Hotel Technology Next Generation

Stowe, VT – November 4, 2011 –– PAR Springer-Miller Systems, Inc. (PSMS), a wholly owned subsidiary of PAR Technology Corporation (NYSE: PAR) and leading provider of guest-centric hospitality management systems, today announced that SpaSoft® Spa and Activity Management System Version 3.2.2.0 has been certified to connect with Fusebox, Elavon's hosted payment gateway.

Using Elavon's hosted payment gateway, Fusebox, SpaSoft Spa Management solution can now connect to a variety of payment processors, eliminating the need to conduct multiple direct-processor certifications, and simplifying upgrades and enhancements since Fusebox is hosted in secure data centers. Additionally, the Fusebox certification extends peace of mind to SpaSoft's customers, with advanced tokenization which replaces actual cardholder data with unique Token IDs , allowing some of the costs and complexities related to PCI Compliance to be mitigated.

"With Elavon's Fusebox, we deliver cost saving benefits to our customers while also helping to insure the security of cardholders' information with advanced tokenization," said Victor Vesnaver, Senior Vice President, Sales and Marketing for PAR Springer-Miller and SpaSoft. "In today's fast-paced business environment, flexible payment solutions with added security for cardholder data are a business imperative that we are very pleased to extend to our customers."

Elavon's President of North America, Tom Boyer, said: "Enabling commerce for our customers and partners through the delivery of flexible secure solutions is core to our mission. As the hospitality industry as a whole looks to move critical payment processing to secure data centers while capitalizing on the burgeoning Software as a Service industry, Elavon is focused on delivering hosted payment gateway and tokenization solutions that can help."

Designed to meet the evolving needs of businesses, Fusebox addresses security and risk concerns, connectivity, flexibility and simplicity. The hosted gateway relocates critical cardholder data to a centrally managed host, mitigating risk for the merchant, while also supporting tokenization to further ensure cardholder security. Fusebox provides a single interface to connect to multiple processors with a consolidated view for all payments and offers the flexibility to choose payment types and processing endpoints mapped to unique business needs.

About SpaSoft: An industry-standard for more than 15 years, SpaSoft is a fully integrated, dynamic activities management/scheduling software solution, specifically designed to meet the unique needs of the wellness and spa industry. SpaSoft's integrated offering includes resource management, activity scheduling, Web booking, group management, yield/revenue management and forecasting, Club membership, inventory management, PA DSS validated point-of-sale, business and financial reporting and analysis, as well as client management and history. SpaSoft is one of the many products offered by PAR Systems-Miller Systems Inc, the leading provider of hospitality management solutions. The extensive product line offered by PSMS meets the technology needs of all types of hospitality enterprises including city-center hotels, destination spa and golf properties, timeshare properties and casino resorts worldwide. For more information on PAR Springer-Miller Systems, visit our website at www.springermiller.com.

About Elavon: Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp (NYSE: USB). Elavon provides end-to-end payment processing services to more than 1.2million merchants in the United States, Europe, Mexico, Brazil, Canada and Puerto Rico. Solutions include credit and debit card processing, electronic check services, gift cards, multi-currency support, and cross-border acquiring. Elavon's industry leading solutions meet the needs of merchants in specialized markets including small business, retail, hospitality/T&E, health care, education and the public sector and are marketed through multiple alliance partner channels including financial institutions, trade associations and ISOs. For more information about Elavon visit www.elavon.com.