Industry News | May 16, 2001

Panera Bread Signs Purchase Contract With MICROS

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MICROS Systems, Inc. (Nasdaq: MCRS), a provider of information technology solutions for the hospitality industry, has signed an agreement with Panera, Inc. to purchase the MICROS 2400 Point-of-Sale (POS) system as well as the MICROS Manager's Workstation Plus product suite. This agreement is for 600 workstations to be installed in Panera Bread's new bakery-cafe locations.

The MICROS 2400 POS system is a reliable point-of-sale application designed with an intuitive user interface. The 2400 has a flexible design which allows for many different store configurations, display options and expandability. This system can be used as a standalone system or in conjunction with the full-featured back-office system, Manager's Workstation Plus. This Windows-based solution provides operational information such as sales, inventory/food cost, and labor management controls and can be provided to several different locations including in-store, regional management, or corporate headquarters.

Bill Moreton, CFO of Panera, Inc., stated, "Panera Bread has been using MICROS' systems and products for more than four years, and we are pleased to be continuing and expanding this positive relationship. As the 2400 POS and Manager's Workstation Plus fit our needs for both corporate and franchise operations, we are making a commitment to MICROS' technology, service and support.''

Tony Allman, vice president of sales—North America for MICROS, said, "Panera Bread joins a growing list of national restaurant/retail operations that count on MICROS Systems for innovative, dependable software and hardware solutions. With nearly 300 Panera Bread sites installed in 29 states, we've developed an in-depth understanding of their needs and management goals. We can now utilize that knowledge to assist them in the opening and ongoing operations during their aggressive growth period. ''