German Based Steamship Line HAPAG-LLOYD AG selects PAR Logistics Management Systems as Tracking Systems Provider
Thursday January 22nd 2009
NEW HARTFORD, N.Y., Par Logistics announced today that German based Hapag-Lloyd will outfit their entire North American fleet of powered generator sets with Par’s GPS tracking systems. The term of the agreement is three years with automatic annual renewals for follow.
President John W. Sammon III:
“Hapag-Lloyd is the finest in the intermodal container shipping business and we are honored to receive their generator set tracking business. We fully intend to work with Hapag-Lloyd for many years to come in building out their cold chain systems and solutions.”
The GT 200 solution combines cellular, satellite, sensor, and internet, technologies to track, trace, monitor, and manage, intermodal generator sets and the refrigerated containers they power.
ABOUT Hapag-Lloyd:
For more than 150 years, Hapag-Lloyd has linked continents, countries and cultures. The company focuses on global container liner shipping and operates about 320 sales offices in over 130 countries. The more than 130 Hapag-Lloyd containerships provide total capacity of around 500.000 TEU, and are deployed across the five continents. Hapag-Lloyd is placed among the top five biggest shipping companies in the world.
ABOUT PAR LOGISTICS MANAGEMENT SYSTEMS
Par Logistics is a wholly owned subsidiary of Par Technology Corporation (NYSE-PTC) Par Logistics designs, develops, sells, and supports, advanced technology system solutions for the global transportation sector. With a direct focus on the entire network of cold chain transport, Par Logistics builds solutions that drive the industry’s ability to safely and securely move perishable goods more efficiently.
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 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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