NEW HARTFORD, NY — May 10, 2011 — PAR Logistics Management Systems (PAR LMS), a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced the introduction of its new dry van and flatbed trailer management solutions. Specifically designed for these vehicle types, they offer custom features more powerful than competitors' one-size-fits-all systems. PAR LMS solutions generate real-time information fleet owners require to quickly optimize the logistics and management of trailers and employees. The result is improved utilization, reduced operational costs and enhanced customer service.
The customized reporting from these new solutions allows fast data-driven decisions about operations and planning. Reporting options include excessive trailer dwell time, geofence arrival and departure notifications, door open and close alerts, yard and trailer pool management, and improved turn-time per location.
The new DT200 is designed exclusively for dry van trailers and is quickly mounted inside the trailer with a small remote antenna on the roof. The DT200 sends real-time alerts on trailer status, location history, geofence status and door activity. Users select their alerts and set the frequency. They can choose to receive regular updates or manage by exception, getting alerts only when status is outside preset limits.
The new FT200, the first true flatbed trailer management solution, was designed specifically for flatbeds and chassis and is mounted on the frame rail with a small remote ruggedized antenna on the bulkhead or nose rail. The FT200 now provides the information fleet operators need to reduce fleet sizes, lower trailer repositioning efforts, cut intermodal chassis write-offs and eliminate manual yard checks.
"We continue to see significant demand for both our standard refrigerated container and trailer product as well as a solution for customers with mixed fleets," said John Sammon III, President, PAR LMS. "These customers are looking for a sole provider of a trailer management solution for reefers, dry vans, and flatbeds. With the DT200 and FT200, PAR can now provide that complete solution."
About PAR Logistics Management Systems
PAR Logistics Management Systems (PAR LMS) is the premier supplier of logistics management solutions for trailers and containers throughout North America. PAR LMS provides the ability to constantly monitor the crucial aspects of protection, safety, cost reduction and efficiency of remote assets. Timely data triggers real-time action that enables fleets to shape outcomes. From product temperature to travel times, from reefer alarms to empty miles, fleet managers see the information they need to quickly and effectively control operational efficiency, cargo security, load integrity and costs. PAR LMS is a subsidiary of PAR Technology Corporation (NYSE: PAR). For more information visit www.parlms.com
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world's largest restaurant chains and their franchisees for almost 30 years. Today the Company's extensive offerings include technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR's global service network. The Company has over 50,000 installations in 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the U.S. Department of Defense and federal and state government agencies. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. For more information visit the Company's website atwww.partech.com.
The customized reporting from these new solutions allows fast data-driven decisions about operations and planning. Reporting options include excessive trailer dwell time, geofence arrival and departure notifications, door open and close alerts, yard and trailer pool management, and improved turn-time per location.
The new DT200 is designed exclusively for dry van trailers and is quickly mounted inside the trailer with a small remote antenna on the roof. The DT200 sends real-time alerts on trailer status, location history, geofence status and door activity. Users select their alerts and set the frequency. They can choose to receive regular updates or manage by exception, getting alerts only when status is outside preset limits.
The new FT200, the first true flatbed trailer management solution, was designed specifically for flatbeds and chassis and is mounted on the frame rail with a small remote ruggedized antenna on the bulkhead or nose rail. The FT200 now provides the information fleet operators need to reduce fleet sizes, lower trailer repositioning efforts, cut intermodal chassis write-offs and eliminate manual yard checks.
"We continue to see significant demand for both our standard refrigerated container and trailer product as well as a solution for customers with mixed fleets," said John Sammon III, President, PAR LMS. "These customers are looking for a sole provider of a trailer management solution for reefers, dry vans, and flatbeds. With the DT200 and FT200, PAR can now provide that complete solution."
About PAR Logistics Management Systems
PAR Logistics Management Systems (PAR LMS) is the premier supplier of logistics management solutions for trailers and containers throughout North America. PAR LMS provides the ability to constantly monitor the crucial aspects of protection, safety, cost reduction and efficiency of remote assets. Timely data triggers real-time action that enables fleets to shape outcomes. From product temperature to travel times, from reefer alarms to empty miles, fleet managers see the information they need to quickly and effectively control operational efficiency, cargo security, load integrity and costs. PAR LMS is a subsidiary of PAR Technology Corporation (NYSE: PAR). For more information visit www.parlms.com
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world's largest restaurant chains and their franchisees for almost 30 years. Today the Company's extensive offerings include technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR's global service network. The Company has over 50,000 installations in 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the U.S. Department of Defense and federal and state government agencies. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. For more information visit the Company's website atwww.partech.com.
