MCRS (MM)

COLUMBIA, Md., Dec. 7 /PRNewswire-FirstCall/ -- MICROS Systems, Inc. (NASDAQ:MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce the acquisition of the assets of TangentPOS, a leading provider of technology for event point-of- sale and accounting systems for food service and retail operations at sports and entertainment facilities. TangentPOS has over 200 installations in venues in North America. TangentPOS offers various products designed to maximize food and beverage profitability at concessions, premium seats, bars, restaurants, and vending, with similar solutions for retail operations throughout sports and entertainment venues. "TangentPOS captured our interest with its strong back-office offering and its large client base of stadiums and arenas," stated Jenny Kurdle, Executive Vice President, Leisure and Entertainment Business Unit. "Tangent's back- office, which includes perpetual inventory for stand sheets, cash management, vending and hawking, is a perfect strategic complement to our MICROS 9700 Hospitality Management System already installed in many first-class stadiums and arenas around the world." About MICROS Systems, Inc. MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide. Over 220,000 MICROS systems are currently installed in cruise, table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 130 countries, and on all seven continents. In addition, MICROS provides property management systems, central reservation and customer information solutions under the brand MICROS-Fidelio for more than 20,000 hotels worldwide, as well as point-of-sale and loss prevention products through its subsidiary Datavantage for more than 50,000 specialty retail stores worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS. For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contact Louise Casamento, Vice President of Marketing at (443) 285-8144 or (866) 287-4736. You can also visit the MICROS website at http://www.micros.com/ or send an email to . The MICROS logo is a registered trademark of MICROS Systems, Inc. All other product and brand names are the property of their respective owners. DATASOURCE: MICROS Systems, Inc. CONTACT: Louise Casamento, Vice President of Marketing of MICROS Systems, Inc., +1-443-285-8144 Web site: http://www.micros.com/

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