COLUMBIA, Md., Nov. 3 / MICROS Systems, Inc. MCRS, a leading provider of information technology solutions for the hospitality industry, announced plans for , a power-packed Internet portal for restaurant management operations, at the FSTEC Conference in Long Beach, CA this week. The portal will offer net-hosted applications for point-of-sale, back office, data warehousing, business intelligence and other functions, creating the next-generation model for the restaurant enterprise and extending the capability for existing customers. MICROS plans to launch during First Quarter 2001 and will continually add new capabilities and applications as part of the Company's overall Internet business strategy.

The portal will allow restaurant managers to create a personalized "digital dashboard" for their operations: real-time reports on the business parameters of their choosing, continually available from the data warehouse via their Internet connection. This capability allows management to monitor sales, promotions, labor and a host of other data from any Web browser, at any time, and make changes to the restaurant's menus and prices.

Through this single site, restaurant operators will be able to access an unlimited amount of information and perform a variety of important tasks. As with other Internet portals, will include traditional news, weather and calendar content. Simple and easy to use back-office functionality is also included, such as human resources, payroll, scheduling, ordering and inventory valuation. will be an extension of the MICROS Restaurant Enterprise Series 3000 and the Large Enterprise Solution 9000 making it the most complete Internet portal created exclusively for the hospitality industry.

offers outstanding benefits to both independent and chain restaurant operations. "Independent restaurant owners and chain operators will experience a freedom they have never had before," explained Paul Armstrong, Executive Vice President of New Technologies for MICROS Systems. "Using our Internet technology, they will be able to have access to their operations' real-time data from any Web browser – any time and anywhere. They can make adjustments to pricing, menu items, or inventory from across the street or across the country – all they'll need to do is log onto the Web."

Chain restaurant enterprises also gain significant operational control via the portal. "In large, multi-store and multi-concept operations, the necessary infrastructure has grown large and complex, but our new Internet technology will simplify many functions," Armstrong continued. "With our real-time reporting, trends can be spotted immediately and acted upon enterprise-wide, and the data warehouse's dynamic drill-down capabilities greatly improve current methods of business intelligence. We have created the ideal architecture for chain operation control."

"The creation of fulfills our company's vision for the future as a total technology solution provider," stated Tom Giannopoulos of MICROS Systems. "This exciting new architecture allows us to migrate customers to the advanced functionality of Internet services and simplifies operations for hospitality businesses of any size and structure. MICROS looks forward to continuing to provide the most innovative and beneficial solutions to restaurants, hotels, and leisure companies around the world."

About MICROS Systems

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].

The MICROS logo is a registered trademark of MICROS Systems, Inc. All other product and brand names are the property of their respective owners.

Louise J. Casamento
Director Of Marketing

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