PAR Technology Announces $2.4 Million U.S. Navy Contract Award in Souda Bay, Greece
NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYS: PAR) today announced that the U.S. Navy awarded its subsidiary, Rome Research Corporation (RRC), a contract to provide telecommunications operations and maintenance services at the Global Information Grid (GIG) facility in Souda Bay on the island of Crete, Greece. The value of the contract is $2.4 million. RRC operates other communications facilities for the Navy in the United States and throughout the world.
"We are pleased that the Navy has selected Rome Research Corporation to support its communications mission at Naval Computer and Telecommunications Area Master Station Atlantic Detachment Souda Bay. The company's expertise and knowledge in operating telecommunications systems, as well as its cost effective approach, were key factors in the award decision," commented Steve Lynch, President of PAR's Government Operations. "We look forward to supporting the Navy's communications mission at Souda Bay."
The GIG is the global network of information capabilities, processes and personnel for collecting, processing, storing, disseminating and managing information on demand for use by military commanders, policy makers and support personnel. The GIG supports Department of Defense (DoD), national security and related intelligence community missions and functions (strategic, operational, tactical and business) in war and in peace. The GIG provides capabilities to operating locations that include bases, posts, camps, stations, facilities, mobile platforms and deployed sites. It also provides interfaces to coalition, allied and non-DoD users and systems.
Rome Research Corporation, headquartered in Rome, New York, is a telecommunications and information technology services company that provides on-site support to the U.S. Department of Defense and other federal government agencies. RRC has 40 years of experience, with operations at 25 locations worldwide. For more information, visit www.romeresearch.com.
ABOUT PAR TECHNOLOGY
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 30 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. PAR's Hospitality business also markets hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. In addition, PAR provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR also provides technology solutions to the Department of Defense and other federal agencies to address evolving intelligence, surveillance, and reconnaissance needs, as well as being a leading provider of military communications support services.
Visit www.partech.com for more information.
PAR Technology Corporation
Christopher R. Byrnes, 315-738-0600 ext. 6226
KEYWORDS: United States Europe North America Greece New York
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