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Last updated on May 31, 2012 at 19:03 EDT

PAR Technology Subsidiary Announces $25.6 Million U.S. Navy Contract Award

January 17, 2008
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Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE:PTC), today announced the awarding of a U.S. Navy contract to operate and maintain communications facilities supporting the United States Naval Computer & Telecommunications Station Guam. Under the contract, RRC will provide around-the-clock technical services in support of Naval Radio Telecommunications Facility and U.S. Air Force Scope Command radio station in Barrigada, Guam, and the Satellite Communications Facility and Technical Control Facility in Finegayan, Guam. The contract, with all options, is valued at $25.6 million, and the performance period is four years.

“We are pleased that the Navy has selected Rome Research to support its critical command and control communications operations at Guam. Our cost effective approach and extensive knowledge in performing these services with highly experienced personnel were significant factors in the award decision,” commented Steve Lynch, President of PAR’s Government Operations. “We look forward to our continuing partnership with the Navy in support of its on-going communications mission.”

U.S. Naval Computer and Telecommunications Station Guam provides assured command and control, fleet communications, computer and base communication services (voice, data and video) to Navy, Joint, and Allied forces.

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 30 years. The Company has over 600 employees in more than 25 offices throughout the United States, the Pacific, Europe and the Caribbean. 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

PAR Technology Corporation is a leading provider of professional services and enterprise business intelligence software and hardware to the hospitality industry. PAR develops, markets and supports hardware and software products that improve the ability of hospitality business professionals to make timely, fact-based business decisions. The Company is a premier provider of I/T management solutions to hotel and restaurant companies, with over 45,000 installations worldwide in 105 countries. PAR is also a leader in providing computer-based system design and engineering 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.