Grand Island Express Selects PAR Logistics Management Systems
New Hartford, N.Y. ­ January 19, 2011 -- PAR Logistics Management Systems (PAR LMS), a wholly-owned subsidiary of PAR Technology Corporation (NYSE: PAR), today announced that it has been selected by Grand Island Express to provide real-time monitoring and control for their refrigerated fleet of 225 trailers.
The PAR system generates the information needed to monitor and control reefer temperatures, react and respond to alarms, and optimize logistics and management of trailers and employees. Customized reporting provides users with alerts and alarms on variances to refrigerated trailer temperatures, operability, low fuel, abnormal/excessive fuel consumption, and excessive dwell time. If cold chain requirements call for temperature monitoring at the product level, PAR provides an independent hard-wired product temperature probe to monitor and report every 15 minutes.
Grand Island Express has been in business since 1967 and is owned and operated by the Pirnie family. James D. Pirnie started the company as a moving and storage concern, but soon expanded into refrigerated services.
Today they provide a variety of services and the company's overall revenues have increased by more than 70% over the past five years. PAR's solution will provide real-time reefer temperature monitoring on a continual basis during transit and provide immediate alerts to Grand Island¹s fleet operations of door open, reefer alarms as well as arrival and departure notifications.
At Grand Island our commitment to exceptional customer service is what keeps our business growing, so we look for the same qualities in our partners and PAR exceeded our criteria, said Andy Winker, Grand Island's Director of Operations. Early on we began to see a return on our investment with substantial reefer fuel savings but most importantly, our customers can now rest assured that the integrity of their refrigerated loads will be monitored for any temperature variation and protected from unauthorized door openings while in our custody.
We are pleased to add Grand Island Express to our growing list of cold chain customers, said John Sammon III, President, PAR LMS. The best customers for us are the ones that understand the value of the real time, proactive, information that our product provides. Grand Island will now have the ultimate confidence in their customer service and with the assist of PAR's technology maintain their competitive advantage.
About PAR Logistics Management Systems
PAR Logistics Management Systems Corporation (PAR LMS) is a subsidiary of PAR Technology Corporation (NYSE: PTC). PAR LMS is the premier supplier of visibility to mobile assets throughout North America. PAR LMS began in 2000 with a grant from the United States Department of Transportation to develop best in breed tracking systems for all types of assets in the supply chain.
Today PAR LMS is the premier supplier of visibility to refrigerated and non-refrigerated trailers, containers and gensets throughout North America.
PAR provides the ability to constantly monitor the crucial aspects of protection, safety, cost reduction and efficiency of remote assets.
Visibility triggers real-time action that enables you to shape outcomes ­ the future. From product temperature to travel times, from reefer alarms to empty miles, you see the information you need to quickly and effectively control operational efficiency, cargo security, load integrity and cost control. See the present. Control the future. www.parlms.com
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world's largest restaurant chains and their franchisees for almost 30 years. Today the Company's extensive offering includes technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR's global service network. The Company has over 50,000 installations in more than 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the Department of Defense and various Federal Agencies. PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. For more information visit the Company's website at www.partech.com.