Post 200: Top D.C.-Area Businesses

Micros Systems / MCRS

About Micros Systems

7031 Columbia Gateway Dr., Columbia, Md. 21046
www.micros.com | 443-285-6000 | Founded: 1977

Industry: Information Technology | Category: Public Companies

Micros has been on a buying spree. In January of this year, the company paid $32 million for the hotel and retail subsidiaries of RedSky IT, a British software development firm. The retail company serves four of Britain's largest grocers.
Micros said that the deal should not affect its earnings per share in the fiscal year ending June 30 but that it should boost them in the future. Micros said the units are projected to generate $22 million to $25 million in sales in fiscal 2008 and $30 million to $32 million in 2009.
In December, Micros announced that it had purchased for an undisclosed sum the assets of TangentPOS, which produces accounting hardware and software for food vendors and retailers at sports and entertainment venues. Its offerings include wireless hand-held units that enable staff to take orders in the stands and technology that lets retailers keep track of merchandise as it moves from stores to temporary retail stands.

Chairman and CEO: A. L. Giannopoulos

2006 Financial Data

Revenues: $678,953,000 | Net Income: $63,528,000
Asssets: $647,857,000 | Earnings Per Share: $1.56
Total employees: 4,200 | Local employees: 875

Company Leadership

Gary C. Kaufman CFO
T. Paul Armstrong EVP and chief technology officer
A. L. Giannopoulos Chairman, president and CEO
Thomas L. Patz EVP and general counsel
Bernard Jammet EVP

Source: Compensation data provided by Equilar, Inc..

Gary C. Kaufman
CFO
$11,948,693
Salary: $660,000
T. Paul Armstrong
EVP and chief technology officer
$8,060,604
Salary: $314,000
A. L. Giannopoulos
Chairman, president and CEO
$6,172,642
Salary: $1,100,000
Thomas L. Patz
EVP and general counsel
$5,616,360
Salary: $550,000
Bernard Jammet
EVP
$4,283,425
Salary: $330,000

Did You Know

Micros Systems Inc. sells software and computers to hotels, restaurants, casinos and retailers worldwide. Its products include touch-screen computer terminals used by restaurant servers, central reservation systems used by hotels, and software that helps clients manage customer sales, inventory and human-resources records.

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