About ParTech, Inc.
ParTech, Inc. (PAR) has been a leading provider of restaurant and retail technology for more than 30 years. We offer technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international QSR chains. PAR’s technology can also be found in major retailers, cinemas, cruise lines, stadiums and food service companies. ParTech, Inc. is the largest subsidiary of PAR Technology Corporation (NYSE: PTC), an ISO-certified company with 1,600 employees spanning six continents.
PAR is redefining the point of sale (POS) to bring technological innovation to all corners of the enterprise. We have expanded our product line to include innovative solutions for back office, operational reporting, wireless ordering and payment and food safety. Our software is complemented by retail hardened hardware deployable in multiple form factors and is backed by PAR’s international managed and professional services infrastructure.
Boundless Hospitality™
There is a tremendous shift underway in consumer spending and dining habits that require operators in the hospitality industry to respond to these changes with an enhanced level of nimbleness and agility. We see broad revenue and profit growth possibilities for those operators willing to recognize that the standard rules have changed – and that a new business strategy combined with the latest supporting technology will be at the heart of staying ahead of these changes.
We call this IT-led market vision Boundless Hospitality™. The PAR Boundless Hospitality vision drives the development of game-changing solutions, and is supported by a partner ecosystem that accelerates innovation more quickly than possible for any single company working independently. Boundless Hospitality represents the full breadth and depth of PAR’s industry knowledge, strategic insight, and product development strategy. It also embeds the leadership thinking of many of our successful customers and partners.
Customers
PAR is the world’s largest supplier of point-of-sale systems to the quick service restaurant market with point-of-sale (POS) systems in more than 50,000 restaurants in 110 countries. PAR is one of two approved vendors to sell POS systems to the McDonalds’ domestic network and has been approved to sell POS systems to all concepts within the Yum! Organization (Taco Bell, KFC, Pizza Hut, A&W and Long John Silver).
Some of our other customers include: Burger King, CKE (Carl’s Jr. and Hardee’s), Subway, Legal Seafood, Catalina Restaurant Group, American Airlines Center, Royal Caribbean Cruise Line, and many more.
Operations
ParTech, Inc. is headquartered in New Hartford, New York with additional division offices in Boca Raton, Florida and Toronto. The company’s customer support center is located in Boulder, Colorado. As PAR’s major customers have expanded, PAR has made investments to provide sales and support aligned with their international growth. Currently PAR International is divided into four regions—Europe-Africa, Asia-Pacific, Latin America and the Middle East—with each of the international regions led by a General Manager responsible for both sales and support.
History
PAR’s origins date back to 1968 when PAR Technology Corporation was founded as a high tech, government contracting firm. PAR’s founder, John W. Sammon, was determined to transfer the pattern analysis and recognition technology he and his colleagues developed to the commercial sector, and successfully embarked upon a mission to use his technology to develop the industry’s first stand alone POS terminal for McDonald’s Corporation in 1978.
