PAR TECHNOLOGY SUBSIDIARY ANNOUNCES $3.0M CONTRACT WITH AIR FORCE RESEARCH LABORATORY IN ROME, NEW YORK

NEW HARTFORD, NY — September 8, 2016 — PAR Government Systems Corporation, a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced the awarding of a $3.0M research and development contract with the U.S. Air Force.

Under this three-and-a-half-year Air Force Research Laboratory (AFRL) Information Directorate contract involving “Innovative Multi-Mission Agile Radio Frequency Capability (iMARC)”, PAR Government will provide affordable technologies for multi-mission waveforms, assured wireless communications systems, network connectivity, and wireless cyber-security to facilitate the Joint Aerial Layer Network (JALN) implementation strategies from permissive to highly contested domains.

The iMARC project will provide an affordable, rapid waveform development ecosystem of advanced multi-mission Software Defined Radio frequency (SDRF) hardware, software, waveform library components, and tools for rapidly prototyping and demonstrating new waveform capabilities and advanced techniques. The contract work will be performed by PAR Government’s Intelligence, Surveillance and Reconnaissance (ISR) Sector.

“We are pleased that AFRL has selected PAR Government to support the iMARC program,” commented Matt Cicchinelli, President of PAR Government. “Under this effort, we will develop innovative information transmission and reception technologies that can enhance warfighting utility, survivability and mission assurance.”

ABOUT PAR GOVERNMENT SYSTEMS CORPORATION

PAR Government, headquartered in Rome, New York, provides Intelligence, Surveillance and Reconnaissance solutions to US Department of Defense, US Government agencies, and private industry. During 40 years of service, PAR Government has earned the reputation for developing high quality products ranging from theoretical and experimental studies to operational capability. For more information, visit www.pargovernment.com.

ABOUT PAR TECHNOLOGY

PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. PAR’s Hospitality segment has been a leading provider of restaurant and retail technology for more than 30 years. PAR offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. 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. For more information visit http://www.partech.com or connect with us on Facebook and @PAR_Tech.