Peerless Group Inc. promoted two corporate veterans in moves reflecting
The Richardson, Tex., software company's board named Gary Austin vice
Steven Tomson, formerly an executive vice president, is the new
Peerless' products are installed at more than 300 banks and credit
"Between now and 2000 we see major growth" in outsourcing, Mr. Austin
He has spent 12 years with Peerless, which in a previous incarnation was
Peerless' management bought it in 1989. A contractual stipulation
It started the outsourcing venture last September and serves five banks
Mr. Austin said the time is ripe to enter the processing business. One
"This is one time in history when being the biggest and having the