Standard Parking to Manage Parking for University of Maryland, Baltimore

Standard Parking Corporation (NASDAQ:STAN), one of the nation's leading providers of parking management services, announced that the University of Maryland, Baltimore has awarded it a multi-year contract to manage and staff its parking operation.
The University has over 6,700 campus parking spaces in seven garages and seven surface lots. In addition to its responsibilities for UMB's normal campus parking activity, the Company will manage campus parking activity generated by Baltimore Ravens and Baltimore Orioles home games, which are played a few blocks away.

The University of Maryland, Baltimore is a public, 60-acre research and technology complex encompassing 58 buildings in west Baltimore near the Inner Harbor. The University Center complex has over 10,000 employees and approximately 5,600 students enrolled in seven professional schools. The University of Maryland Medical Center and its 747-bed tertiary care hospital complex also is contained within the campus.

"We are excited about providing our parking management services at the University of Maryland, Baltimore and look forward to working with the University to achieve all of its parking-related goals and objectives," noted John W. Madden, Jr., Standard Parking's Senior Vice President of Operations.

About Standard Parking Corp.

Standard Parking Corporation, with approximately 12,000 employees, manages approximately 2,000 parking facilities containing over one million parking spaces in more than 320 cities across the United States and Canada, including parking-related and shuttle bus operations serving approximately 60 airports.

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