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

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Press Contact:

Christopher R. Byrnes

Director, Investor Relations

PAR Technology Corporation

315- 738-0600 ext. 226

cbyrnes@partech.com


 

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