| NEW HARTFORD, NY � APRIL 16, 2007 � 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 The Villages of Loreto Bay
have selected PAR�s SMS|Host Hospitality Management System for their Mexican
seaside resort in Loreto, Baja California Sur.
Located along the Sea of Cortés in Baja California Sur, Mexico, The Villages of Loreto Bay comprise a $3 billion project which will be built over 12 to 15 years. Approximately 6,000 homes will be situated in pedestrian-oriented, car free neighborhoods. The project includes the 155 room Inn at Loreto Bay as well as a Beach Club and Spa, Golf Club and retail, entertainment and recreational facilities. With a goal of being a sustainable development, 5,000 acres of the total 8,000 acre site will be maintained as a natural �greenlands� preserve. �We recognized that PAR Springer-Miller had the fully-integrated hospitality system that will grow with us over our build-out period,� commented Rui Pereira, CIO of Loreto Bay Company. �SMS|Host Hospitality Management System and the SMS|Owner Fulfillment module presented the robust technology we will need to manage the projected 3000 vacation rental units.� �The Villages of Loreto Bay is a tremendous opportunity for us to showcase the scalability of our guest-centric software solution, �remarked John Springer-Miller, President and CEO of PAR Springer-Miller Systems. �We are eager to be a key partner in the growth of this destination resort.� In addition to the SMS|Host Front Office System, The Villages of Loreto Bay will utilize SMS|Multi-property Management to segment the hotel and the rental units. SMS|Spa/Resort Scheduling will be used for spa, tennis and dining room reservations. Retail outlets at the spa, tennis facility and golf course will utilize the SMS|POS Retail module. SMS|Touch Fine Dining will be used in four outlets initially. As the property expands, SMS|Touch, and the other SMS|Host modules, will easily accommodate the growth and addition of new outlets. Other modules to be installed include SMS|Baggage Handling and SMS|Membership Management. About PAR Springer-Miller Systems
About PAR Technology Corporation 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 40,000 installations worldwide in 100 countries. PAR is 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. |
