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MICROS Stock

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MICROS Stock

Q: Can I buy or sell stock directly through MICROS?

A: MICROS does not offer direct stock purchases or sales. All stock transactions should be handled through a registered stock brokerage firm of your choice.

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Q: Where is your stock traded?

A: MICROS's common stock is traded on the NASDAQ National Stock Market.

Q: What is the ticker symbol?

A: MCRS

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Q: What is MICROS' CUSIP Number?

A: MICROS' CUSIP Number is 594901100.

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Q: Does MICROS pay a dividend?

A: The Company has not paid any dividends on its common stock. The Company currently intends to retain earnings for use in its business; therefore it does not anticipate paying cash dividends in the foreseeable future to common stockholders.

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Q: Who is the transfer agent?

A: Registrar & Transfer Co.
    10 Commerce Drive
    Cranford, N.J. 07016

    1-800-368-5948

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Q: When is the next annual shareholders meeting?

A: MICROS will hold its FY2009 Shareholders Meeting on Friday, November 20, 2009, at 11:00 am, Eastern Standard Time, at its corporate headquarters in Columbia, Maryland. All shareholders are invited to attend.

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Q: What is the scheduled release date for MICROS's FY2010 financial results (MICROS operates on a July to June fiscal year)?

A: MICROS released its fiscal 2010 first quarter results in October 29, 2009.  The tentative release date for the fiscal 2010 second quarter is January 28, 2010.  The actual release date will be confirmed in a press release in January 2010. Click here for conference call information

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Q: Does MICROS hold investor conference calls?

A: Yes, MICROS holds a conference call at 4:45pm, (eastern time) on the day of the financial results release. All investors are welcomed to participate. Click here for conference call information

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Q: Which investment firms provide research coverage on MICROS?

A: Listed below are the investment firms that provide research on MICROS.  As a matter of policy, MICROS does not publicly distribute analyst reports.  The respective firms should be contacted regarding their respective distribution policy.

Investment Firm Analyst Phone Number
Brean Murray Andrey Glukhov 212.702.6602
GARP Robert Furlong 410.318.5015
Janney Montgomery Liam Burke 202.966.4305
Jefferies Ross McMillan 212.284.2439
Noble Financial Vincent Collichio 561.994.5725
Oppenheimer Brad Reback 404.364.8728
RBC Daniel Perlin 410.625.6130
Raymond James Terry Tillman 404.442.5825
Sidoti Brian Murphy 212.453.7046
Signal Hill Capital Mayank Tandon 617.620.5886
Wedbush Gil Luria 213.688.4501
William Blair Corey Tobin 312.364.5263

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Q: Has MICROS ever split its stock?

A: Yes, MICROS has split its stock three times in its corporate history since becoming a public company in 1981.  MICROS split its stock in June 1998, February 2005 and February 2008. All the splits were executed as a one-for-one stock dividend.

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Q: What time period does MICROS's fiscal year cover?

A: MICROS's fiscal year runs from July 1 to June 30 of the following year.

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Q: Is MICROS repurchasing its stock?

A: Yes.  MICROS management received Board authorization in August 2009 to repurchase 2,000,000 shares in its fourth authorized share buyback.  As of September 30, 2009, approximately 2.2 million shares are available for repurchase from the July 2008 and August 2009 authorizations.

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Q: What is the breakdown of MICROS's business from the United States and internationally?

A:

FY2009 FY2008 FY2007
$000 % $000 % $000 %

United States

$434,482 47.6% $416,458 43.6% $364,139 46.3%
International $477,365 52.4% $537,726 56.4% $421,588 53.7%
Total $911,847 100.0% $954,184 100.0% $785,727 100.0%

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Q: How can I get a copy of the MICROS's most recent conference call transcript?

A: Please download the conference call transcript file here.

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Q: What is MICROS revenue recognition policy?

A: Revenue from hardware sales is recognized at the time of shipment with a provision for estimated returns and allowances. Revenue from licensed software sales is recognized in accordance with Statement of Position (“SOP”) 97-2, “Software Revenue Recognition,” as amended by SOP 98-9, “Modification of SOP 97-2, Software Revenue Recognition with Respect to Certain Transactions.” If a third party can install the software, revenue is recognized when shipped, with an appropriate deferral for any undelivered software contract elements. However, if MICROS is the sole party that has the proprietary knowledge to install the software, revenue is recognized upon installation and when ready to go live, with an appropriate deferral for any undelivered software contract elements. This deferral is earned when significant obligations no longer exist. Revenue from customer-specific development work is recognized under the completed contract method. Service contract revenue is initially recorded as deferred service revenue and is recognized on a pro rata basis over the contract term. Revenue from the installation of the product and the training of customers’ staff is recognized as the work is performed.

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Q: Does MICROS capitalize software development costs?

A: Yes. MICROS does capitalize software development costs.  In fiscal year 2009, MICROS capitalized $470,000 of software development costs.  It amortized $7,726,000 of capitalized software development costs in fiscal 2009.  This expense was charged to Software Cost of Sales.  As of June 30, 2009, MICROS held $25,749,000 of Software Development Costs on its Balance Sheet.

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INFORMATION

Q: How do I get a print version of MICROS's annual report, press releases, and other investor relations related literature?

A: The fastest way is to call 1-443-285-8029. Please leave your name, address, and phone number (please speak slowly). You may also submit your request via E-mail to investors@micros.com. We endeavor to send information within three business days.

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Q: How can I obtain SEC documents such as a 10K or 10Q?

A: SEC documents are accessible on the world wide web through SEC's Edgar on-line database. MICROS's filing are also available on our Financial Documents web page, or by contacting MICROS Investor Relations Department.

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