ORBCOMM To Acquire PAR Technology Subsidiary, PAR Logistics Management Systems

 PAR Technology to Focus on Hospitality and Government

Strengthens ORBCOMM’s Market Leadership in Providing Transport Solutions and Ability to Deliver Advanced Products to a Broader Customer Base

Fort Lee, NJ; New Hartford, NY – December 28, 2011 – ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, and PAR Technology Corporation (NYSE: PAR), a leading provider of hospitality technology and services, today announced that they have entered into a definitive agreement under which ORBCOMM will acquire the assets of PAR’s subsidiary, PAR Logistics Management Systems (PAR LMS). PAR LMS is a leading provider of advanced solutions for monitoring transport assets and cargo in the transportation and distribution industries.

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