FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * CORTESE GREGORY T   2. Issuer Name and Ticker or Trading Symbol PAR TECHNOLOGY CORP [PTC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) President, PTI (Last) (First) (Middle) 8383 SENECA TURNPIKE 3. Date of Earliest Transaction (Month/Day/Year) 03/06/2007 (Street) NEW HARTFORD, NY 13413 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/06/2007   M   210 A $ 3.1667 270 D   Common Stock 03/06/2007   S   210 D $ 9.0601 60 D   Common Stock 03/06/2007   M   90 A $ 2.0417 150 D   Common Stock 03/06/2007   S   90 D $ 9.0601 60 D   Common Stock 03/06/2007   M   1,200 A $ 2.0417 1,260 D   Common Stock 03/06/2007   S   1,200 D $ 9.06 60 D   Common Stock 03/06/2007   M   1,400 A $ 2.0417 1,460 D   Common Stock 03/06/2007   S   1,400 D $ 9.05 60 D   Common Stock 03/06/2007   M   1,600 A $ 2.0417 1,660 D   Common Stock 03/06/2007   S   1,600 D $ 9.05 60 D   Common Stock 03/06/2007   M   1,057 A $ 2.0417 1,117 D   Common Stock 03/06/2007   S   1,057 D $ 9.04 60 D   Common Stock 03/07/2007   M   2,443 A $ 2.0417 2,503 D   Common Stock 03/07/2007   S   2,443 D $ 9.05 60 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/06/2007

M

90

02/11/2001

08/11/2010

Common Stock

90

$ 9.0601

220,460

D

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/06/2007

M

1,200

02/11/2001

08/11/2010

Common Stock

1,200

$ 9.06

219,260

D

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/06/2007

M

1,400

02/11/2001

08/11/2010

Common Stock

1,400

$ 9.05

217,860

D

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/06/2007

M

1,600

02/11/2001

08/11/2010

Common Stock

1,600

$ 9.05

216,260

D

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/06/2007

M

1,057

02/11/2001

08/11/2010

Common Stock

1,057

$ 9.04

215,203

D

Non-Qualified Stock Option (right to buy)

$ 2.0417

03/07/2007

M

2,443

02/11/2001

08/11/2010

Common Stock

2,443

$ 9.05

212,760

D

Non-Qualified Stock Option (right to buy)

$ 3.1667

03/06/2007

M

210

06/30/2000

12/31/2009

Common Stock

210

$ 9.0601

97,290

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
CORTESE GREGORY T 8383 SENECA TURNPIKE NEW HARTFORD, NY 13413			President, PTI

Signatures

By: Ronald J. Casciano For: Gregory T. Cortese		03/08/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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