Ace Parking Continues Texas Hotel Growth; Hilton Americas - Houston Joins Ace Portfolio

HOUSTON--Sept. 13, 2005--Ace Parking Management, Inc., North America's largest privately-owned parking and valet contractor, has announced a major addition to its growing list of Texas clients: The Hilton Americas - Houston hotel in Houston, TX.

Hilton Americas is Houston's largest convention hotel, located downtown and steps from Minute Maid Park and the Toyota Center. The facility has over 1,200 rooms and 91,000 sq. ft. of meeting space and is considered to be one of the country's most luxurious and unique convention hotels.

"Our primary concern is creating a first-class, memorable experience for our guests," said Hilton Americas manager Tod Chambers. "We felt Ace Parking was best situated to deliver that level of service."

Since 2000, Ace Parking has been awarded a number of high-profile hotel contracts in Texas including the St. Regis Hotel, Houston, Hyatt at Reunion, Dallas, the Fairmont Hotel, Dallas, the Grand Hyatt DFW and Hotel Valencia Riverwalk, San Antonio. The Hilton Americas represents the largest hotel in Ace Parking's portfolio.

"We're pleased to be entrusted with the parking and valet operations of another prestigious Texas hotel," said John Baumgardner, Ace Parking vice chairman. "Our Texas operations have grown almost 400% in five years, which is a testament to the level of customer service our management team and employees provide day in and day out."

About Ace Parking

Ace Parking is North America's largest privately-held parking and valet contractor, with operations in five states and employing over 4000 employees. Its Texas operations include the City of Houston, County of Dallas, Dallas Fair Park complex, Dallas Convention Center, Airpark DFW and the Capital Center Austin. It is currently under the ownership of Chairman Scott A. Jones. Scott's son Keith Jones joined the business in 2004, and represents Ace Parking's third-generation of ownership.

For more information visit www.aceparking.com.