Central Parking Corporation Subsidiary Awarded Port Everglades Contract.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--April 6, 2004 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 ten-year contract (5-year contract with a 5-year option) to provide parking services for Port Everglades Port Everglades, in Broward County, Florida, is one of the United States's top container ports with more than 5,400 ships at call in a year, a major petroleum storage and distribution hub, and a United States Navy liberty port. It is the deepest of all Florida ports. 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. . The renewal agreement covers 5,000 parking spaces located in two garages and several lots. A third 1,600-space garage is under construction at the Port. The Port garages serve both cruise customers and the Broward County Convention Center. Included in the parking management contract is the operation of the Port's shuttle buses and valet services. Gene Ciccarelli, Deputy Port Director, said, "We are delighted to continue our long-term relationship with USA Parking. They have consistently delivered the services and skills necessary to manage a very busy and growing parking facility." Since welcoming its first cruise ship in 1931, Port Everglades has grown to be one of the top three cruise ports in the world with 3.6 million passengers annually. It is home to 16 cruise lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America , 45 cruise ships This is a list of cruise ships, both those in service and those that have since ceased to operate. Both cruise ships and cruiseferries are included in this list. (Ocean liners are not included on this list, see List of ocean liners. and 2,300 cruise sailings per year. The Port garages also service over 500,000 visitors to the newly expanded Broward County Convention Center. William H. Bodenhamer, Jr. president and chief executive officer of USA Parking, said, "In 1991, Port Everglades became our first major self-parking account in Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. . Our goal has always been to provide a level of service that allows USA Parking the highest level of contract retention. Our staff at the Port consistently delivers the highest level of service to Convention Center visitors and cruise passengers. During the selection process USA Parking was commended for its outstanding revenue controls in place at Port Everglades. Last year, USA Parking accounted for 99.94% of all tickets issued at the Port facilities. Port Everglades parking revenue has grown from $1.2 million dollars in 1991 to over $8 million dollars in 2003 under USA's management." USA Parking System, Inc., a wholly-owned subsidiary of Central Parking Corporation based in Fort Lauderdale, Florida, specializes in parking management and transportation services for luxury, full-service hotels and related facilities. USA Parking manages 110 parking facilities in seven states and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , including two major airports in south Florida (Palm Beach International and Fort Lauderdale-Hollywood International). Central Parking Corporation, headquartered in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. , is a leading provider of parking and transportation-related services. The Company operates approximately 3,700 parking facilities containing more than 1.6 million spaces at locations in 38 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, Chile, Colombia, Germany, Mexico, Peru, Poland, Spain, Switzerland, Venezuela 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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