PAR Technology Corporation Announces 2012 Second Quarter Results

New Hartford, NY- August 1, 2012 — PAR Technology Corporation (NYSE: PAR) today announced results for the second quarter ended June 30, 2012.  PAR reported revenues of $62.1 million and net loss from continuing operations of $511,000 or $0.03 loss per diluted share.   For the second quarter of 2011, PAR reported revenue of $56.4 million and net loss from continuing operations of $17.5 million or $1.17 loss per diluted share.  On an adjusted, non-GAAP basis, excluding the impact of non-recurring charges incurred during the period and reflecting the reclassification of continuing operations, PAR recorded net income of $1.3 million or $0.09 per diluted share for the second quarter of 2011.

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