Par Technology Corporation Nominates Cynthia A. Russo to Board of Directors
14 May 2015 - 9:30PM
Business Wire
PAR Files Supplemental Proxy Materials and
Sends Notice to Stockholders Urging Stockholders to Vote FOR the
PAR Nominees
PAR Technology Corporation (NYSE:PAR) today announced that
Cynthia A. Russo has been nominated to stand for election to the
Company’s Board of Directors at the upcoming Annual Meeting of
Shareholders on May 28, 2015.
Ms. Russo was formerly Executive Vice President and Chief
Financial Officer, at MICROS Systems, Inc., a provider of
integrated software and services solutions to the hospitality and
retail industries. In September, 2014 MICROS became an indirect,
wholly-owned subsidiary of Oracle Corporation.
Ms. Russo brings diversity to the PAR Board as well as her
financial acumen, risk management and organizational management
proficiencies.
“We are extremely pleased to nominate Cindy for election to the
PAR Board of Directors,” said Ronald J. Casciano, PAR’s Chief
Executive Officer, President & Board Member. “Cindy is a
distinguished and highly respected executive with deep financial
expertise. I am confident the perspective Cindy will add to our
Board will be invaluable as we continue to work to enhance
shareholder value.”
ABOUT PAR TECHNOLOGY
PAR Technology Corporation's stock is traded on the New York
Stock Exchange under the symbol PAR. PAR’s Hospitality segment has
been a leading provider of restaurant and retail technology for
more than 30 years. PAR offers technology solutions for the full
spectrum of restaurant operations, from large chain and independent
table service restaurants to international quick service chains.
PAR’s Hospitality business also provides hotel management systems
with a complete suite of powerful tools for guest management,
recreation management, and timeshare/condo management. In addition,
PAR offers the spa industry a leading management application
specifically designed to support the unique needs of the resort spa
and day spa markets, a rapidly growing hospitality segment.
Products from PAR also can be found in retailers, cinemas, cruise
lines, stadiums and food service companies. PAR’s Government
Business is a leader in providing computer-based system design,
engineering and technical services to the Department of Defense and
various federal agencies. Visit www.partech.com for more
information.
PAR Technology CorporationChristopher R. Byrnes, 315-738-0600
ext. 6226cbyrnes@partech.comwww.partech.com
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