COLUMBIA, Md., MICROS Systems, Inc. (Nasdaq: MCRS - News), a leading provider of information technology solutions for the hospitality industry, announced today the acquisition of JTECH Communications, industry pioneer and leader in on-premises wireless paging solutions for hospitality, retail and other markets. Headquartered in Boca Raton, Florida, JTECH will be operated as a wholly-owned subsidiary of MICROS Systems, Inc.
JTECH Communications is a driving force in the development and implementation of on-premises wireless applications for the hospitality and retail markets. JTECH systems are currently installed in more than 50,000 restaurants, hospitals, retail and other establishments worldwide, and are estimated to be in use by over 2,000,000 people daily. JTECH customers include Outback Steakhouse, Red Lobster, Romano's Macaroni Grill, Chili's Grill & Bar, Lone Star Steakhouse, Hard Rock Cafe, Longhorn Steakhouse, Applebee's, TGI Fridays, Ruby Tuesday and Best Buy. "JTECH Communications is a solid tactical acquisition for MICROS," stated Tom Giannopoulos, Chairman and CEO of MICROS. "JTECH has a highly complementary product offering to MICROS and has been a strong MICROS business partner for several years. JTECH has many synergies with MICROS including a strong parallel in its served markets. We can immediately leverage the current customer base of both companies in the hospitality market, continue an expansion internationally, and expand in non-hospitality markets such as retail and healthcare." "JTECH is very excited about the acquisition by MICROS," stated David Stokoe, President of JTECH Communications. "We have long admired MICROS's strength in the hospitality industry. MICROS's strong service and distribution network here in North America as well as its infrastructure internationally will greatly broaden JTECH's reach."
Contact
Louise Casamento
Vice President of Marketing
Phone: +1 443 285 8144
Email: lcasamento@micros.com
Organization
Oracle Hospitality
https://www.oracle.com/industries/hospitality/index.html
7031 Columbia Gateway Drive
USA
- Columbia, MD 21046-2289
Tollfree: (866) 287-4736
Email: oraclehosp_ww@oracle.com
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