PATENT OWNER
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`PATENT OWNER
`EXHIBIT 2003
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`EXHIBIT 2003
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`RAW
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`W R LESS AT wan e° NEWS
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`FOR IMMEDIATE RELEASE
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`Ameranth Signs Major New Patent License with
`PAR Technology Corporation for its Patented 21st
`Century CommunicationsTM Web/Wireless
`Synchronization Inventions
`
`"New patent license with one of the largest POS/PMS companies
`in the world further confirms the value of Ameranth's Patents"—
`Vern Yates, Chairman and CEO, Ameranth, Inc.
`
`January 28, 2013, San Diego, CA — Ameranth, Inc. announced today that it has entered into a
`strategic patent license agreement with PAR Technology Corporation (PAR) of New Hartford,
`New York, one of the largest Point of Sale (POS) and Property Management Systems (PMS)
`companies in the world. This is Ameranth's 15th patent license to date.
`
`Ameranth's pioneering web/wireless data synchronization inventions have been patented, (U.S.
`Patent Nos. 6,384,850; 6,871,325; 6,982,733; 8,146,077 - with an additional patent pending), have
`been widely adopted and deployed, and are now essential to the modem wireless/web hospitality
`enterprise. The explosive growth of the use of smart phones, social/affinity group networking,
`wireless networks and related technologies now make the use and licensing of Ameranth's patents
`essential to achieve a totally synchronized system, i.e., the 21st Century CommunicationsTM system
`invented in 1998 by Ameranth's visionary inventors. Modem hospitality information technology
`systems performing functions such as online/mobile ordering, reservations, ticketing and related
`functionality require the use of Ameranth's patented inventions for synchronized operation.
`Ameranth ha-s active patent infringement lawsuits against numerous infringing defendants.
`
`"We are excited to secure this new strategic patent license agreement with PAR, a highly respected
`hospitality technology market leader" stated Vern Yates, Ameranth's Chairman and Chief Executive
`Officer. "PAR is an exceptional company, with its systems deployed in many of the largest
`restaurant chains and prestigious hotels/resorts in the world. With this license now in place, we
`envision that PAR will maintain its market leading position well into the future, now with the benefit
`of its very favorable Ameranth patent license," added Yates.
`
`"Reaching an agreement with Ameranth for the use of its novel patents was important to PAR, since
`we provide many of the restaurant and hotel industry's top brands and renowned properties with our
`industry leading hospitality products, solutions and services," stated Paul Domorski, Chairman &
`CEO of PAR Technology Corporation. "Now PAR can focus all of its resources on business
`growth," added Domorski.
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`The adoption of Ameranth's technology by industry leaders and the wide acclaim received by
`Ameranth for its technological innovations are just some of the many confirmations of the
`breakthrough aspects of Ameranth's inventions. Ameranth has received twelve different technology
`awards (three with "end customer" partners) and has been widely recognized as a hospitality
`wireless/internet technology leader by almost all major national and hospitality print publications,
`e.g., The Wall Street Journal, The New York Times, USA Today, and many others. Arneranth was
`personally nominated by Bill Gates, the Founder of Microsoft, for the prestigious Computerworld
`Honors Award that Ameranth received in 2001 for its breakthrough synchronized
`reservations/ticketing system with the Improv Comedy Theatres. In his nomination, Mr. Gates
`described Ameranth as "one of the leading pioneers of information technology for the betterment of
`mankind."
`
`About Ameranth, Inc.:
`
`Ameranth, Inc. ( http:/Iwww.ameranth.com) is a recognized leader in the hospitality
`technology market, having been featured in the Wall Street Journal, New York Times,
`Chicago Sun Times, USA Today, Business Week, US News & World Report, Nation's
`Restaurant News, Hospitality Technology, TIME, CNNfn, San Diego Union Tribune, and
`numerous other prestigious publications. Ameranth has also been awarded or participated
`in twelve technology/"best product" awards.
`
`Tel: (888) AMERANTH Fax: (858) 362-0151- (www.ameranth.com)