PAR TECHNOLOGY SUBSIDIARY ANNOUNCES $15.9 MILLION SUBCONTRACT AWARD

New Hartford, NY—June 4, 2019—PAR Technology Corporation (NYSE:PAR) today announced that BAE Systems, Inc., has awarded PAR subsidiary, Rome Research Corporation (RRC), a subcontract for the Operation and Maintenance of Multiple Communications Facilities Operating Under Naval Computer and Telecommunications Area Master Station Pacific (NCTAMS PAC) Program.  The contract calls for RRC to provide critical Command, Control, Telecommunications, Computers, and Intelligence (C4I) and Strategic Communications throughout the Pacific theater and Indian Ocean for the Department of Defense (DoD), Missile Defense Agency, Homeland Security and allies throughout the Pacific theater and Indian Ocean.   The total value of the subcontract is $15.9 million, with a performance period of up to 60 months.

“We are pleased that BAE Systems selected Rome Research Corporation to support the NCTAMS PAC Program.  RRC has a long history of integrating, managing, and controlling a variety of communication interfaces between the Defense Information System Network terrestrial and tactical satellite communication assets and continues to provide critical support to numerous DoD operating locations around the world,” commented Matt Cicchinelli, President of PAR’s Government Business.

ABOUT PAR TECHNOLOGY CORPORATION

PAR Technology Corporation (PAR) through its Government segment provides intelligence, surveillance, and reconnaissance (“ISR”) solutions and mission systems support to the Department of Defense and other Federal agencies.   PAR is also a leading global provider of software, systems, and service to the restaurant and retail industries, 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 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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