

Peerless CEO Is Tops Among His Peers

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