New Hartford, NY – (September 15, 2014) — PAR Springer-Miller Systems, Inc. (PSMS) — a wholly owned subsidiary of PAR Technology Corporation (NYSE:PAR) and a leading provider of guest-centric hospitality management systems today announces that the Las Vegas Downtown Project has selected PAR’s ATRIO Property Management System to power their growing collection of hospitality properties. PAR Springer-Miller will work with Downtown Project to utilize the ATRIO Property Management System for Oasis at Gold Spike Hotel, and other exclusively rented units throughout the Downtown footprint.
Downtown Project is a $350 million investment to help to revitalize Downtown Las Vegas. The project seeks to forge a community of entrepreneurial energy, creativity and innovation through investments in real estate and development; small businesses; education, arts, and culture; and tech startups.
“We are excited to work with ATRIO, another local innovation engine,” commented Mark Carlson with Downtown Project. “We were looking for another company who could be as flexible and agile as our project. A customer-focused company that is responsive, nimble and interested in doing cool things to move the hospitality industry forward,” commented Carlson. “ATRIO and PAR Springer-Miller had a similar vision of transforming the guest experience through technology.”
“We’re thrilled to work with Downtown Project. We designed ATRIO as a highly innovative, contemporary platform that represents a major advancement in the global hospitality technology field,” commented Larry Hall, President and CEO of PAR Springer-Miller. “The pioneering thinkers at the Downtown Project see great value in leveraging ATRIO to advance their vision. ATRIO will provide the operation capabilities they need today, as well as provide the means to deliver their vision for years to come.”
A true built-for-the-cloud solution, ATRIO moves hospitality to a new user experience and a new way of doing business. By leveraging all the capabilities of Microsoft Windows Azure, ATRIO dramatically reduces on-property technology requirements and data security risks. PAR Springer-Miller employs agile development methods with ATRIO, resulting in frequent product releases and the ability react quickly to market needs for new features.
With ATRIO, PAR Springer-Miller Systems has pioneered and delivered a new generation of technology for the hospitality industry; moving the hospitality industry to The Cloud, to a new user experience, and to a new way of doing business. The ATRIO hospitality technology platform continues to expand with ATRIO POS and ATRIO Distribution, reducing the Total Cost of Ownership (TCO) for hoteliers and management companies by embracing true cloud computing, minimizing on-property technology, and reducing implementation and training costs to increase staff efficiency and productivity.
About the Downtown Project
The goal and purpose of Downtown Project is to help make downtown Vegas a place of Inspiration, Entrepreneurial Energy, Creativity, Innovation, Upward Mobility, and Discovery, through the 3 C’s of Collisions, Co-learning, and Connectedness in a long-term, sustainable way.
The Project has allocated $350 million to aid in the revitalization of Downtown Las Vegas. We’re investing $200 million in real estate, $50 million in small businesses, $50 million in education, and $50 million in tech startups through the VegasTechFund.
For more information, please visit downtownproject.com.
About PAR Technology Corporation
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 markets hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. In addition, PAR provides the spa industry a leading management application that was 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 segment 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.