1059262--3/10/2006--STANDARD_PARKING

related topics

{loss, insurance, financial}

{capital, credit, financial}

{operation, natural, condition}

{acquisition, growth, future}

{product, liability, claim}

{cost, operation, labor}

{cost, regulation, environmental}

{personnel, key, retain}

{debt, indebtedness, cash}

{competitive, industry, competition}

{tax, income, asset}

{stock, price, operating}

{condition, economic, financial}

{regulation, government, change}

{interest, director, officer}

{product, market, service}

Our indebtedness could adversely affect our financial health and prevent us from fulfilling our obligations. Our working capital and liquidity may be affected if a significant number of our clients require us to deposit all parking revenues into their respective accounts. Our business would suffer if the use of parking facilities we operate decreased. The operation of our business is dependent upon key personnel. We have significant financial obligations under our lease at Bradley International Airport. Our business would be harmed if fewer clients obtain insurance coverage through us. Additional funds would need to be reserved for future insurance losses if such losses are worse than expected. We face business and financial risk in implementing our growth strategy. Our ability to expand our business will be dependent upon the availability of adequate capital. The failure to successfully integrate possible future acquisitions or new contracts could have a negative impact on our business. Our management contracts and leases expose us to certain risks. Our business may be harmed as a result of terrorist attacks. We operate in a very competitive business environment. Increased government regulation of airports and reduced air travel may affect our performance. The sureties for our performance bond program may require additional collateral to issue or renew performance bonds in support of certain contracts or may elect not to provide us with new or renewal performance bonds for any reason. We do not maintain insurance coverage for all possible risks. We believe that our client base is becoming more concentrated. We must comply with regulations that may impose significant costs on us. Prior transactions may limit our ability to utilize our remaining net operating losses and may accelerate future payment of taxes. We may be unable to renew our insurance coverage. Our parent company, Steamboat Industries LLC, and its wholly owned subsidiary, Steamboat Industries, N.V., which are controlled by our chairman, control our major corporate decisions. A majority of our board of directors are not considered independent under the rules of The NASDAQ Stock Market, Inc. Many of our employees are covered by collective bargaining agreements. Economic and demographic trends could materially adversely affect our business.

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1059262--3/10/2006--STANDARD_PARKING_CORP