Company Description (as filed with the SEC)
PAR Technology Corporation (PAR or the Company) has operations in two distinct business segments: Hospitality and Government. PAR's Hospitality business, representing approximately 64% of consolidated revenue for 2012, provides technology solutions, including hardware, software and a range of support services, to businesses and organizations in the global hospitality industries. The Company continues to be a leading provider of hospitality management technology systems to restaurants (the Quick Service, Fast Casual and Table Service categories make up our Restaurant business, which is conducted through the Company's ParTech, Inc., subsidiary) with over 50,000 systems installed in over 110 countries. The Company's PAR Springer-Miller Systems, Inc. (PSMS) subsidiary provides guest-centric property management solutions to hotels, resorts, spas, casinos, and other hospitality properties worldwide. ... More ...