MICROS Reports Fiscal 2008 First Quart...( Record First Quarter Rev...),Health

Record First Quarter Revenue, Net Income and EPS;

Revenue, Net Income and EPS Exceed Expectations

COLUMBIA, Md., Oct. 25 /PRNewswire-FirstCall/ -- MICROS Systems, Inc. (Nasdaq: MCRS), a leading supplier of information systems to the hospitality and retail industries, today announced the results for its fiscal 2008 first quarter ended September 30, 2007.

FINANCIAL HIGHLIGHTS

-- Revenue for the quarter was $216.5 million, an increase of $42.8

million, or 24.6%, over the same period last year. Revenue exceeded

consensus expectations and was above MICROS's first quarter guidance.

-- GAAP net income for the quarter was $21.3 million, an increase of $6.2

million, or 41.0%, over the same period last year.

-- GAAP diluted earnings per share (EPS), was $0.51 per share, an increase

of $0.14, or 37.8%, over the same period last year.

-- Non-GAAP financial results, excluding the effect of Financial

Accounting Standard (FAS) No. 123 (R), which requires us to record the

share-based payment charge, are as follows:

-- Non-GAAP net income was $24.3 million, an increase of $7.0 million,

or 40.1%, over the year ago period.

-- Non-GAAP diluted EPS, was $0.58, an increase of $0.15, or 34.9%,

over the year ago period.

-- MICROS's financial results were Company records for the first fiscal

quarter.

Tom Giannopoulos, MICROS's Chairman and CEO, stated: "We are pleased with the results for our first quarter and the excellent start of our fiscal year."

Guidance for the fiscal 2008 year ending June 30, 2008 remains the same at revenue between $910.0 mil
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