Innovation for the Finest Hotels, Resorts & Spas Worldwide

Kennebunkport Resort Collection Moves to the Cloud with ATRIO® PMS and Duetto

NEW HARTFORD, NY — January 14, 2015 — PAR Springer-Miller Systems, Inc. (PSMS) — a wholly owned subsidiary of PAR Technology Corporation (NYSE:PAR) and the leading provider of next generation cloud-based hospitality management systems, today announces that Kennebunkport Resort Collection has chosen ATRIO PMS as its cloud property management system and Duetto’s Revenue Strategy Solutions for revenue management for its collection of eight properties in Kennebunkport, Maine.

Located on the southern coast of Maine, Kennebunkport sits prominently on the Atlantic Ocean. The Kennebunkport Resort Collection features 8 diverse luxury properties, with the crown jewel the Hidden Pond, highlighted in the Conde Naste Gold List. The resorts range from the Kennebunkport Inn, a classic New England inn centrally located in downtown Kennebunkport; the Cottages at Cabot Cove, featuring individually designed waterfront cottages; the Grand Hotel, Lower Village’s newest boutique hotel offering sweeping views of the Kennebunk River; The Tides Beach Club, Southern Maine’s only beachfront luxury boutique hotel; and the Old Fort Inn & Resort, a grand summer estate in nearby Cape Arundel.

The Kennebunkport Resort Collection selected PAR’s new cloud hospitality solution, ATRIO PMS, to manage the collection’s Inns and Cottages. “We love the Zero Training design philosophy behind ATRIO PMS,” commented Debra Lennon, Operating Partner, Kennebunkport Resort Collection. “Our commitment to exceptional guest service begins with having the right technology. The simplicity of the user interface that is ATRIO PMS, will allow our staff to provide the guest service that our clients expect.”

A true “built-for-the-cloud” solution, ATRIO moves hospitality to a new user experience and a new way of doing business. By leveraging all the capabilities of Microsoft Windows Azure, ATRIO dramatically reduces on-property technology requirements and data security risks. PAR Springer-Miller employs agile development methods with ATRIO, resulting in frequent product releases and the ability to react quickly to market needs for new features.

Working in concert with ATRIO PMS, Duetto provides the industry’s leading revenue strategy and profit optimization solutions, which dynamically optimize pricing strategies in real-time. Duetto’s solutions are modern web-based applications that combine unparalleled flexibility and powerful insights with advanced alerting capabilities to deliver effective new approaches to enhancing revenue and saving time.

“The partnership that PAR Springer-Miller has with a technology solution provider such as Duetto helped make the decision to move to ATRIO PMS easy,” commented Lennon. “Having a technology company that understands the need to partner with other innovative technologies shows that they understand our needs as hoteliers and was a big factor in why we chose ATRIO PMS.”

“We take great pride in our relationship with The Kennebunkport Collection, and we look forward to doing our part to help the property teams deliver the exception guest service they seek. The management at The Kennebunkport Collection built a great company with keen eye for quality, unique experiences, and service excellence,” commented Larry Hall, President and CEO of PAR Springer-Miller. “Our relationship with Duetto enables us to provide a comprehensive solution to the Kennebunkport Collection by two technology companies that have a passion for innovation, customer satisfaction, and collaboration.”

“We are pleased to have been selected by the Kennebunkport Collection and to partner with PAR Springer Miller,” commented Patrick Bosworth, CEO of Duetto. “We look forward to the integration of our services at these eight distinctive properties, as we bring to market the first revenue strategy solution that is completely cloud based and can scale up or down to meet the needs of any hotel, regardless of size or market position. Working together with another true cloud company provides not only seamless integration, but an incredible opportunity to bring together and leverage the power of two innovative cloud-based solutions.”

With ATRIO, PAR Springer-Miller Systems has pioneered and delivered a new generation of technology for the hospitality industry; moving the hospitality industry to The Cloud, to a new user experience, and to a new way of doing business. The ATRIO hospitality technology platform continues to expand with ATRIO POS and ATRIO Distribution, reducing the Total Cost of Ownership (TCO) for hoteliers and management companies by embracing true cloud computing, minimizing on-property technology, and reducing implementation and training costs to increase staff efficiency and productivity.

Kennebunkport Resort Collection will take advantage of PAR Springer-Miller’s 24/7 Global support system with operations centers in Kuala Lumpur, London, Toronto and Las Vegas to ensure a worry free technology experience.

About Kennebunkport Resort Collection
The Kennebunkport Resort Collection is a collection of resort properties unique in design, style and architecture. All share a common intuitive understanding of exceptional guest service, unmatched attention to detail and sophisticated style as well as a strong desire to create extraordinary guest experiences filled with joy, fun and entertainment. Kennebunkport offers visitors a beautiful oceanfront location, a vibrant town in Dock Square, and an amazing array of activities for shoppers, foodies, art lovers, beach goers and adventurers. The stunning waterfront and beaches, historic architecture and style, and seasonal weather combine to make Kennebunkport a must-visit vacation spot. Whether for a day trip, week-long vacation, or destination wedding, Kennebunkport and the Kennebunkport Resort Collection offer an unparalleled vacation experience in the Northeast.

About Duetto
Duetto delivers dynamic, intelligent revenue strategy solutions to the world’s leading hotels, allowing them to maximize profits through superior, actionable data to better manage pricing, revenue and business mix decisions. Leveraging a cutting-edge, cloud-based architecture, combined with a feature-rich product set, Duetto transforms the way hotels price and sell rooms.

About PAR Technology Corporation
PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. PAR’s Hospitality segment has been a leading provider of restaurant and retail technology for more than 30 years. PAR offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains. PAR’s Hospitality business markets hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. In addition, PAR provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR’s Government segment is a leader in providing computer-based system design, engineering and technical services to the Department of Defense and various federal agencies.
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