PAR Technology Announces $5.2 Million U.S. Navy Contract Award

NEW HARTFORD, N.Y.—December 4, 2013 — PAR Technology Corporation (NYSE:PAR) today announced that the U.S. Navy has awarded its subsidiary, Rome Research Corporation (RRC), a five-year $5.2 million contract to provide 24/7/365 operation and maintenance support of the Naval Radio Transmitter Facility (NRTF) Aguada, Puerto Rico Low Frequency (LF) Fixed Submarine Broadcasting System (FSBS).  The FSBS provides strategic and tactical communications to U.S. and allied submarine forces in the Atlantic.  NRTF Aguada is a remote facility under command of the Naval Computer and Telecommunications Area Master Station Atlantic (NCTAMS LANT), Norfolk, VA.

“We are pleased that the U.S. Navy has selected RRC as its contractor to furnish operations and maintenance services providing reliable, uninterrupted FSBS communications to the warfighter,” commented Steve Lynch, President of PAR’s Government Operations.  “We are committed to support the Navy with cost-effective solutions while delivering unsurpassed quality, value and customer satisfaction.”

The Aguada site consists of an AN/FRT-95 series transmitter, a Top Hat Monopole 1,200-foot base insulated antenna, and associated hardware, equipment and facilities.  Contract support services include transmitter site operations and maintenance, antenna tower maintenance, facilities upkeep and grounds maintenance.

ABOUT PAR TECHNOLOGY

PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR.  PAR has two primary businesses, Hospitality Technology and Government Technical Solutions.  PAR’s Government Business has 40+ years of experience in providing solutions and products for the geospatial intelligence community and highly-specialized technical services to the Department of Defense and various federal agencies.  PAR’s Hospitality Technology business is a leading solution provider of systems for the Restaurant, Hotel and Spa industries.  PAR solutions support the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains.  PAR’s solutions also provide powerful tools for hotel and spa guest management, recreation management, and timeshare/condo management.  In addition, products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies.  Visit www.partech.com for more information.