-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VjJ35I7RnwrwkJHtjqF3pK2zPkcNXvsoVXQyPOW+Kyrc9WY033f/25LaRMMBPhhm
 VCECATPmhQJ5oVMmvzn11Q==

<SEC-DOCUMENT>0001424950-09-000003.txt : 20090511
<SEC-HEADER>0001424950-09-000003.hdr.sgml : 20090511
<ACCEPTANCE-DATETIME>20090511162019
ACCESSION NUMBER:		0001424950-09-000003
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090511
DATE AS OF CHANGE:		20090511
EFFECTIVENESS DATE:		20090511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEERLESS NETWORK INC.
		CENTRAL INDEX KEY:			0001424950
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-113799
		FILM NUMBER:		09815249

	BUSINESS ADDRESS:	
		STREET 1:		225 W WASHINGTON
		STREET 2:		SUITE 1285
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			312-543-16
		BUSINESS PHONE:		312-543-1660

	MAIL ADDRESS:	
		STREET 1:		225 W WASHINGTON
		STREET 2:		SUITE 1285
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			312-543-16

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PEERLESS NETWORK LLC
		DATE OF NAME CHANGE:	20080124
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001424950</cik>
        <entityName>PEERLESS NETWORK INC.</entityName>
        <issuerAddress>
            <street1>225 W WASHINGTON</street1>
            <street2>SUITE 1285</street2>
            <city>CHICAGO</city>
            <stateOrCountry>IL</stateOrCountry>
            <zipCode>60606</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>312-506-0939</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>PEERLESS NETWORK LLC</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DE</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2005</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName></middleName>
                <lastName>Barnicle</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName></middleName>
                <lastName>Brewer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W. Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anthony</firstName>
                <middleName></middleName>
                <lastName>Hiller</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W. Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Scott</firstName>
                <middleName></middleName>
                <lastName>Kell</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W. Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <middleName></middleName>
                <lastName>Knight</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W. Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Douglass</firstName>
                <middleName></middleName>
                <lastName>Lee</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>225 W. Washington, Suite 1285</street1>
                <street2></street2>
                <city>Chicago</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60606</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Lynn</firstName>
                <middleName></middleName>
                <lastName>Refer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>777 N. Park Boulevard</street1>
                <street2></street2>
                <city>Glen Ellyn</city>
                <stateOrCountry>IL</stateOrCountry>
                <zipCode>60137</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Telecommunications</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-04-28</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>Conversion of Peerless Network, LLC into Peerless Network, Inc.</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>Conversion of Peerless Network, LLC into Peerless Network, Inc.
Membership Interest in the LLC was converted into equity of the Corporation on a one-to-one basis.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>51</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PEERLESS NETWORK INC.</issuerName>
                <signatureName>Douglass Lee</signatureName>
                <nameOfSigner>Douglass Lee</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2009-05-08</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----