Standard Parking Announces Airport and Municipal Awards
CHICAGO, Oct. 30, 2012 (GLOBE NEWSWIRE) -- Standard Parking Corporation
(Nasdaq:STAN), one of the nation's leading providers of parking management,
ground transportation and other ancillary services, today announced several
contract awards for its SP Plus^® Airport Services and SP Plus^® Municipal
operating divisions. The deals include awards from Dayton International
Airport, Jacksonville International Airport, Buffalo-Niagara & Niagara Falls
International Airports and Cincinnati / Northern Kentucky International
Airport, as well as municipal parking services awards from the City of
Harrisburg, Pa. and the City of Oxford, Miss.
Details of the newly announced awards:
*Dayton International Airport awarded Standard Parking a five year
management contract for the Airport's public parking facilities, valet
parking, shuttle bus and taxi starter services, commencing November 1^st.
The 7,500 space parking operation encompasses a multi-level parking
structure, several surface lots, and a curbside valet operation. Standard
Parking will provide a fleet of new buses to support the Airport's shuttle
services, allowing for an enhanced customer experience.
*Jacksonville International Airport awarded Standard Parking a five year
contract to provide valet parking services. Standard commenced operation
of this high-profile valet service on October 1^st. Additional services
will include on-site vehicle washing and detailing.
*Cincinnati/Northern Kentucky International Airport renewed Standard
Parking's agreement to provide parking, shuttle and curbside valet
services for an additional five year term beginning December 1^st.
Standard Parking will manage 14,000 parking spaces, including a 7,500
space public garage, a 21 shuttle bus operation that transports customers
and airport employees, as well as the Airport's curbside valet service.
*Buffalo-Niagara International & Niagara Falls International Airports
selected Standard Parking for a five year renewal to provide its parking
and shuttle transportation services.The operation includes over 9,800
spaces and 20 shuttle buses.Buffalo-Niagara International will be adding
an additional 1,000 parking spaces of capacity in 2013. As part of its
services, Standard Parking will develop a multi-faceted marketing program
focusing on customer convenience and frequent parker programs.
*SP Plus^® Municipal Services, the parking operator on the "Harrisburg
First" team that includes Guggenheim Partners and AEW North America-AEW
Capital Management, LLP, has been selected by the City of Harrisburg to
enter into final negotiations for a long term concession agreement to
operate and manage all of the City's on-street and off-street parking
assets.The parking assets are comprised of approximately 9,000 off-street
parking spaces in ten garages and five surface lots, and 1,250 on-street
metered spaces. The Company expects to commence operations under the
agreement in early 2013.
*On October 1^st, SP Plus^® Municipal Services began providing on-street
parking enforcement and citation processing services for the City of
Oxford, Miss. The Company provides its services for 407 on-street parking
spaces and also issues citations in connection with handicapped, loading
zone and fire hydrant parking restrictions.
Standard Parking's President and Chief Executive Officer, James A. Wilhelm,
stated, "These contract awards confirm the value that our clients place on our
experienced and respected team of parking management professionals.We take
pride in our ability to craft effective and comprehensive solutions to meet
our clients' needs, and will focus intensely on excellence in the execution of
our operating plans to ensure that the services provided for these airports
and municipalities meet the highest expectations of our clients and their
customers." Wilhelm concluded by noting, "I'm also pleased that our team was
able to add and retain this business while we at the same time were in the
process of closing our Central Parking merger and undertaking the
integration.It is a credit to our organizational depth and the thoroughness
of our merger planning efforts."
About Standard Parking Corporation
Standard Parking is a leading national provider of parking facility
management, ground transportation and other ancillary services.Including
Central Parking Corporation, its wholly-owned subsidiary, the Company has
approximately 26,000 employees and manages more than 4,200 facilities with
more than 2.2 million parking spaces in hundreds of cities across North
America. The operations include parking-related and shuttle bus operations
serving more than 75 airports. USA Parking System, a wholly-owned subsidiary
of Central Parking, is one of the premier valet operators in the nation with
more four and five diamond luxury properties, including hotels and resorts,
than any other valet competitor. More information is contained at
www.standardparking.com and www.centralparking.com.
About SP Plus®
The Company's broad range of competencies within the various vertical markets
is reflected through its SP Plus^® brand, which includes market designations
for SP Plus^® Airport Services, SP Plus^® Event Services, SP Plus^® Gameday,
SP Plus^® Healthcare Services, SP Plus^® Hotel Services, SP Plus^® Municipal
Services, SP Plus^® Office Services, SP Plus^® Residential Services, SP Plus^®
Retail Services and SP Plus^® University Services. The Company's SP Plus^®
Transportation, SP Plus^® Maintenance and SP Plus^® Security Services product
offerings augment the Company's core parking management services. More
information is contained at www.spplus.com.
CONTACT: Media Contact:
Michael K. Wolf
Standard Parking Corporation
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