Micros Systems

MICROS Systems, Inc.

Company type	Public NYSE: MCRS
Industrie	Computer hardware, Restaurant Industry, Computer software
Gegründet	1977, incorporated 1978
Hauptsitz	Columbia, Maryland, USA
Key people	Tom Giannopoulos, Chairman & CEO
Produkte	See Product listing below
Revenue	$597.3MUSD (2005)
Number of employees	~3250 (2005)
Website	www.micros.com

MICROS Systems, Inc., in operation since 1977, is headquartered in Columbia, Maryland, USA. The company manufactures and sells computer hardware, software, and services for the restaurant Point of sale and hospitality markets and other similar markets.

afdadf MICROS Systems' software and hardware is used in the restaurant industry and primarily includes touchscreen computers for the serving staff to place orders, which are then sent to kitchen and bar printers for preparation. The back-office software allows different types of reports, such as total sales and total menu items sold, to be produced. MICROS provides different products for different restaurant sizes and styles, including products for single-entity restaurants, major chain restaurants (with centralized reporting) and multiple-restaurant properties, including casinos, stadiums and cruise ships. MICROS products have the ability to interface to other systems such as inventory control systems and hotel systems. MICROS-Fidelio, a division/part of MICROS, offers several products for hotel systems and is often installed at the same site as MICROS Point-of-Sale systems for easy interface integration.

MICROS-Fidelio International specializes in front-desk/reservation type systems. MICROS-Fidelio serves all segments of the market including luxury, upscale, mid-price, economy, budget, full service, specialized service, and limited service hotels. Its primary product is Opera PMS (Property Management System) and is now installed in many luxury chains such as Fairmont Hotels and Resorts and Four Seasons Hotels. Its largest client is the Intercontinental Hotel Group (IHG) and numbers in the thousands. IHG is comprised of well-known brands such as Holiday Inn, Crowne Plaza and InterContinental hotels. 24-hour support is also available to its clients and customer satisfaction ratings are at their highest in years. MICROS-Fidelio is well known in the hospitality industry and continues to maintain a large portion of the market share.

Current business activities

MICROS Systems continues its global presence (doing business on all seven continents!) in the hospitality market. MICROS Systems uses several distribution channels including different regions, districts, and dealers.

• Region : Different regions are located throughout the world
• District : Part of a region. District offices in North America include: Boston, Chicago, Las Vegas, and others
• Dealer : MICROS Dealers come in all shapes and sizes. Dealers are sometimes resellers of MICROS Products as well as competitors' products.

History

Early years

The company was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to MICROS Systems, Inc. in 1978. MICROS Systems, Inc. is headquartered in Columbia, Maryland.

Did you know? MICROS is an acronym for Modular Integrated Cash Register Operating Systems.

Recent history

For the 2005 fiscal year, revenue was $597.3 million, with net income growing 61% to $53.7 million or $1.35 per diluted share, compared to previous fiscal year revenue of $487.4 million with net income of $33.3 million, or $0.87 per diluted share. Even with the acquisition of JTECH Communications, MICROS increased its cash and cash equivalents by 68% to $153.5 million, positioning it well for future investment opportunities.

Subsidiaries

• Datavantage
• Fidelio Cruise
• Hospitality Solutions International
• JTECH Communications

Product Listing

• Opera -
• 2700 -
• 3700 -
• 4700 -
• 8700 -
• 9700 -
• E7 -
• MyMicros -