MICROS Systems, Inc. Acquires Datavantage Corporation

Columbia, MD—May 5, 2003—MICROS Systems, Inc. (NASDAQ:MCRS), a leading provider of information technology solutions for the hospitality industry, announced today the acquisition of Datavantage Corporation, a leading provider of information technology solutions for the specialty and general merchandise retail industry, for a combination of cash and stock in the amount of approximately $52 million. Headquartered in Cleveland, OH, Datavantage, with 2002 revenue of $42 million, will be operated as a wholly-owned subsidiary of MICROS Systems, Inc.

Datavantage provides information technology solutions that help retailers improve customer service, streamline operations, increase productivity, and eliminate revenue losses due to theft. Datavantage customers include over 200 premier companies such as Aeropostale, Barney's New York, Bed Bath & Beyond, The Finish Line, HMS Host, IKEA, The Limited, Nike Retail, Payless ShoeSource, Polo Ralph Lauren, The Sharper Image, Staples, Starbucks Coffee, Talbots, and Timberland.

Datavantage achieved the largest POS software market penetration among the top 100 specialty retailers according to the 4th Annual POS Benchmarking Survey: A Retailer Perspective, January 2003, conducted by LakeWest Group in the Fall of 2002.

"This is a great acquisition for MICROS," stated Tom Giannopoulos, Chairman and CEO of MICROS. "We've been looking for just the right company to expand our product offering and customer base. With Datavantage, we can now offer new products to many of our customers who have retail operations within their establishments, and can also address new segments of the retail marketplace. Additionally, Datavantage has shown consistent revenue and profit growth and thus will contribute positively and immediately to the MICROS earnings."

"Datavantage is the fastest growing provider of technology solutions to the specialty and general merchandise retail market. MICROS's financial strength, resources, and global infrastructure are exactly what Datavantage needs to continue its profitable growth," stated Marvin L. Lader, Founder and Chief Executive Officer of Datavantage. "This acquisition is a very sound business strategy for all parties involved."