PAR Technology Subsidiary Announces $43.1 Million Army Contract Award

NEW HARTFORD, N.Y.--(BUSINESS WIRE)--Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE:PTC), was awarded a contract worth up to $43.1 million to provide operator level personnel to augment the 21st Signal Brigade supporting operations and maintenance of Army Global Information Grid (GIG) facilities within the continental United States. The performance period of the contract is 5 years.

The Army GIG facilities which include Camp Roberts, CA; Fort Belvoir, VA; Fort Bragg, NC; Fort Detrick, MD; Fort Meade, MD; and two remote sites contain combinations of Defense Satellite Communications System and Wideband Global Satellite X-band satellite earth terminals with all associated baseband equipment, and Technical Control Facilities.

Steve Lynch, President of PAR’s Government Operations commented, “The award of this contract reinforces the Army’s confidence in RRC, as well as our team’s ability to perform this critical function. RRC is proud to continue their support to the 21st Signal Brigade providing exceptionally qualified personnel to augment this critical mission within the continental United States, thereby providing the Army the flexibility to deploy their uniformed resources in other more critical functions in support of the Global War on Terror.”

About RRC

Rome Research Corporation, headquartered in Rome, New York, is a growing Information Technology and communication services company that has provided support to the U.S. Department of Defense for over 35 years. The Company has 650 employees in more than 25 offices throughout the United States and worldwide. Rome Research is considered a leading provider of communications I/T support services to the United States Department of Defense. For more information, visit www.romeresearch.com.

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 over 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 technical services to the Department of Defense and Federal Government Agencies. 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.