Central Parking Corporation Signs Contract Extension with Boca Raton Resort and Club.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 27, 2003 Central Parking Corporation (NYSE NYSE See: New York Stock Exchange :CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. ) today announced that its USA Parking System, Inc. subsidiary has been awarded a five-year contract extension to manage valet parking valet parking n. Parking arrangements provided by a commercial establishment, such as a restaurant, whereby patrons leave their cars at the entrance and attendants park and retrieve them. Noun 1. operations for the Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. Resort and Club in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. . USA Parking provides doormen and staff for eight valet locations throughout the 356-acre resort and manages 650,000 vehicle transactions per year. William H. Bodenhamer, Jr., President and Chief Executive Officer of USA Parking, commented, "We are honored to renew our agreement with this world-renowned destination resort and private club. To enhance the total hospitality experience for guests and maximize revenue integrity, USA Parking is updating the Computerized Valet Parking System (CVPS CVPS Central Vermont Public Service ) with portable workstations, remote vehicle request kiosks, digital imaging vehicle capture capabilities and revenue control software." "Our relationship with USA Parking continues to grow," said David Feder, President of Boca Resorts, Inc. (NYSE: RST). "Our mission is one of providing professional, friendly and responsive service resulting in a truly unique and memorable experience for our guests. We demand the best and I know Bill Bodenhamer and the USA Parking staff are the best at what they do." USA Parking System, Inc., headquartered in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. , specializes in parking management and transportation services for luxury, full-service hotels and related facilities. USA Parking manages 110 parking facilities in eight states and Puerto Rico including valet services at three other Boca Resorts, Inc. locations: Hyatt Regency Pier Sixty-Six, Radisson Bahia Mar Beach Resort and Grand Oaks Golf Club. Central Parking Corporation, headquartered in Nashville, Tennessee, is a leading global provider of parking and transportation management services. The Company operates approximately 3,800 parking facilities containing more than 1.6 million spaces at locations in 39 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Canada, Puerto Rico, the United Kingdom, the Republic of Ireland, Mexico, Chile, Peru, Colombia, Venezuela, Germany, Switzerland, Poland, Spain and Greece. This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the Company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company's periodic reports filed with the Securities and Exchange Commission. |
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