Founded in 1968, PAR Technology Corporation operates through wholly owned subsidiaries ParTech, Inc., and PAR Government Systems Corporation in two distinct reporting segments: Restaurant/Retail and Government. The Company's restaurant/retail division provides a leading technology platform for the restaurant and retail industry, with more than 500 customers and more than 70,000 active restaurant locations. The company improves operational efficiency by providing a more unified experience for corporate restaurants, franchisees and other three categories of restaurants — express service, fast casual and table service — through a complete set of subscription services, hardware and integrated professional services.