Perle Systems NASDAQ Ticker Symbol Changes to PERL

Business Wire, June 11, 1999

TORONTO--(BUSINESS WIRE)--June 11, 1999--

Perle Systems(NASDAQ:PERLF) (TSE:PL.) Perle Systems Limited, (NASDAQ:PERLF, TSE:PL) a leading provider of remote access products, today announced that it will change its NASDAQ ticker symbol from "PERLF" to "PERL". This change is effective June 14, 1999.

Perle Systems is a leading developer, manufacturer, and vendor of award-winning communications hardware and software products. Perle products include Remote Access Servers for Ethernet and token ring LANs and Network Controllers. In addition, with the acquisition of Specialix in January 1999, Perle now offers products for serial and terminal server connectivity for UNIX and NT environments. The Company specializes in providing products that give customers reliable remote access to their mission critical applications and data. Perle Systems has offices in 16 countries and sells its products through reseller channels worldwide. Its stock is traded on the NASDAQ stock market (symbol PERLF) and The Toronto Stock Exchange (symbol PL). For more information about Perle and its products, see http://www.perle.com.