PAR Technology Corporation Announces Largest Contract in Company's History.Business & Technology Editors NEW HARTFORD, N.Y.--(BUSINESS WIRE)--Sept. 12, 2002 --Subsidiary Awarded $26.8 Million Navy I/T I/T Inner Tank Communications Support Contract-- The U.S. Navy Fleet and Industrial Supply Center (FISC fisc n. The treasury of a kingdom or state. [French, from Latin fiscus, money basket, treasury.] Noun 1. ) Norfolk, Washington Detachment recently awarded a $26.8 million contract to Rome Research Corporation (RRC RRC Radio Resource Control (3G) RRC Red River College (Canada) RRC Railroad Commission of Texas (Austin, TX) RRC Residency Review Committee (medical) ), a subsidiary 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. ). This is an information technology services contract supporting the Naval worldwide warfare network. The contract calls for RRC to provide information operations and information technology support of the Naval Computer and Telecommunication Network Facilities in Puerto Rico. This contract is the largest ever awarded to a PAR Technology Company. This award requires RRC to provide communications support services at several facilities in Puerto Rico, including the Navy Radio Transmitting Facilities at Isabela and Aguada, the Navy Radio Receiving Facility at Salinas, the Technical Control Facility and Fleet Center at Naval Station Roosevelt Roads, and Satellite Communications support for the Inter-American Naval Telecommunications Network (IANTN IANTN Inter-American Naval Telecommunications Network (formerly Inter-American Navy Teletypewriter Network) IANTN Inter-American Navy Teletypewriter Network (now Inter-American Naval Telecommunications Network) ) net control station, also located at Roosevelt Roads. These facilities play a critical role in the Defense Information Systems Agency (DISA 1. (body) DISA - Defense Information Systems Agency. 2. (standard) DISA - Data Interchange Standards Association. ) worldwide communication network. The IANTN, a unique feature of this contract, provides a reliable, secure and rapid means of communication exchange of information between the Naval forces of the Americas with the purpose of contributing to the development of combined activities during peacetime posture, and under emergency conditions. "This award is especially important in that our reputation for outstanding service has allowed Rome Research Corporation to unseat an incumbent, a major defense contractor. With this contract, Rome Research has expanded the number of Navy communications facilities operated on the east coast from two to seven facilities," commented Al Lane, RRC President. "We are excited to be given another opportunity to demonstrate our capabilities in support of a communications node of both regional and global importance." "We've enjoyed a long, mutually beneficial relationship with the Navy and the Department of Defense," said John Sammon, Chairman and 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. of PAR Technology Corporation. "This strategic win strengthens our position as a provider of I/T Services to the U.S. Navy and we look forward to deploying our expertise in that area to help all of the military branches operate their facilities in an efficient manner." ABOUT RRC Rome Research Corporation, headquartered in Rome, New York Rome is a city in Oneida County, New York, United States. The population was 34,950 at the 2000 census. It is in New York's 24th congressional district. The city is named after the Italian city of Rome. , is a growing Information Technology and communication services company that has provided support to the U.S. Department of Defense for over 25 years. The Company has more than 300 employees in 12 offices throughout the United States and Guam. The company is considered the leading provider of communications I/T support services to the United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. . For more information, visit www.romeresearch.com. 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. PAR has been a leader in providing computer based system design and engineering services to the Department of Defense and Federal Government Agencies. 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 also focuses on the design, development, manufacture, sales and support of EAI solutions to Fortune 500 manufacturing, retailing and distribution concerns. 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. |
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