New Hartford, NY—January 17, 2011–PAR Technology Corporation announced today the unexpected death of Ed Soladay, President of ParTech, Inc., PAR’s largest wholly owned subsidiary.
The following statement was issued today by John W. Sammon, Chairman of the Board and CEO of PAR Technology Corporation.
“We are deeply saddened to report the death of Ed Soladay at his home in New Hartford, NY on January 14, 2011. Ed has been a valued member of our Company since 2009. Ed was a warm and cherished friend to all of us at PAR and he will be greatly missed. Our Board of Directors and employees join Ed’s many friends in celebrating his lifetime accomplishments and offering our sincere condolences to his family.”
Sammon went on to say, “Ed was the driving force in PAR’s Restaurant Business expansion strategy focused on “next generation” software and channel expansion. During his time at PAR Ed brought together a strong new management team with extensive experience and then led them by generating a winning attitude and a passion for success. Ed loved his job and inspired confidence in all of his team.”
Mr. Soladay joined ParTech, Inc. in January, 2009, bringing to PAR extensive experience in the operation of technology companies engaged in the creation, deployment and support of complex solutions comprised of enterprise software, hardware and services. In this role, he was responsible for expanding the Company’s restaurant technology business by growing capability in the U.S. and international markets.
He is survived by his Wife Carol, his son Ryan and daughter-in-law Allison of Dallas, TX, 4 grandchildren, his sister Barbara, several nieces and a nephew.
Mr. Soladay was a native of New Mexico and before moving to New Hartford, was a long-time resident in the Dallas, TX area.
A memorial mass for Mr. Soladay will take place on Wednesday, January 19, 2011 at 10:00 am at St. Mary of Mt. Carmel Church located on the corners of Jay and Catherine Streets in Utica, NY. Funeral arrangements have been entrusted to Bentz and Amodio Funeral Services, 470 French Road, Utica, NY.
Mr. Soladay was always a strong advocate of PAR’s involvement in the community and in particular its support of the United Way. It is in this spirit that his family has asked that contributions be made to United Way of the Valley in the Greater Utica area in honor of Ed through PAR Technology Corporation.
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world’s largest restaurant chains and their franchisees for almost 30 years. Today the Company’s extensive offering includes technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR’s global service network. The Company has over 50,000 installations in more than 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the Department of Defense and various Federal Agencies. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information visit the Company’s website at www.partech.com.