PAR Technology Subsidiary Announces $13.8 Million Federal Agency Contract Award

NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) today announced that its wholly-owned subsidiary, Rome Research Corporation (RRC), has been awarded a five-year, $13.8 million contract from the Broadcasting Board of Governors (BBG), to provide Operations & Maintenance Support services at the Robert E. Kamosa Transmitting Station (REKTS) on Tinian and Saipan, in the Commonwealth of the Northern Mariana Islands. Under the five-year contract, the Company will transmit Voice of America, Radio Free Asia and other broadcasts, and maintain the REKTS equipment and facilities.

Commenting on the award, Matt Cicchinelli, President of PAR’s Government Business stated, “We are extremely pleased that BBG has selected RRC to continue these important telecommunication services. RRC’s success is only possible through the commitment and expertise of our dedicated employees and we look forward to our continued partnership providing BBG with the highest level of service and support.”

ABOUT BROADCASTING BOARD OF GOVERNORS

The Broadcasting Board of Governors (BBG) is a networked global media agency. The five media organizations that comprise the BBG complement and reinforce one another in a shared mission vital to U.S. national interests: to inform, engage and connect people around the world in support of freedom and democracy. Together, the BBG media organizations communicate each week with more than 226 million people across the globe.

ABOUT PAR TECHNOLOGY CORPORATION

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 35 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. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR’s Government Business is a leader in providing computer-based system design, engineering and technical services to the Department of Defense and various federal agencies. For more information visit http://www.partech.com or connect with us on Facebook and Twitter.

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PAR Technology Corporation
Christopher R. Byrnes, 315-738-0600 ext. 6226
[email protected]
www.partech.com

Source: PAR Technology Corporation

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