PAR Technology Receives 2011 Technology Award from SUBWAY®

SUBWAY® Franchisees Have Deployed More Than 6,000 PAR POS Terminals in the Past Two Years

New Hartford, NY – September 7, 2011 – PAR Technology Corporation’s largest wholly owned subsidiary, ParTech, Inc. (PAR) today announced that that it has been recognized by SUBWAY® restaurants and the Independent Purchasing Cooperative (IPC) with the organizations’ annual Technology Vendor of the Year award. The SUBWAY® Technology Award was presented to PAR for its instrumental role in assisting SUBWAY® World Headquarters and IPC in the development of new technology to assist SUBWAY® franchisees grow profits through increased efficiencies in their business operations.

“PAR’s consistent delivery of exceptional performance and value for our franchisees has earned it the honor of the 2011 SUBWAY® Technology Vendor of the Year Award,” said Marina O’Rourke, Director of Retail Technology, SUBWAY®.  “PAR steps up to the plate and continues to exceed our expectations. The whole technology program with PAR has been a ‘home run’ in terms of overall processes, product quality and service delivery.”

“PAR continues to effectively respond to the needs of SUBWAY® franchisees and drive operational excellence day in and day out,” said Brian Wheeler, Director of Services, IPC. “PAR deserves this special recognition based on the value it contributes from a technology perspective (POS hardware and services) to help franchisees increase their sales and profits.  We continue to be impressed by PAR’s relentless dedication to the success of each and every SUBWAY® franchisee they work with.”

“PAR is honored to receive the 2011 Technology Vendor of the Year Award from the world’s largest  restaurant organization,” said Paul Domorski, Chairman & CEO of PAR Technology Corporation. “The point of sale (POS) is mission critical to the success of SUBWAY® franchisees – especially those stores that rely on a single terminal to operate their business. We are committed to delivering outstanding quality products and excellent service that the franchisees depend on to improve their sales and profits.”

PAR has been a hardware supplier for SUBWAY® POS since 2009 and has installed thousands of PAR POS terminals in the past two years.  The SUBWAY® POS solution includes PAR EverServ® 6000 POS terminals and all the required peripherals. PAR also provides SUBWAY® franchisees with optional on-site service and professional equipment installation for the SUBWAY® POS solution.

In 2010, PAR was named Rookie of the Year in the technology category by SUBWAY® in recognition of its exceptional performance in customer service, continuous improvement, operational execution, and feedback from SUBWAY franchise owners during its first full year as a hardware supplier.

About SUBWAY® Restaurants

Headquartered in Milford, Connecticut, and with regional offices in Amsterdam, Beirut, Brisbane, Miami and Singapore, the SUBWAY® chain was co-founded by Fred DeLuca and Dr. Peter Buck in 1965. Their partnership, which continues today, marked the beginning of a remarkable journey – one that has made it possible for thousands of individuals to build and succeed in their own business. In the 2010 Zagat® Fast Food Survey, the SUBWAY® brand was ranked “number one” by consumers in the “Most Popular,” “Top Service” and “Healthy Options” categories for food brands with 5,000 or more locations. For more information about the SUBWAY® chain, visit www.SUBWAY®.com.  Find us on Facebook: Facebook.com/SUBWAY®. Follow us on Twitter: twitter.com/SUBWAY®freshbuzz. SUBWAY® is a registered trademark of Doctor’s Associates Inc.

About IPC

IPC is an independent SUBWAY franchisee-owned and operated purchasing cooperative. IPC negotiates the lowest costs for purchased goods and services, while improving quality, enhancing competitiveness and ensuring the best value to SUBWAY® members and their customers.

About PAR Technology Corporation

PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR.  PAR’s Hospitality segment has been a leading provider of restaurant and retail technology for more than 30 years.  PAR offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains.  PAR Springer-Miller Systems, Inc. offers hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management.  PAR Springer-Miller Systems also provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment.  Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. Visit www.partech.com for more information.