WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

      Date of Report (Date of earliest event reported): November 2, 2006

                           PAR TECHNOLOGY CORPORATION
               (Exact Name of Registrant as Specified in Charter)

           Delaware                       1-09720                 16-1434688
-------------------------------      ----------------        -------------------
(State or Other Jurisdiction           (Commission              (IRS Employer
     of Incorporation)                  File Number)         Identification No.)

   PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY      13413-4991
          (Address of Principal Executive Offices)                  (Zip Code)

       Registrant's telephone number, including area code: (315) 738-0600

                                 Not applicable
          (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

     [ ] Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     [ ] Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     [ ]  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     [ ]  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

     On November 2, 2006,  PAR  Technology  Corporation  issued a press  release
announcing  that it has  acquired  substantially  all of the  assets of  SIVA(R)

99.1 Press Release dated November 2, 2006.


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            PAR TECHNOLOGY CORPORATION

Date:  November 2, 2006                     By:  /s/Ronald J. Casciano
                                                 Ronald J. Casciano
                                                 Vice President, Chief Financial
                                                 Officer and Treasurer


Exhibit Number                           Description
--------------                           -----------

  99.1                    Press Release dated November 2, 2006.

Exhibit 99.1 Press Release dated November 2, 2006.

CONTACT:   Christopher R. Byrnes (315) 738-0600 ext. 226
           cbyrnes@partech.com,  www.partech.com

                               ACQUISITION OF SIVA

      o PAR is now first software supplier to offer a complete web-based,
           enterprise-architected solution to the restaurant industry

New Hartford,  NY--November 2, 2006--PAR Technology  Corporation  (NYSE:PTC),  a
leading provider of integrated technology solutions to the hospitality industry,
today announced that it has acquired  substantially all of the assets of SIVA(R)
Corporation.   SIVA  Corporation   provides   software   solutions  built  on  a
service-oriented  architecture that improves the management of money, materials,
people and overall guest experience for multi-unit  restaurant  chains. The SIVA
portfolio will become a part of the  fast-growing  PAR solutions  product family
and will  serve as the  foundation  of the next  generation  product  line.  The
purchase  price  is  approximately  $6.6  million  in cash  and PAR  stock.  The
agreement  provides for additional  contingent  purchase price payments based on
certain sales based milestones and other conditions.

Based in Delray Beach, FL, SIVA is the creator of point-of-sale,  kitchen,  back
office and operations  intelligence  software that use web based next generation
technologies to improve operational efficiency and reduce the cost of technology
ownership for multi-unit  restaurant  operations.  Among its impressive customer
list is the largest casual dining chain in the world Darden Restaurants,  owners
of the Red  Lobster  and  Olive  Garden.  Other  customers  include  Restaurants
Unlimited, Inc., Luby's and Legal Sea Foods.

"Today's  acquisition  expands our market and gives us a key technology platform
to extend our share of growing  and  strategic  hospitality  markets.  With this
acquisition,  PAR  will be the  first  software  supplier  to  offer a  complete
web-based, enterprise-architected solution to the restaurant industry" commented
John W. Sammon,  PAR Chairman and CEO. "Beyond the  complementary  nature of its
applications,  SIVA represents an immediate  technology infusion in all areas of
software  development while bringing key  architectural  technologies to PAR for
the basis of future  development.  Additionally,  SIVA's R&D operation forms the
core of a new, innovative PAR Software Solutions Division,  creating a center of
excellence for PAR restaurant software development, delivery and support."

"At SIVA, we take great pride in our  utilization  of emerging  technologies  to
solve business  problems for restaurant  operators in new and innovative  ways,"
said  SIVA  CEO  Jim   Melvin.   "Working   with  the   backing,   international
infrastructure  and  people  of PAR,  we will be able to bring  new ideas to the
market much more quickly. It is a tremendous  opportunity." Melvin will join PAR
as Chief Strategy Officer.

PAR's restaurant  software  operations will be integrated into the existing SIVA
organization  forming a standalone  software solutions division of PAR headed by
its President, Karen E. Sammon.

"The  acquisition  of SIVA  represents  the  completion  of  PAR's  go-to-market
strategy for the hospitality  industry,"  commented Ms. Sammon. "The combination
of our two businesses leverages PAR's international sales,  services and support
organization and complements PAR's world class hardware offering."

PAR plans to  continue  marketing  the SIVA  products  to the  restaurant  table
service chain segment and immediately extend SIVA's service-oriented  enterprise
architecture to the Quick Serve Restaurant (QSR) and other hospitality segments.
Additional information can be found at www.partech.com/SIVA.

For more than 28 years, PAR has been a leader in providing  solutions to the QSR
market.  PAR began a series of  acquisitions  in 2004 to expand its offerings to
meet  the  needs  of  the   greater   hospitality   industry,   beginning   with
Springer-Miller  to serve hotels and spas,  PixelPoint to cover the  independent
restaurant market, and now SIVA.

Certain Company information in this release or by its spokespersons from time to
time may contain  forward-looking  statements.  Any  statements in this document
that  do  not  describe   historical  facts  are   forward-looking   statements.
Forward-looking  statements  are made pursuant to the safe harbor  provisions of
the Private  Securities  Litigation Reform Act of 1995.  Investors are cautioned
that all forward-looking  statements involve risks and uncertainties,  including
without  limitation,  delays in new product  introduction,  risks in  technology
development  and  commercialization,  risks in  product  development  and market
acceptance  of and demand for the  Company's  products,  risks of  downturns  in
economic conditions generally, and in the quick service sector of the restaurant
market  specifically,  risks of  intellectual  property  rights  associated with
competition and competitive  pricing  pressures,  risks  associated with foreign
sales and high customer concentration, and other risks detailed in the Company's
filings with the Securities and Exchange Commission.


PAR Technology  Corporation is a leading  provider of professional  services and
enterprise business intelligence technology solutions. PAR develops, markets and
supports  hardware and software products that improve the ability of hospitality
business  professionals  to make  timely,  fact-based  business  decisions.  The
Company is the world's largest  supplier of  Point-of-Sale  systems to the quick
service  restaurant  market with over 40,000 systems  installed in more than 100
countries.  PAR is also a leader in providing  computer  based system design and
engineering  services to the Department of Defense and other Federal  Government
Agencies.  PAR  Technology  Corporation's  stock is traded on the New York Stock
Exchange  under the symbol PTC. More  information  can be found on the Company's
website at www.partech.com.