FOR RELEASE: New Hartford, NY, Oct-25-2006
Contact: Christopher R. Byrnes (315) 738 - 0600 ext. 226
CKE Restaurants, Inc. Selects PAR to Provide all Service Requirements at their Corporate Restaurants
NEW HARTFORD, NY, PAR TECHNOLOGY CORPORATION (NYSE:PTC)
New Hartford, NY ---October 25, 2006 — ParTech, Inc., a wholly owned subsidiary of PAR Technology Corporation (NYSE: PTC) today announced that CKE Restaurants, Inc. has selected PAR as their service provider for their domestic, company-owned corporate restaurants. Under the agreement, PAR will provide their industry leading field service to CKE’s 1,160 domestic, company-owned restaurants. CKE Restaurants, Inc., a leading restaurant chain with more than 3,100 restaurants systems wide, selected PAR to help meet its objectives of increasing in-store efficiency and therein overall customer service.
ParTech is the world's largest supplier of Point-of-Sale systems to the quick service restaurant market and has a dedicated hospitality service organization with more than 400 people focused upon quality service to our customers. ParTech’s field service capability is the distinguishing factor for service delivery to its client base that includes some of the largest restaurant enterprises in the US .
"Our goal is to serve our customers in a timely and accurate manner, maximize resources and understand the best technologies available in hospitality," said Al Townsend, director of technical services for CKE Restaurants, Inc. "PAR will help us manage our restaurant technology, and we anticipate achieving improved customer satisfaction through the realization of efficiencies and utilization of our current technology platforms."
“PAR is both a leader and innovator in hospitality technology, and recognizes the challenges that restaurants face in their competitive vertical markets,” said Jay Weber, Vice President of Customer Service at ParTech, Inc. “It's been exciting for PAR to work with CKE to ensure that they are utilizing every means possible to improve their returns on technology investments in their restaurants. We look forward to our ongoing partnership with CKE and together we will continue to apply innovative technology and service practices to the restaurant industry.
About CKE Restaurants, Inc.
Headquartered in Carpinteria, Calif., CKE Restaurants, Inc. (CKE), through its subsidiaries, franchisees and licensees, operates more than 3,100 restaurant locations in 43 states and 14 countries under the Carl’s Jr.?, Hardee’s?, and La Salsa Fresh Mexican Grill? restaurant brands. CKE is publicly traded on the New York Stock Exchange under the symbol “CKR.”
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.
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