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PAR Stock - Par Technology Corp.


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PAR Technology Corporation, headquartered in New Hartford, New York, is a global provider of technology solutions tailored for the restaurant and retail sectors, as well as government agencies. Established in 1968, the company operates through two primary segments: Restaurant/Retail and Government.

In the Restaurant/Retail segment, PAR Technology offers a comprehensive suite of point-of-sale (POS) technology solutions. This includes Brink POS, a versatile cloud-based platform known for its seamless integration with third-party products and in-house systems. Additionally, the segment provides Punchh, an advanced customer loyalty and engagement solution widely adopted by restaurant and convenience store brands, alongside Data Central, a robust cloud software solution designed for back-office operations.

PAR Technology's offerings extend to PAR Payment Services, catering to merchant services needs, and innovative POS integrated solutions such as wireless headsets for drive-thru order-taking. The segment further supports its clients with comprehensive services encompassing training, installation, technical support, and repair services, ensuring operational efficiency and customer satisfaction.

In the Government segment, PAR Technology specializes in delivering intelligence, surveillance, and reconnaissance solutions, as well as systems engineering support and software-based solutions. The company's expertise also includes satellite and teleport facility operations and maintenance, satellite control center operations, and information technology infrastructure library services for the United States Department of Defense and other federal agencies. PAR Technology distributes its products and services through dedicated sales teams, channel partners, and resellers, emphasizing innovation and reliability in meeting the diverse needs of its global clientele.

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Stock Sector: Computer Software: Application Software

 

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