PAR Technology

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PAR Technology Inc. was founded in 1968 in New Hartford, New York, as a high tech, government contracting firm. PAR Technology Inc. was founded by John W. Sammon. Ten years later, PAR utilized government funded research and development initiatives and applied them to the commercial sector as viable products with real business applications. PAR then used this transferred technology to develop a stand-alone POS terminal for McDonald's Corporation, which was installed in four test McDonald's restaurants in 1978. After a successful test run, McDonald's named PAR Technology Inc. their official vendor on October 15, 1980. As of 2017, McDonald's remains one of PAR's customers.

Video PAR Technology

ISO certification

In 1995, PAR was first registered to the ISO 9000 Quality Management Systems standard, and they currently are registered to the ISO9001:2008 standard.

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NYSE

PAR Technology Inc. is publicly traded as PAR on the New York Stock Exchange.

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Partnerships and certifications

• Intel Technology Partner
• Microsoft Embedded Partner
• QSR Automations Alliance Partner
• APG Cash Drawer Alliance Partner

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Acquisitions and divestments

• Acquired PixelPoint Technologies Inc. in October 2005
• Acquired SIVA Corporation in November 2006
• Acquired Brink Software in September 2014
• Divested Springer-Miller Systems, Inc. in November 2015

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Revenue

Revenue / EPS summary powered by EDGAR(r)Online

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Patents

• Hand held terminal with input keyboard and LCD display touch screen - Patent US D348654 S
• Point of sale monitor - Patent US D625355 S1
• Handheld temperature monitoring device - Patent US D689381 S1
• Point of sale terminal - Patent US D707288 S1
• Point of sale display - Patent US D689921 S1
• Temperature monitoring device for workflow monitoring system - Patent US 9304045 B2

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Customers

• Bibibop Asian Grill
• CAVA
• Chick-Fil-A
• Coffee Bean & Tea Leaf
• Five Guys
• Giardino Gourmet Salads
• Graeter's Ice Cream
• Hardee's and Carl's Jr
• MOD Pizza
• Panchero's Mexican Grill
• Showmars® Hospitality Group
• Sonny's BBQ
• Subway
• Tom +Chee®

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References

Source of the article : Wikipedia