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TMCNet:  PAR Technology Awarded $16.1 Million U.S. Navy Contract Award in Pt. Mugu, CA

[November 28, 2012]

PAR Technology Awarded $16.1 Million U.S. Navy Contract Award in Pt. Mugu, CA

NEW HARTFORD, N.Y. --(Business Wire)--

PAR Technology Corporation (NYSE:PAR) announced today that the U.S. Navy awarded its subsidiary, Rome Research Corporation (RRC), a contract to provide satellite operations and maintenance services at the Naval Satellite Operations Center (NAVSOC) Headquarters located in Pt. Mugu, CA (News - Alert) and detachments at Schriever AFB, Colorado Springs, CO; Prospect Harbor, ME; and Finegayan, Guam. The value of the contract is $16.1 million, with a performance period of 3 years.

"We are pleased to be chosen to continue our unparalleled level of service for the U.S. Navy at the NAVSOC headquarters and detachment locations. Our efforts in operations, management and ground system maintenance of the Navy communications satellite constellations provide vital service for Navy and DoD worldwide communication links through reliable, uninterrupted service to the joint warfighter," commented Steve Lynch, President of PAR's Government Operations. "We are committed to delivering to the Navy a cost effective solution with unsurpassed quality, value and customer satisfaction."

RRC provides telemetry, tracking and control serices on FLTSAT, UFO, POLAR EHF and MUOS satellite constellations to ensure 24/7/365 mission capability.

ABOUT RRC

Rome Research Corporation, headquartered in Rome, New York, is a telecommunications and information technology services company that provides on-site support to the U.S. Department of Defense and other federal government agencies. RRC has 40 years of experience, with operations at 25 locations worldwide. For more information, visit www.romeresearch.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. PAR's Hospitality business also markets hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. In addition, PAR provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR also provides technology solutions to the Department of Defense and other federal agencies to address evolving intelligence, surveillance, and reconnaissance needs, as well as being a leading provider of military communications support services.

Visit www.partech.com for more information.


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