8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 11, 2008

Standard Parking Corporation
(Exact name of registrant as specified in its charter)

Delaware	000-50796	16-1171179
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

900 N. Michigan Avenue, Suite 1600 Chicago, Illinois	60611
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (312) 274-2000

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
	[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

          On November 11, 2008, Standard Parking Corporation issued a press release announcing that it completed the acquisition of certain assets of Downtown Valet, LLC in Seattle, Washington. A copy of the Company’s press release is attached hereto as Exhibit 99 and is hereby incorporated by reference.

Item 9.01. Financial Statements and Exhibits.

99       Press Release of the Company dated November 11, 2008

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Standard Parking Corporation
Date: November 11, 2008	/s/ G. MARC BAUMANN G. Marc Baumann Chief Financial Officer

EXHIBIT INDEX

99           Press Release of the Company dated November 11, 2008 EX-99.1 2 newsrelease.htm PRESS RELEASE

EXHIBIT 99.1

Standard Parking Corporation Acquires Seattle's Downtown Valet

CHICAGO, Nov. 11, 2008 (GLOBE NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN) today announced that it has completed the acquisition of certain assets of Downtown Valet, LLC in Seattle, Washington. Downtown Valet, one of Seattle's valet parking leaders, provides first class valet services to prominent hotel, restaurant and special event clients, including the Grand Hyatt Hotel, the Pan Pacific Hotel, Daniel's Restaurant and the El Gaucho restaurant chain. The acquisition adds 15 valet locations and numerous special event clients to Standard Parking's portfolio.

In addition, the Company entered into long-term employment contracts with Downtown Valet's principals, Jay Snowden and Martin Montano. Messrs Snowden and Montano will remain responsible for managing the growth of the Company's valet service portfolio in the greater Seattle area.

James A. Wilhelm, President and Chief Executive Officer of Standard Parking said, "I am delighted that we have been able to add Jay Snowden and Marty Montano to our management team. They are seasoned entrepreneurs who are well known in Seattle's valet parking industry for their commitment to excellence in customer service. The consummation of this transaction marks our second acquisition in the Seattle market, and further enhances our ability to grow in the Pacific Northwest."

Wilhelm continued by noting that, "We expect to be able to integrate this acquisition with little or no incremental G&A, thereby realizing a total purchase price multiple within our desired range of 4x to 6x EBITDA. Our expectation is that this acquisition will be accretive on an on-going basis, pending the completion of a purchase price allocation analysis."

Standard Parking is a leading national provider of parking facility management, ground transportation and other ancillary services. The Company, 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.

More information about Standard Parking is available at www.standardparking.com. You should not construe the information on this website to be a part of this report. Standard Parking's annual reports filed on Form 10-K, its periodic reports on Form 10-Q and 8-K and its Registration Statement on Form S-1 (333-112652) are available on the Internet at www.sec.gov and can also be accessed through the Investor Relations section of the Company's website.

DISCLOSURE NOTICE: The information contained in this document is as of November 11, 2008. The Company assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.

This document contains forward-looking information about the Company's financial results that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will" and similar terms and phrases in connection with any discussion of future operating or financial performance. These forward-looking statements are made based on management's expectations and beliefs concerning future events affecting the Company and are subject to uncertainties and factors relating to the operations and business environment, all of which are difficult to predict and many of which are beyond management's control. These uncertainties and factors could cause actual results to differ materially from those matters expressed in or implied by these forward-looking statements. The following factors are among those that may cause actual results to differ materially from forward-look ing statements: the loss, or renewal on less favorable terms, of management contracts and leases; our ability to form and maintain relationships with large real estate owners, managers and developers; integration of future acquisitions in light of challenges in retaining key employees, synchronizing business processes and efficiently integrating facilities, marketing and operations; our ability to renew our insurance policies on acceptable terms, the extent to which our clients choose to obtain insurance coverage through us and our ability to successfully manage self-insured losses; our indebtedness could adversely affect our financial health; availability, terms and deployment of capital; the ability of our majority shareholder to control our major corporate decisions and a majority of our directors are not considered "independent"; the ability to obtain performance bonds on acceptable terms to guarantee our performance under certain contracts; extraordinary events affecting parking at facilities that we ma nage, including emergency safety measures, military or terrorist attacks and natural disasters; changes in federal and state regulations including those affecting airports, parking lots at airports or automobile use; the loss of key employees; changes in general economic and business conditions or demographic trends; and development of new, competitive parking-related services. A further list and description of these risks, uncertainties, and other matters can be found in the Company's Annual Reports on Form 10-K and in its periodic reports on Forms 10-Q and 8-K.

CONTACT:  Standard Parking Corporation
          G. Marc Baumann, Executive Vice President and Chief
           Financial Officer
          (312) 274-2199
          mbaumann@standardparking.com

EX-99.1

  
    Standard Parking Corporation Acquires Seattle's Downtown Valet