PAR Technology Subsidiary Announces $23.5 Million U.S. Navy Contract Award in Chesapeake, Virginia

NEW HARTFORD, NY--()--PAR Technology Corporation (NYSE:PAR) today announced that its subsidiary, Rome Research Corporation (RRC), was awarded a five-year (one base plus four options) firm-fixed-price contract with a potential total value of $23.5 million. The U.S. Navy contract provides support to operate and maintain the Navy Satellite Communications Facility (NAVSATCOMMFAC) Northwest, located in Chesapeake Virginia and a component activity of the Naval Computer and Telecommunications Area Master Station Atlantic (NCTAMS LANT) Norfolk, Virginia. This contract represents continuing work for the Company.

NAVSATCOMMFAC Northwest is a premier information gateway supporting the Defense Information Systems Agency (DISA) Global Information Grid (GIG), and is one of seven Department of Defense Teleport facilities worldwide providing both satellite and terrestrial connectivity for voice, video, and data to ships, submarines, aircraft and ground forces operating worldwide in support of Naval and Joint Forces Missions. RRC, a leading provider of O&M Teleport services to the DoD, has operated the Northwest site since 2001.

“We are proud that the Navy has selected RRC to continue to support this important effort at NAVSATCOMMFAC Northwest. RRC’s success is only possible through the commitment and expertise of our dedicated employees. They are passionate about what they do in furthering the mission of our country’s service men and women,” commented Steve Lynch, RRC President.

Under the contract, RRC will provide 24/7/365 operation and maintenance of 27 satellite terminals operating in both the military and civilian satellite communication frequency bands. Specific program support includes the Defense Satellite Communications System (DSCS), Teleport Program Office (TPO), Mobile User Objective System (MUOS) and other voice, data and video programs. Specific frequency bands supported include the commercial C and Ku, military UHF, X, Ka and EHF spectrums.

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PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. PAR’s Government Business segment has 40+ years of experience in providing solutions and products for the geospatial intelligence community and highly-specialized technical services to the Department of Defense and various federal agencies. PAR’s Hospitality Business segment is a leading solution provider of systems for the Restaurant, Hotel and Spa industries. Visit www.partech.com for more information.

Contacts

PAR Technology Corporation
Christopher R. Byrnes, 315-738-0600 ext. 6226
cbyrnes@partech.com
www.partech.com

Contacts

PAR Technology Corporation
Christopher R. Byrnes, 315-738-0600 ext. 6226
cbyrnes@partech.com
www.partech.com