CUSIP NUMBER:  698884103

                                  UNITED STATES
                             Washington, D.C. 20549

                                  FORM 12b-25


(Check One):
[X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q [ ]Form N-SAR

For Period Ended: 12/31/02

[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ___________________

             Read Instruction (on back page) Before Preparing Form.
                             Please Print or Type.
    Nothing in this form shall be construed to imply that the Commission has
                   verified any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:



Full Name of Registrant

Former Name if Applicable

8383 Seneca Turnpike
Address of Principal Executive Office (Street and Number)

New Hartford, NY  13413
City, State and Zip Code

PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

          (a)  The reasons  described in  reasonable  detail in Part III of this
               form  could  not be  eliminated  without  unreasonable  effort or
          (b)  The subject annual report,  semi-annual report, transition report
               on Form 10-K, Form 20-F,11-K or Form N-SAR,  or portion  thereof,
[ X ]          will be filed on or before the  fifteenth  calendar day following
               the  prescribed  due date;  or the  subject  quarterly  report or
               transition  report on Form 10-Q, or portion thereof will be filed
               on or before the fifth  calendar day following the prescribed due
               date; and
          (c)  The  accountant's  statement  or other  exhibit  required by Rule
               12b-25(c) has been attached if applicable.


State below in reasonable  detail the reasons why Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition  report portion thereof,  could not be filed within the
prescribed time period.

(Attach Extra Sheets if Needed)

Due to the  Company's  announcement  on March 28, 2003 that we will  restate our
financial  statements  for the years ended  December 31, 2000,  2001 and for the
nine months ended 2002,  the Company  requests an extension to complete its Form
10-K for the year ended December 31, 2002.


(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this

Ronald J. Casciano                   315                     738-0600 Ext. 273
------------------                ---------                  ------------------
     (Name)                      (Area Code)                 (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant was required to file such report(s) been filed? If answer is no,
     identify report(s).      Yes   [ X ]    No   [   ]
(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof? Yes [ X ] No [  ]

In the  aggregate,  the  restatement  decreased  net revenue by $675,000 for the
entire period of fiscal years 2000, 2001 and the nine months ended September 30,
2002.  This  represents a 0.2% of the total  revenues  during that  period.  The
aggregate change in net income for this same period was an increase of $238,000.
More  specifically,  in 2000 revenue  increased by $3.2 million and the net loss
decreased by $913,000.  In 2001 revenue and net income decreased by $1.4 million
and $238,000 respectively. For the nine months ended September 30, 2002 revenues
decreased by $2.5 million and net income decreased by $437,000.

The restatement is the result of a determination by the Company, as concurred by
our  independent  accountants,  that the  Company  should  recognize  revenue on
certain product sales upon arrival at the customer site. This new  determination
differs from the Company's  twenty-two-year  historical  practice of recognizing
revenue    as    the     products     leave    the     Company's     facilities.
If so, attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

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

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date:   03/28/03                   By: /s/Ronald J. Casciano
                                          Ronald J. Casciano
                                          VP, C.F.O. & Treasurer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly  authorized  representative.  The name and title of the person
signing  the form  shall  be typed or  printed  beneath  the  signature.  If the
statement is signed on behalf of the registrant by an authorized  representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

   Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (See 18 U.S.C. 1001).