|
PixelPoint
News
Corner
Bakery Cafe®
Selects
PAR Technology’s PixelPoint Software
and Industry
Leading Hardware Platform
New Hartford, NY—February 16, 2006— CBC
Restaurant Corp., operator of Corner Bakery Cafe, today announced the
selection of ParTech, Inc.’s integrated hospitality management technology
solution for its restaurant operations; selecting PAR’s PixelPoint software
application suite and ViGo hardware terminals for their cafes. PAR will also
provide lifecycle support services for the technology systems in the
restaurants. ParTech, Inc., a wholly owned subsidiary of PAR Technology
Corporation, is a leader in technical hospitality solutions for hotels and
restaurants, and entertainment venues.
CBC Restaurant Corp., a wholly owned subsidiary of
Il Fornaio (America) Corporation, was recently formed in an acquisition
involving Bruckmann, Rosser, Sherrill, & Co., LLC. BRS & Co. is a New
York-based private equity firm with extensive experience in restaurant
acquisitions. BRS owns controlling interest in Il Fornaio, which operates 23
Italian dinner houses.
“We selected PAR for our next generation cafe
solution because of their reputation for hospitality technology excellence as
well as their ability to provide Corner Bakery Cafes with customized, timely
reporting and business intelligence tools necessary for our organization to
meet our strategic goals” Sean Maloney, CFO of CBC Restaurant Corp. said. “PAR
has the knowledge and experience we rely on from our technology provider. PAR
will implement and support the management technology solution which will allow
our organization to focus on serving our guests.”
“This is a significant win for our PixelPoint
software and ViGo hardware solutions. Once again PAR’s ability expertise in
delivering fully integrated technology solutions to national hospitality
restaurant companies has set PAR above the competition,” said Greg Cortese,
CEO & President of ParTech, Inc. “For CBC, they were looking for a solutions
company with hardware, software and services that provide Dine–In, Take–Out,
Catering, and Web-Ordering and the necessary professional services to ensure
success. PAR has the ability and expertise to deliver the total solution.”
Certain Company information in this release or by
its spokespersons from time to time may contain forward-looking statements.
Any statements in this document that do not describe historical facts are
forward-looking statements. Forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that all forward-looking statements involve
risks and uncertainties, including without limitation, delays in new product
introduction, risks in technology development and commercialization, risks in
product development and market acceptance of and demand for the Company’s
products, risks of downturns in economic conditions generally, and in the
quick service sector of the restaurant market specifically, risks of
intellectual property rights associated with competition and competitive
pricing pressures, risks associated with foreign sales and high customer
concentration, and other risks detailed in the Company’s filings with the
Securities and Exchange Commission.
ABOUT CORNER BAKERY CAFE®
Corner Bakery Cafe® is one of America’s leading quick-casual bakery
cafe restaurants, with 92 locations across eight states and the District of
Columbia. Founded in 1991 on the corner of Clark & Grand in Chicago, Corner
Bakery originally baked bread and served espresso for Maggiano’s Little Italy.
Beneath recognizable black and white awnings, Corner Bakery Cafe now serves
breakfast, lunch, dinner and everything in between. The catering menu at
Corner Bakery Cafe offers a wide variety of breakfast treats, fresh salads and
unique sandwich choices for any size meeting or social event. Corner Bakery
Cafe® is experiencing strong growth in Southern California where it
has launched its newest prototype, blending the neighborhood culture with
delicious flavors and a warm welcome delivered with unsurpassed quality! More
information can be found on the company’s website
www.cornerbakerycafe.com
ABOUT PAR TECHNOLOGY
PAR Technology Corporation
develops, markets and supports hardware and software products that improve the
ability of restaurant, hotels/resorts and retail 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 40,000 systems installed in over 100 countries. In addition PAR is 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 under the symbol
PTC. For additional information visit PAR’s website at
www.partech.com.
ABOUT PIXELPOINT
PAR PixelPoint was founded in 1992 with a
commitment to the development of reliable, flexible and easy-to-use POS
software. PAR PixelPoint has become an innovative leader, developing and
marketing POS, Web, Wireless and Enterprise software suites for the restaurant
industry. It currently ships software in multiple languages and to almost
every major economic center worldwide. For more information about products,
please visit
www.pixelpointpos.com.
###
Press Contact:
Christopher R. Byrnes
Director, Investor Relations
PAR Technology Corporation
315- 738-0600 ext. 226
cbyrnes@partech.com |