PAR Technology Corporation Reports First Quarter Results

New Hartford, NY – April 27, 2010 – PAR Technology Corporation (NYSE:PTC) today announced results from operations for the first quarter ended March 31, 2010. PAR reported first quarter revenues of $58.1 million, a 4% decline over the $60.5 million reported in the same period a year ago. Reported net income for the first quarter was $582,000, an increase of 136% when compared with net income of $247,000 in the first quarter of 2009. The Company reported diluted earnings per share of $0.04 for the first quarter of 2010, compared to diluted earnings per share of $0.02 for the first quarter of last year.

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