CrunchTime is the technology leader for Enterprise Back Office
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MICROS Signs Exclusive Agreement to Integrate CrunchTime!'s Inventory Management System into OPERA Hotel Management SuiteApril, 2000 COLUMBIA, Md.--(BUSINESS WIRE) -- April 20, 2000 - MICROS Systems, Inc. (NASDAQ:MCRS - news), a leading provider of information technology solutions to the hospitality industry, has entered into an exclusive agreement with CrunchTime! Information Systems to integrate CrunchTime!'s inventory management application into the MICROS-Fidelio OPERA suite of hotel management applications. MICROS has secured the exclusive rights to the CrunchTime! inventory management application for the worldwide hotel market segment, and plans to begin sales and distribution within the next six months. The product will be distributed under the name "OPERA Materials Management System, powered by MICROS-CrunchTime!." Additional terms of the agreement allow MICROS distribution rights of CrunchTime!'s inventory management application to the leisure and entertainment market segment.CrunchTime!'s Enterprise Manager, is an enterprise back-office system that combines perpetual inventory control, purchasing, recipe engineering, production planning, and intra-company distribution with the latest client-server and internet technologies. At the corporate level, the system offers centralized administration, on-line transaction processing, e-purchasing, and an enterprise-wide reporting system with both LAN and web-based access. The MICROS-Fidelio OPERA hotel management system offers comprehensive information management for the global hospitality industry. It provides individual hotels, resorts, and chains of every size a choice of tightly integrated and scalable application modules to meet their precise operating needs. For independent hotels, OPERA provides the advantages of an integrated enterprise-wide solution. For chain hotels, it adds the ability to "complex" or support multiple properties on a single Oracle database. With an easy-to-use graphical user interface, OPERA can operate on Microsoft Windows NT or UNIX platforms and provides management the option of a thin or thick client, taking advantage of cutting-edge, e-commerce capabilities with web-based components. "CrunchTime! has created an outstanding product for materials management, and we saw it as an excellent solution to expand and enhance the capabilities of our OPERA suite of hotel management applications," explained Bernard Jammet, Executive Vice President, Product Development for MICROS. "This totally integrated solution allows us to create the next generation of hotel management software. This system is engineered to work with e-procurement and web-based technology, which is the business standard of the future." "We are very excited to have our inventory management application integrated within MICROS's powerful OPERA suite," stated Bill Bellissimo, President of CrunchTime! "This strategic relationship will enable our companies to define the standard for enterprise information systems in the new internet economy. Our goal of global market penetration will surely be met as we work closely with MICROS-Fidelio and its worldwide sales organization." About MICROS Systems MICROS Systems, Inc. provides property management systems, central reservations and customer information solutions under the brand MICROS-Fidelio for more than 10,000 hotels worldwide. MICROS's stock is traded through NASDAQ under the symbol MCRS. For more information on MICROS, please contact Louise Casamento, Manager of Marketing Communications at (443) 285-8144 or Bernard Jammet, Executive Vice President, Product Development, at (443) 285-8064. You can also visit the MICROS web site at www.micros.com or send an email to info@micros.com. The MICROS logo is a registered trademark of MICROS Systems, Inc. About CrunchTime! Information Systems CrunchTime! Information Systems is a leading provider of enterprise-class food and beverage management solutions. CrunchTime!'s clients include restaurants, hotels, cruise lines, contract food service companies, and distribution centers throughout the U.S., Europe, and the Caribbean basin. The company is currently expanding into Africa and Asia-Pacific regions. |