PAR Springer-Miller Announces
PABP Validation
NEW HARTFORD, N.Y. – JULY 2, 2008 – PAR Springer-Miller
Systems, Inc. (PSMS) --- a wholly owned subsidiary of PAR Technology
Corporation (NYSE:PTC) and the leading provider of guest-centric
hospitality management systems – is pleased to announce that
Visa® USA has confirmed the upcoming SMS|Host®
Hospitality Management Solution release as validated with its latest
Payment Application Best Practices (PABP).
“Keeping financial data secure and private is a top priority
in today’s business climate,” said John Springer-Miller,
CEO of PAR Springer-Miller. “This is just another way PAR
Springer-Miller is helping its customers in terms of innovation
and accreditation within the fast-moving hospitality technology
industry.”
Visa, in collaboration with MasterCard, has incorporated these
Card Information Security Program (CISP) standards into an industry-wide
approach known as the Payment Card Industry (PCI) Data Security
Standard. The standard applies to credit card merchants, service
providers and payment applications.
“We rely on our SMS|Host
system to keep transactions running smoothly and securely for our
employees and, most importantly, our guests,” said Carol Beggs,
Vice President, Technology of Sonesta International Hotels Corporation.
“This validation not only helps us meet mandated requirements,
but also allows us to provide our customers a level of data safety
that is a key factor in building strong guest relationships.”
To meet Visa’s new validation guidelines, PAR Springer-Miller
employed an independent, Visa-qualified security assessor to perform
a thorough inspection of SMS|Host’s
payment processing environment. The audit included an intensive
review of the process by which sensitive information is classified,
accessed and stored, an analysis of network and system architecture,
a complete assessment of IT policies and procedures, documentation
and employee interviews.
PAR Springer-Miller’s SMS|Host
is one of only a very small number of property management systems
to receive PABP validation.
About PAR-Springer-Miller Systems
PAR Springer-Miller Systems is a leading provider of hospitality
management solutions that meet the technology needs of all types
of hospitality enterprises including city-center hotels, destination
spa and golf properties, timeshare properties, and casino resorts
worldwide, setting the pace as a pioneer in the hospitality industry.
SMS|Host Hospitality Management System is distinguished from other
property management systems with its truly integrated design and
unique approach to guest service. The SMS|Host product suite, including
more than 2- seamlessly integrated, guest-centric application modules,
provides hotel/resort staff with the tools they need to personalize
service, exceed guest expectations, and increase revenue. For more
information on PAR Springer-Miller Systems, visit our website at
www.springermiller.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 45,000 installations in 105 countries
worldwide. PAR is also a leader in providing computer-based system
design and engineering services to the Department of Defense and
Federal Government Agencies. PAR Technology Corporation's stock
is traded on the New York Stock Exchange under the symbol PTC. For
more information visit the Company’s website at www.partech.com.
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