PAR Par Technology Corp.

PAR Technology Subsidiary Announces New $5.0 Million Contract with Air Force Research Laboratory in Rome, New York

PAR Government Systems Corporation, a wholly-owned subsidiary of PAR Technology Corporation (NYSE:PAR), today announced an award of a $5.0 million research and development contract with the U.S. Air Force.

Under the three-year Air Force Research Laboratory (AFRL) Information Directorate contract, “Special Tactics Tactical Assault Kit (ST-TAK)”, PAR Government will develop and deploy innovative geospatial situational awareness solutions on mobile devices to effectively manage information used for military operations to include secure connectivity for data dissemination. The contract work will be performed by PAR Government’s Intelligence, Surveillance and Reconnaissance (ISR) Sector.

“We are pleased that AFRL has selected PAR Government to support the ST-TAK program. PAR Government will leverage our extensive experience in mobile device computing along with geospatial expertise to provide the Air Force with a world class innovative solution,” commented Matt Cicchinelli, President of PAR Government.

ABOUT PAR GOVERNMENT SYSTEMS CORPORATION

PAR Government, headquartered in Rome, New York, provides Intelligence, Surveillance and Reconnaissance solutions to US Department of Defense, US Government agencies, and private industry. During 40 years of service, PAR Government has earned the reputation for developing high quality products ranging from theoretical and experimental studies to operational capability. For more information, visit www.pargovernment.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. 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 @PAR_Tech.

EN
14/09/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Par Technology Corp.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Par Technology Corp: 1 director

A director at Par Technology Corp sold 4,500 shares at 42.040USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch