PAR Technology Corporation (PAR) conducts business in two business segments: Hospitality and Government. The Hospitality segment offers hardware, software technology solutions and a range of support services, to businesses and organizations in the global hospitality industries. These offerings include hardware and software applications for restaurants, hotels, resorts and spas. The Government segment provides a range of technical services for the United States Department of Defense and other federal, state, and local governmental organizations. The Company's PAR Springer-Miller Systems, Inc. (PSMS) subsidiary provides guest-centric property management solutions to hotels, resorts, spas, casinos, and other hospitality properties worldwide. On January 12, 2012, PAR completed the asset sale of its subsidiary, PAR Logistics Management Systems (PAR LMS), to ORBCOMM Inc.