CHICAGO, Dec. 10, 2008 (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 that it has recently been named a recipient of Oracle Corporation's "Empower the Green Enterprise" award. The award highlights corporate initiatives that support green business practices. Other award winners this year included Alcoa, Dell, Ingersoll-Rand, Motorola, Novartis International AG, PG&E and Sun.
Standard Parking was specifically recognized for its streamlined implementation of financial management, service contract and advanced procurement software that will have substantial "green" implications. The Company projects that its new electronic billing and payment methods for monthly parkers will reduce its annual paper consumption by 312 tons, which translates into saving 624 tons of trees, 5.1 million gallons of water, over 600,000 pounds of solid waste and close to 19,000 pounds of air emissions.
Thomas L. Hagerman, Standard Parking's Executive Vice President and Chief Operating Officer, stated that, "Standard Parking is a strong advocate of sustainable business practices and 'green' products in the management of its parking locations. Our ongoing mission is to become more efficient, lower operating costs and reduce our carbon footprint. We are confident that our technology plans for 2009 and beyond will benefit our clients and at the same time protect the environment."
Standard Parking Corporation, with more than 13,000 employees, manages approximately 2,200 parking facilities containing over one million parking spaces in more than 330 cities across the United States and Canada, including parking-related and shuttle bus operations serving approximately 60 airports.