News for the Hospitality Executive
PAR Springer-Miller Announces PABP Validation
NEW HARTFORD, N.Y. – JULY 2, 2008 – PAR Springer-Miller Systems, Inc. (PSMS) --- a wholly owned subsidiary of PAR Technology Corporation (NYSE:PTC) and the leading provider of guest-centric hospitality management systems – is pleased to announce that Visa® USA has confirmed the upcoming SMS|Host® Hospitality Management Solution release as validated with its latest Payment Application Best Practices (PABP).
“Keeping financial data secure and private is a top priority in today’s business climate,” said John Springer-Miller, CEO of PAR Springer-Miller. “This is just another way PAR Springer-Miller is helping its customers in terms of innovation and accreditation within the fast-moving hospitality technology industry.”
Visa, in collaboration with MasterCard, has incorporated these Card Information Security Program (CISP) standards into an industry-wide approach known as the Payment Card Industry (PCI) Data Security Standard. The standard applies to credit card merchants, service providers and payment applications.
“We rely on our SMS|Host system to keep transactions running smoothly and securely for our employees and, most importantly, our guests,” said Carol Beggs, Vice President, Technology of Sonesta International Hotels Corporation. “This validation not only helps us meet mandated requirements, but also allows us to provide our customers a level of data safety that is a key factor in building strong guest relationships.”
To meet Visa’s new validation guidelines, PAR Springer-Miller employed an independent, Visa-qualified security assessor to perform a thorough inspection of SMS|Host’s payment processing environment. The audit included an intensive review of the process by which sensitive information is classified, accessed and stored, an analysis of network and system architecture, a complete assessment of IT policies and procedures, documentation and employee interviews.
PAR Springer-Miller’s SMS|Host is one of only a very small number of property management systems to receive PABP validation.
About PAR Springer-Miller Systems
PAR Springer-Miller Systems is a leading provider of hospitality management solutions that meet the technology needs of all types of hospitality enterprises including city-center hotels, destination spa and golf properties, timeshare properties and casino resorts worldwide, setting the pace as a pioneer in the hospitality industry. SMS|Host Hospitality Management System is distinguished from other property management systems with its truly integrated design and unique approach to guest service. The SMS|Host product suite, including more than 20 seamlessly integrated, guest-centric application modules, provides hotel/resort staff with the tools they need to personalize service, exceed guest expectations and increase revenue. For more information on PAR Springer-Miller Systems, visit our Web site at www.springermiller.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 almost 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 45,000 installations in 105 countries worldwide. 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.