Recent News
Feb. 03, 2010
Golden State Foods Selects PAR Technology Subsidiary's Monitoring and Tracking Solution for Food Distribution
Par’s solution provides real-time monitoring of food product temperature on a continual basis during the transit cycle. The monitoring will also provide immediate alerts to truck operators and shipping managers to any variances in the food products during transit. This capability now affords Golden State Foods instant visibility into all product temperatures throughout their distribution network and routes and sets the standard for cold chain temperature monitoring and control in the food distribution industry.read more >
Dec. 21, 2009
PAR Technology Subsidiary Announces $46 Million Air Force Contract
Rome Research Corporation (RRC), a wholly owned subsidiary of PAR Technology Corporation (NYSE:PTC - News), announced today that it has been awarded a $46.0 million contract for research and development, testing and evaluation expertise to operate the far field antenna test ranges, anechoic chambers, other laboratory facilities for the Air Force Research Laboratory Information Directorate and conduct exercises and training missions on Air Force fielded technologies in combat. Under the five-year contract, work will be performed at the Air Force Research Laboratory facilities located in Rome, Newport, and Stockbridge, NY, and other field locations. read more >
Nov. 11, 2009
PAR Technology Subsidiary Announces $43.1 Million Army Contract
Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE:PTC), was awarded a contract worth up to $43.1 million to provide operator level personnel to augment the 21st Signal Brigade supporting operations and maintenance of Army Global Information Grid (GIG) facilities within the continental United States. The performance period of the contract is 5 years. read more >
Oct. 26, 2009
PAR Technology Corporation Reports Q3 Results
“Our third-quarter results reflect the effects of the recession and rising unemployment rates across the globe. While some economic indicators have shown improvement, the confidence level of the hospitality market continues to reflect the uncertainty of the current business environment. Simultaneously, certain customer accounts continue to have difficulty in obtaining access to capital,” commented John W. Sammon, Chairman and CEO of PAR Technology. read more >
Aug. 27, 2009
PARTECH, INC. Names Tim Votaw Senior Vice President of Sales and Marketing
ParTech, Inc., a company transforming the hospitality technology sector as a leading provider of software and hardware solutions to restaurants, today announced that Tim Votaw has been named Senior Vice President of Sales and Marketing. read more >
August 25 2009
The Mayo Selects PAR Springer-Miller’s
SMS|Host® Hospitality Management System
PAR Springer-Miller Systems, Inc. (PSMS) --- a wholly owned subsidiary of PAR Technology Corporation (NYSE:PTC) and the leading provider of guest-centric hospitality management systems --- today announced that The Mayo Hotel and Residences of Tulsa, Oklahoma has chosen to install PAR’s SMS|Host Hospitality Management System.
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August 18 2009
PAR Technology Subsidiary Announces $23.2 Million U.S. ARMY Contract Award
Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE: PTC), received an award from the U.S. Army for a contract valued at $23.2 million to provide SATCOM Operations & Maintenance Services at the U.S. Army’s Global Information Grid facility at Landstuhl,Germany. The contract performance covers a 6 month base period with four one-year option periods. RRC has been operating and maintaining teleport commercial and military satellite terminals for the Army at Landstuhl, Germany for nearly five years under a separate contract.
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August 13 2009
Former Yum! Executive To Lead PAR’s Relationship with World’s Largest Restaurant Company
ParTech, Inc., a company transforming the hospitality technology sector as a leading provider of software and hardware solutions to restaurants, hotels, spas and retail industries, today announced that Tim Vainer has joined the company as managing director in charge of the Yum! Brands, Inc. account. The Yum! organization encompasses the world’s leading restaurant brands including KFC, Pizza Hut, Taco Bell, Long John Silver's and A&W.
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August 06 2009
PAR TECHNOLOGY SUBSIDIARY ANNOUNCES $ 2.9 MILLION
U.S. AIR FORCE SUBCONTRACT AWARD
Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE:PTC - News), was awarded a $2.9 million subcontract to provide information technology core services to support Air Force Research Laboratory (AFRL) Rome Research Site. NCI, Inc. is the awarding prime contractor. The support includes help desk, network infrastructure, application development, testing and integration. The performance period of the contract is one year.
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July 30 2009
Sulwhasoo Selects SpaSoft® for its New Spa in Hong Kong
Leading Korean skincare brand Sulwhasoo has chosen Hong Kong as the launch pad for its first flagship concept spa. The spa’s concept combines ancient royal Korean beauty and health rituals that aim to bring out inner beauty by balancing body and mind. The spa uses Sulwhasoo’s premium skincare products which are matched with a unique use of tools such as jade, amber and white porcelain to produce tangible, lasting results that reveal the best in women’s inner beauty.
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July 27 2009
PAR Technology Corporation Reports Second Quater Results
John W. Sammon, PAR Chairman & CEO commented, “Overall, we experienced steady performance in this difficult economic environment. A few sectors of our business struggled while the remaining filled in to achieve our results. We believe the steps taken over the last year across all our business lines have enabled us to put the Company on solid footing allowing future growth as the economy recovers.”
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May 01 2009
PAR Technology Corporation Reports First Quater Results
John W. Sammon, PAR Chairman and CEO commented, “Despite the overall economic decline and difficulties in the hospitality market, we continued to improve our profitability and strengthen our financial position in this year's first quarter. We believe the Company is now well-positioned for an economic recovery with our multi-faceted business model and a strengthened balance sheet. We remain focused on providing superior customer service, which differentiates PAR in the market..."
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April 02 2009
PAR Springer-Miller Powers Web Reservations with New Integrated Module
Websites play a critical role in revenue generation as today’s travelers increasingly book leisure and business travel online. SMS|World XA, the next generation of online booking engine from PAR Springer-Miller Systems, integrates fully with the SMS|Host Hospitality Management System and provides an attractive, dynamic web booking engine that converts website visitors to guests.
read more >
March 31 2009
SUBWAY® Restaurants Selects PARTECH Inc. To Provide In Store Technology And Services
After a thorough evaluation period, the SUBWAY® chain selected PAR’s EverServ™ POS
hardware solution for their next generation in-store hardware platform over several other vendors. PAR’s design combines flexibility, scalability, and durability in a smart compact point-of-sale
terminal.
read more >
March 12 2009
SpaSoft® Spa Management Software Expands Internationally
One&Only Cape Town is the newest addition to the Kerzner luxury brand. When the spa property opens in April 2009, it will become the sixth Kerzner International property to install the SpaSoft Spa Management solution.
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February 26 2009
Bardessono Selects PAR Springer-Miller’s SMS|Host® Hospitality Management System,
Arriving Bardessono guests are greeted under the porte cochère by a hostess with a handheld tablet pc running a full version of the SMS|Host front office system via Citrix. Bardessono has chosen to forego the traditional front desk and lobby. read more >
February 12 2009
PAR Technology Corporation Reports 4th Quarter Results,
For the fourth quarter ended December 31, 2008, PAR Technology Corporation reported revenues of $65.4 million compared to $60.2 million in the fourth quarter 2007, an increase of 8.6%. Net income in the period was $1.5 million versus the $483,000 earned in the fourth quarter one year ago. read more >
February 4 2009
ParTech, Inc., today launched its new sixth-generation POS hardware platform, PAR EverServ™ Series 6000 POS, at FS/TEC 2009 in Orlando, FL. ParTech, a company transforming the hospitality technology sector, is a leading provider of software and hardware solutions to restaurants, hotels, spas and retail industries. .. read more >
January 28 2009
A premier destination for golfers, hunters and outdoor enthusiasts, Primland chose PAR Springer-Miller’s SMS|Host Hospitality Management System to enhance guest service throughout its resort. Primland, known for its acclaimed Highland Golf Course as well .. read more >
January 22 2009
Par Logistics Management Systems (Par LMS) today announced that Hapag-Lloyd AG, a large German based shipping line, will equip their entire North American Fleet of powered generator sets with Par’s GT 200 GPS Genset Tracking system. read more >
January 14 2009
PAR's Logistics Management Systems announces Selection by C.R. England
PAR Logistics Management Systems (PAR LMS), a wholly owned subsidiary of PAR Technology Corporation (NYSE: PTC), announced today that it has been selected by C.R. England, the nation’s largest refrigerated trucking company, to deploy PAR’s RT-200 monitoring system on the Utah-based company’s more than 5000 refrigerated Trailers.
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January 13 2009
ParTech, Inc., a subsidiary of PAR Technology Corporation (NYSE: PTC), today announced that it has been selected as the complete technology provider for Pamax Management Inc., a 30 store Burger King franchisee based in Tulsa, OK, read more >
January 6 2009
PAR Technology Corporation announced today the appointment of A. Edwin Soladay as President of ParTech, Inc., the Company’s largest wholly owned subsidiary and a leading provider of I/T solutions to the hospitality industry. read more >
