Industry News | February 4, 2008

ParTech Named U.S. Tech Supplier of the Year

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McDonald's announced last week it has awarded the inaugural U.S. Technology Supplier of the Year Award to ParTech Incorporated, an international provider of Point-of-Sale technology and related products and services. ParTech is a wholly owned subsidiary of PAR Technology Corporation (NYSE: PTC - News).

McDonald's unveiled the award at its recent U.S Technology Supplier Summit, an annual gathering of key U.S. McDonald's technology suppliers, held at its Oak Brook, Illinois, headquarters.

The McDonald's U.S. Technology Supplier of the Year Award will be presented annually to the technology product supplier that makes the most significant impact on, and contribution to, McDonald's USA. The award recognizes criteria including Impact on the McDonald's System, Innovation, Quality, Partnership, Customer Satisfaction and Value.

"PAR has consistently provided McDonald's with a superior level of technology innovation and ongoing support services," says David Grooms, vice president and chief information officer, McDonald's North America.

In presenting PAR with the award, Grooms praised the company for its wide range of significant contributions to McDonald's in 2007, from its day-to-day work in support of our restaurants to its innovative work in introducing new products and services to the system. "From the sales and support staff, to the manufacturing team, McDonald's appreciates PAR's contributions to our successes this year. We appreciate their energy and expertise and look forward to working with the Company in the future," adds Grooms. "PAR is very proud and excited to be the recipient of McDonald's inaugural Technology Supplier of the Year award," says Greg Cortese, CEO & president of ParTech, Inc. "PAR prides itself on providing McDonald's and all of our clients, high level restaurant technology products and services in facilitating the efficient operations of their hospitality businesses."