Frontier Business Technologies, Inc. is western New York's largest provider of point-of-sale (POS) equipment to the restaurant and hospitality industry. Frontier has customized the MICROS POS systems to meet the specific needs of its clients, which include Burger King, Delaware North Companies, and ACCOR Hotel Properties. With five offices, Frontier currently serves over 1,500 customers locally, nationally, and in Canada, and has installed more stadiums and arenas with MICROS products across the U.S. than any other independent MICROS dealership in the country.
Tom Giannopoulos, MICROS's President and Chief Executive Officer stated, "we are pleased to have Frontier Business Technologies become part of MICROS Systems, Inc. This acquisition allows us to grow our direct business and better serve current and new customers with the combined resources of Frontier Business Technologies and MICROS. We look forward to building upon the excellent reputation that Frontier Business Technologies enjoys with its many satisfied customers in North America."
Carroll Johnson, Executive Vice President, Operating Units Group, said, "the acquisition of Frontier Business Technologies strengthens our distribution and service network in two key strategic markets: New York, western Pennsylvania and eastern Canada. By joining forces, we believe that we will achieve our goal of being a powerful presence in these markets, with offices in key cities including Buffalo, Pittsburgh, Rochester, Montreal, and Toronto."
Matt O'Connor, President of Frontier Business Technologies, stated, "We are excited about becoming part of MICROS. We look forward to continuing to grow our business by combining the reputation for innovation and excellence of the Frontier organization with the vast resources of MICROS. We see excellent growth prospects in our target markets and believe that our current customer base and prospective customers will benefit through this new relationship." Mr. O'Connor will assume the title of Vice President-North Central Region and Eastern Canada Region.
MICROS Systems, Inc. provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and entertainment operations in more than 130 countries. MICROS provides property management systems and central reservation and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS's stock is traded through NASDAQ under the symbol MCRS.
For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise Casamento, Manager, Marketing Communications at 443-285-8144 or 800-638-0985. You can also visit the MICROS website at www.micros.com or send an email to info@micros.com.
