PAR Technology Corporation (NYSE: PTC) announced today that it has changed the ticker symbol of its shares on the New York Stock Exchange from “PTC” to “PAR,” effective at the start of trading on Monday, January 3, 2011. In so doing, PAR aligns its ticker symbol with the name that is consistent with its industry recognition and reinforces the company’s 42-year brand.
Commenting on the new symbol, PAR Technology Chairman and CEO John W. Sammon said, “We are pleased to have obtained our new ticker symbol, “PAR”, one which reflects accurately the name of our organization, is more easily identifiable and is easier to remember. The investing public, PAR’s business partners and our customers know us as “PAR” and now that will be our ticker symbol as well.”
Shareholders and interested investors who would like to be added to PAR Technology Corporation’s corporate e-mail list are encouraged to send an e-mail to email@example.com for all future corporate press releases and industry updates.
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world’s largest restaurant chains and their franchisees for almost 30 years. Today the Company’s extensive offering includes technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR’s global service network. The Company has over 50,000 installations in 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the Department of Defense and various federal agencies. Through PAR Logistics Management Systems, the Company is a provider of best of breed integrated solutions for shipping asset management and tracking. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PTC. For more information visit the Company’s website at www.partech.com.