Exhibit 99.1

                          STANDARD PARKING CORPORATION
                      COMPLETES ACQUISITION OF G.O. PARKING

Chicago,  IL - February 1, 2008 - Standard Parking  Corporation  (NASDAQ:  STAN)
today  announced that it has completed the acquisition of certain assets of G.O.
Parking in Chicago,  Illinois.  The  acquisition  adds 25  locations to Standard
Parking's portfolio.

James A. Wilhelm,  President  and Chief  Executive  Officer of Standard  Parking
said, "The acquisition of G.O. Parking marks our second substantial  acquisition
in the Chicago market.  Chicago continues to be one of our key markets, and this
acquisition  will  give  us  a  leading  position  in  the  Chicago  residential
marketplace.

"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.  While the acquisition will add  significantly
to operating  income and free cash flow,  the net income impact will be tempered
by  purchase  accounting.  We expect  this  acquisition  to 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
services.  The Company provides on-site  management  services at multi-level and
surface parking  facilities for all major markets of the parking  industry.  The
Company  manages  over 2,000  facilities,  containing  over one million  parking
spaces,  in more than 320 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 February
1, 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.

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This document and the attachments contain 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-looking  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 manage,
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


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