MICROS Acquires Hospitality Technologies in Argentina to Create New Subsidiary, Micros-Fidelio South America

MICROS-Fidelio South America will immediately begin supporting significant market segments, including quick service chains, airport restaurants, and convenience stores. MICROS has also acquired Hospitality Technologies' Help Desk, which now serves as the regional Help Desk for MICROS-Fidelio. The company expects to consolidate its Spanish language support into one location, which will now be available on a year-round basis, 24 hours a day.

Ricardo Castro LeGhtaler, Vice President - Latin America & Caribbean, stated that, "Hospitality Technologies has been a successful and reliable distributor of MICROS products in Argentina, and we are pleased to expand their role as a dedicated MICROS subsidiary. This professional and experienced staff of 30 employees will be led by Gabriel Pestalardo, a former business manager at Siemens-Nixdorf. We look forward to working together to expand MICROS's presence and client service throughout South America."

MICROS Systems, Inc., provides enterprise applications for the hospitality industry worldwide. Over 120,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, and leisure and entertainment operations in more than 130 countries. MICROS provides property management systems and central reservation and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels 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, Manager, Marketing Communications at 443-285-8144 or 800-638-0985. You can also visit the MICROS website at www.micros.com or send an email to [email protected].