PAR Technology Corporation Subsidiary Announces New $9.2 Million U.S. Navy Contract Award in Bahrain

New Hartford, NY—October 16, 2018— PAR Technology Corporation (NYSE:PAR) today announced that its subsidiary, Rome Research Corporation (RRC), has been awarded a prime contract to perform the operation, maintenance, upgrade and management of IT infrastructure for Commander, U.S. Naval Forces Central (COMUSNAVCENT)/U.S. 5th Fleet in Manama, Bahrain.  RRC will provide critical technical support for information systems to include system and network administration, cybersecurity, collaborative environments, web content development, and video teleconferencing support. Responsibilities include cybersecurity and information assurance compliance support for the Combined Enterprise Regional Information Exchange System (CENTRIXS) and Joint Worldwide Intelligence Communications System (JWICS).

The prime contract includes a base period of nine months, with up to 4 option years, and a total value of approximately $9.2 million.

Commenting on the award, Matt Cicchinelli, President of PAR’s Government Business, stated, “This award builds on and expands our partnership with the U.S. Navy with the opportunity to provide critical IT support and subject matter expertise to the NAVCENT mission.  PAR is well positioned for our further expansion into Southwest Asia support activities and we are eager to deliver superior customer satisfaction on this new contract.”

ABOUT PAR TECHNOLOGY CORPORATION

PAR Technology Corporation (PAR) is a leading global provider of software, systems, and service solutions to the restaurant and retail industries. Today, with 40 years of experience and point of sale systems in nearly 100,000 restaurants and more than 110 countries, PAR is redefining the point of sale through cloud software and bringing technological innovation to all corners of the enterprise. PAR’s Government business is a leader in providing computer-based system design, engineering and technical services to the Department of Defense and various federal agencies. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information, visit www.partech.com or connect with PAR on Facebook at www.facebook.com/parpointofsale or Twitter at www.twitter.com/Par_tech.

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