CKE Restaurants, Inc. Selects ParTech's POS4Xp as Their Next Generation Point-of-sale Platform.Business Editors/High-Tech Writers NEW HARTFORD, N.Y.--(BUSINESS WIRE)--Jan. 7, 2003 Performance, Flexibility and Completeness of PAR's Offering Cited as Key Differentiators ParTech, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of PAR Technology Corporation (NYSE NYSE See: New York Stock Exchange :PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. ), and the leading provider of enterprise business intelligence solutions to the quick service restaurant industry, today announced that CKE CKE Clock Enable (memory signal) CKE Carl Karcher Enterprises, Inc. (restaurant chain) CKE Certified Kitchen Design Educator CKE Catia Knowledge Engineering CKE Content and Knowledge Engineering Restaurants, Inc., (NYSE:CKR CKR CKE Restaurants, Inc. (stock symbol) CKR Check Request CKR Common Key References ), has selected ParTech's POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale 4Xp(TM), as their point-of-sale (POS) terminal of choice. CKE Restaurants, Inc., through its subsidiaries, is the operator and franchiser of over 3,400 restaurants in the United States and internationally. The company plans to utilize PAR's platform as an administrative and operational decision support system for its restaurants, helping facilitate better business decisions in all areas of the organization. PAR's POS4Xp is a powerful POS hardware solution, that emphasizes a fully-open architecture design, is ODBC (Open DataBase Connectivity) A database programming interface from Microsoft that provides a common language for Windows applications to access databases on a network. compliant, and is Windows(R) and Linux compatible. POS4Xp features an ergonomic design and is the industry's most reliable platform ensuring reliable operation in the harsh restaurant environment. With the POS4Xp, restaurant organizations are guaranteed years of solid performance under the heaviest traffic conditions. "We easily justified our investment in PAR's technology against other restaurant management technologies; the performance and reliability delivered is superior," said Jeff Chasney, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at CKE Restaurants. "What we really value about PAR is their responsiveness to our needs, and the POS4Xp hardware platform is unbeatable in terms of performance." "PAR is proud to have been selected to meet the integration and operational needs of a world class restaurant organization like CKE. Their business philosophy is based on operational excellence and customer satisfaction" said Greg Cortese, ParTech CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. & President. "CKE's selection of PAR points to their commitment to continuously improve their business processes, overall customer service and the productivity and growth of its employees. We look forward to working with CKE to achieve these goals." ABOUT CKE, INC. CKE Restaurants, Inc. (NYSE: CKR) is a Santa Barbara, CA.-based company, which through its subsidiaries, franchisees and licensees, operates the Hardee's(R), Carl's Jr.(R), La Salsa Fresh Mexican Grill (R), Green Burrito(R) and Timber Lodge Steakhouse(R) restaurant chains. The CKE system includes more than 3,400 locations in 45 states and 15 foreign countries and an employee base of approximately 33,200. CKE Restaurants, Inc. (NYSE: CKR) is a Santa Barbara, CA.-based company, which through its subsidiaries, franchisees and licensees, operates the Hardee's(R), Carl's Jr.(R), La Salsa Fresh Mexican Grill (R), Green Burrito(R) and Timber Lodge Steakhouse(R) restaurant chains. The CKE system includes more than 3,400 locations in 45 states and 15 foreign countries and an employee base of approximately 33,200. ABOUT PAR TECHNOLOGY PAR Technology Corporation, a leading provider of professional services and enterprise business intelligence software. PAR develops, markets and supports hardware and software products that improve the ability of business professionals to make timely, fact-based business decisions. The Company is the world's largest supplier of Point-of-Sale systems to the quick service restaurant market with over 30,000 systems installed in over 95 countries. PAR has also been 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 New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol PTC. For additional information visit the Company's website at www.partech.com |
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