| Stowe, VT —
April 13, 2011 — PAR
Springer-Miller Systems, Inc. (PSMS) --- a wholly owned subsidiary of
PAR
Technology Corporation (NYSE:PAR) and the leading provider of
guest-centric
hospitality management systems – demonstrated its continued support for
Hotel
Technology Next Generation (HTNG) by becoming a Benefactor-level member
of the
organization. HTNG is a global trade association that fosters, through
collaboration and partnership among hoteliers and technology providers,
the
development of next generation systems. A strong supporter of HTNG since its inception in 2003, PAR Springer-Miller remains an active participant in a number of HTNG Workgroups and incorporates the HTNG standards in a variety of their products and services. As a Benefactor member of the organization, executives from PAR Springer-Miller recently conducted a three-hour dialogue with the HTNG Board of Directors at the 2011 North American Member’s Meeting in San Diego, California. During this session, PAR Springer-Miller listened carefully to the comments, observations, and suggestions voiced by the board members and previewed their ATRIO™ hospitality technology platform. The executives from PAR Springer-Miller presented their vision for hospitality technology that incorporated contemporary technologies, true cloud-computing, an enterprise service bus, and a highly innovative user experience. “HTNG’s initiatives align extremely well with our vision for integration, feature velocity, and purpose-built cloud-based applications in the hospitality technology market,” commented Larry Hall, President & CEO of PAR Springer-Miller. “Our Benefactor-level membership demonstrates our commitment to the organization and support for the essential contribution HTNG makes to the global hospitality industry. We appreciated the opportunity to learn from the HTNG board and share our vision of the future.” About Hotel Technology Next Generation The premier technology solutions association in the hospitality industry, HTNG is a self-funded, non-profit organization with members from hotel and hospitality companies, technology vendors to hospitality, and other industry members including consultants, media, and academic experts. HTNG’s members participate in focused workgroups to bring to market open solution sets addressing specific business problems. HTNG fosters the selection and adoption of existing open standards. Where necessary, it also develops new open standards to meet the needs of the global hospitality industry. Membership in HTNG is open to hotel and hospitality companies, technology vendors to hospitality, consultants, academics, press and others. Currently, more than 400 corporate and individual members from across this spectrum, including most of the world’s leading hotel companies and technology vendors, are active HTNG participants. HTNG's hotelier members represent more than 4.3 millions guest rooms worldwide. Workgroup proceedings, drafts, and specifications are published for all HTNG members as soon as they are created, encouraging rapid and broad adoption. Specifications are released to the public domain as they are ratified by the workgroup. For more information, visit www.htng.org. About PAR Springer-Miller Systems  PAR Springer-Miller Systems,
Inc. 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. The 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
how PAR
Springer-Miller Systems sets the pace in the hospitality industry,
visit our
website 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 over 30 years. Today the Company's extensive offerings include 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 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 PAR. For more information visit the Company's website at www.partech.com.
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