Exhibit 99.1

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Release Date: August 28, 2007	Contact:	Peter J. Rogers, Jr. Senior Vice President, Investor Relations MICROS Systems, Inc. 443-285-8059 progers@micros.com

MICROS REPORTS FISCAL 2007 RESULTS:

REVENUE, NET INCOME AND EPS EXCEED EXPECTATIONS;

RECORD FOURTH QUARTER AND FISCAL YEAR

REVENUE, NET INCOME AND EPS

Columbia, Maryland ... MICROS Systems, Inc. (Nasdaq: MCRS), a leading supplier of information systems to the hospitality and retail industries, today announced the results for its fiscal 2007 fourth quarter and fiscal year ending June 30, 2007.

FINANCIAL HIGHLIGHTS

-Revenue for the quarter was $221.6 million, an increase of $29.8 million, or 15.5%, over the same period last year.

-Revenue for the fiscal year was $785.7 million, an increase of $106.8 million, or 15.7% over the same period last year.

-GAAP net income for the quarter was $27.4 million, an increase of $6.0 million, or 28.2% over the same period last year.

-GAAP net income for the fiscal year was $80.0 million, an increase of $16.5 million, or 25.9% over the same period last year.

-GAAP diluted earnings per share (EPS) for the quarter was $0.66 per share, an increase of $0.13 per share, or 24.5% over the same period last year.

-GAAP diluted EPS for the fiscal year was $1.94 per share, an increase of $0.38 per share, or 24.4% 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 for the quarter was $31.2 million, an increase of $7.8 million, or 33.3% over the year ago period.

·	Non-GAAP net income for the fiscal year was $91.1 million, an increase of $20.5 million, or 29.0% over the year ago period.

·	Non-GAAP diluted EPS for the quarter was $0.75 per share, an increase of $0.17 per share, or 29.3% over year ago period.

·	Non-GAAP diluted EPS for the fiscal year was $2.21 per share, an increase of $0.47, or 27.0% over the year ago period.

-MICROS’s financial results were Company records for both a fiscal quarter and a fiscal year.

Tom Giannopoulos, MICROS’s Chairman and CEO, stated, “We are extremely pleased with the results of the fourth quarter and fiscal year. We continue to deliver record performance, driven by the right business strategy, great products and a global infrastructure designed to serve the information technology needs of our customers worldwide.”

MICROS’s guidance for its fiscal 2008 first quarter ending September 30, 2007 is for revenue between $201.0 million and $204.0 million, and non-GAAP net income, excluding the currently projected share-based payment charge for the first quarter, between $21.0 million and $22.0 million, or non-GAAP earnings per share between $0.50 and $0.52. Guidance for GAAP net income is between $18.5 million and $19.0 million, or earnings per diluted share of $0.43 to $0.45.

Guidance for the fiscal 2008 year ending June 30, 2008 is for revenue between $910.0 million and $915.0 million and non-GAAP net income, excluding the currently projected share-based payment charge for the fiscal year, between $109.0 million and $111.0 million, or non-GAAP earnings per diluted share between $2.59 and $2.62. Guidance for GAAP net income is between $97.0 million and $99.0 million, or earnings per diluted share of $2.29 to $2.34.

Commencing with the fiscal 2008 second quarter, MICROS will no longer provide quarterly guidance; MICROS will continue to provide fiscal year annual guidance. MICROS management is in agreement with a growing consensus that publishing quarterly guidance may create an undue focus on short term financial performance.

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. An example of a forward looking statement includes the statements in the paragraphs where MICROS provides guidance for its first fiscal quarter ending September 30, 2007 and fiscal 2008 year ending June 30, 2008, and Mr. Giannopoulos’s quote. MICROS is subject to, among others, the following uncertainties and risks: product demand and market acceptance; impact of competitive products and pricing on margins; product development delays and technological difficulties; controlling expenses as MICROS continues to expand; the ability to obtain on acceptable terms the right to incorporate in MICROS’s products and services technology patented by others; the risk that there are actual or perceived security vulnerabilities in MICROS’s products; adverse results in legal disputes resulting in liabilities that exceed reserves; unanticipated tax liabilities; the effects of terrorist activity and armed conflict; the effects of major environmental disasters; weakening in general economic conditions that adversely affect demand for computer hardware or software; and currency fluctuations.

All information in this release is as of August 28, 2007. MICROS undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in MICROS’s expectations.

For further information regarding risks and uncertainties associated with MICROS’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Business and Investment Risks” sections of MICROS’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting MICROS’s investor relations department at 443-285-8059 or at MICROS’s website at http://www.micros.com.

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Release Date: August 28, 2007	Contact: Peter J. Rogers, Jr.
	SVP, Investor Relations
	443-285-8059

MICROS SYSTEMS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited - in thousands, except per share amounts)

Fourth quarter ended June 30,

Twelve months ended June 30,

2007

2006

2007

2006

Revenue:

Hardware

65,694

62,976

233,838

215,561

Software

38,280

35,048

132,820

120,093

Service

117,620

93,805

419,069

343,299

Total revenue

221,594

191,829

785,727

678,953

Cost of sales:

Hardware

41,104

40,690

149,085

144,061

Software

7,938

5,030

29,531

23,488

Service

53,579

45,742

195,600

165,721

Total cost of sales

102,621

91,462

374,216

333,270

Gross margin

118,973

100,367

411,511

345,683

Selling, general and administrative expenses

63,302

56,484

241,075

207,976

Research and development expenses

9,720

7,709

33,131

26,871

Depreciation and amortization

3,599

2,902

12,721

10,459

Stock option expense (*)

4,723

2,599

13,996

9,100

Total operating expenses

81,344

69,694

300,923

254,406

Income from operations

37,629

30,673

110,588

91,277

Non-operating income, net

3,709

1,781

11,066

4,388

Income before taxes, minority interests and equity in net earnings of affiliates

41,338

32,454

121,654

95,665

Income tax provision

13,861

10,912

40,754

31,455

Income before minority interests and equity in net earnings of affiliates

27,477

21,542

80,900

64,210

Minority interests and equity in net earnings of affiliates

(67

)

(165

)

(912

)

(682

)

Net income (GAAP)

27,410

21,377

79,988

63,528

Net income per common share - diluted (GAAP)

0.66

0.53

1.94

1.56

Weighted-average number of shares outstanding -diluted

41,585

40,570

41,290

40,624

Reconciliation of GAAP Net Income and EPS, and

Net Income and EPS before share-based payment charge, i.e. stock option expense

Net income (GAAP)

27,410

21,377

79,988

63,528

Add back: Stock option expense (*):

COGS - service

Selling, general and administrative expenses

4,392

2,492

13,243

8,851

Research and development expenses

331

107

753

249

Stock option expense included in operating expenses

4,723

2,599

13,996

9,100

Total stock option expense

4,723

2,609

13,996

9,135

Subtract:

Total tax effect on stock option expense

902

555

2,884

2,026

Net income (before share-based payment charge)

31,231

23,431

91,100

70,637

Net income per common share-diluted (before share-based payment charge)

0.75

0.58

2.21

1.74

We believe the inclusion of the above non-GAAP measure, excluding the effect of share-based payment charge, will be useful to investors because it will enhance the comparability of our results in recent periods to results in periods prior to our adoption of FAS 123(R). We also believe inclusion of this measure will enhance comparability of our results to results of our competitors, particularly those who did not adopt FAS 123(R) during one or more periods included in their public filings, and to the analysts’ forecasts because the analysts continue to forecast excluding the effect of share-based payment charge, the non-GAAP measure. In addition, our management uses this measure to evaluate our operating performance and compare our performance to those of our competitors. Management also uses this measure as a metric to measure performance under our executive compensation program.

The Company notes that non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles. Instead, they are based on subjective determinations by management designed to supplement our GAAP financial measures. They are subject to a number of important limitations and should be considered only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Among the limitations on the use of the non-GAAP measure are the following:

·	The exclusion of non-cash share-based payment charges can have a significant impact on reported GAAP net income and reported GAAP diluted net income per share.

·	Other companies may utilize non-cash share-based payments to a significantly greater or lesser degree in relation to overall compensation than MICROS.

·	Other companies may calculate non-GAAP net income and non-GAAP net income per share differently than MICROS does, limiting the usefulness of those measures for comparative purposes.

news
Release Date: August 28, 2007	Contact: Peter J. Rogers, Jr.
	SVP, Investor Relations
	443-285-8059

MICROS SYSTEMS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

	(unaudited)
	June 30,		June 30,
	2007		2006
ASSETS
Current assets:
Cash and cash equivalents	$	242,702	$	237,222
Short-term investments		86,950		0
Accounts receivable, net		180,203		141,159
Inventory, net		47,790		46,637
Deferred income taxes		16,683		16,649
Prepaid expenses and other current assets		27,650		15,485
Total current assets		601,978		457,152

Property, plant and equipment, net		27,955		23,794
Deferred income taxes, non-current		23,145		16,192
Goodwill		138,332		98,581
Intangible assets, net		14,509		10,427
Purchased and internally developed software costs, net		36,296		38,328
Other assets		4,541		3,383
Total assets	$	846,756	$	647,857

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Bank lines of credit	$	2,308	$	2,134
Accounts payable		43,126		36,022
Accrued expenses and other current liabilities		116,327		84,897
Current portion of capital lease obligations		655		89
Income taxes payable		8,094		12,416
Deferred income taxes		160		227
Deferred service revenue		86,742		68,246
Total current liabilities		257,412		204,031

Capital lease obligations, net of current portion		260		424
Deferred income taxes, non-current		15,934		14,998
Other non-current liabilities		17,294		8,146
Total liabilities		290,900		227,599

Minority interests and minority ownership put arrangement		4,723		3,142
Commitments and contingencies

Shareholders’ equity:
Common stock		507		487
Capital in excess of par		149,089		100,723
Retained earnings		382,785		302,848
Accumulated other comprehensive income		18,752		13,058
Total shareholders’ equity		551,133		417,116

Total liabilities and shareholders’ equity	$	846,756	$	647,857