BELTSVILLE, MARYLAND.... MICROS Systems, Inc. (NASDAQ:MCRS), a leading supplier of information systems to the hospitality industry, today announced the results for its fiscal 2000 first quarter ended September 30, 1999. Revenue for the quarter was $87.4 million, an increase of $20.8 million, or 31.2%, over the same period last year. Net income for the quarter was $5.1 million, an increase of $1.6 million, or 46.5%, over the year ago first quarter. Earnings per share, on a diluted basis, were $0.30, an increase of $0.09, or 42.9%, over the year ago result of $0.21.

Tom Giannopoulos, MICROS's President and Chief Executive Officer, stated, "We are extremely pleased with the first quarter results. Demand was strong in both restaurants and hotel business segments and all distribution channels. Our investments in new products, services, and distribution channels are evident in our continued growth."

MICROS's stock is traded through NASDAQ under the symbol MCRS. Some of the statements contained herein not based on historic facts are forward-looking statements that involve risks and uncertainties. Some of those uncertainties are: product demand and market acceptance; adverse economic factors; impact of competitive products and pricing on margins; product development delays and technological difficulties; and aggressively controlling expenses. Other risks are indicated in the MICROS Form 10-K and other filings with the Securities and Exchange Commission. MICROS assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

MICROS SYSTEMS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited - in thousands, except per share amounts)