PAR Technology subsidiary awarded additional contract by U.S Navy; Navy exercises option for expanded I/T services in Guam.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. ) announced recently that 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. ) San Diego, as expected, has exercised a contract option with its government technical services subsidiary, 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) ), to provide I/T I/T Inner Tank services supporting the Navy's Fleet Center and Defense Message Center located in Dededo, Guam. As a result of this option exercise, RRC has increased its Guam workforce by over 40%. "The I/T services to be performed in Guam are similar to the type of work RRC is performing under our recently announced Guantanamo Bay contract with the Navy, except on a much larger scale. We are pleased the Navy has shown its confidence in our ability to perform this requirement by exercising the option Exercising the option The act of buying or selling the underlying asset via the option contract. for message system support in Guam," commented Al Lane, President of RRC. "This award and our other recently announced information technology contracts demonstrates that Rome Research is quickly achieving status as a preferred contractor for DoD communications support services." 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 nearly 30 years. With over 400 employees in 21 offices throughout the United States, Guam, Puerto Rico and Guantanamo Bay, Cuba, Rome Research is considered a leading provider of communications I/T support services to the United States Department of Defense. PAR Technology Corporation, a 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. |
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