News Releases

Towne Park Named to the Inc. 5000 List for the Third Time

Towne Park Recognized in the 2010 Inc. 5000 List of America's Fastest-Growing Private Companies

ANNAPOLIS, Md., Aug. 26 /PRNewswire/ -- Towne Park, America's valet parking and parking management experts, announced today that it was named to the 2010 Inc. 5000 list of America's Fastest-Growing Private Companies.  Towne Park was named on the inaugural Inc. 5000 list in 2007 ranking #3,857 and appeared on the list again in 2009 at #3856.  This year, Towne Park is ranked #2147.  Towne Park's other Inc. 5000 rankings include #8 in the Top 10 Job Creators, #25 in the Top 100 Companies by Employee Count, #43 in Baltimore, and #45 in the Human Resources category.

(Logo:  http://photos.prnewswire.com/prnh/20100817/INC5000LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100817/INC5000LOGO)

Towne Park CEO and Founder Jerry B. South shared, "Making the list once is a feat.  Making the list three times is sustainability.  Despite the economic downturn over the last two plus years, we acquired a company launching Towne Park into a new vertical market, sustained an organic growth rate of over 20% annually, and created over 1,000 jobs in 2009.  This is all possible through great talent and a committed team, only the very best.  Being named on the list three times establishes Towne Park as America's valet parking and parking management experts and positions us for future growth and opportunities."

About the Inc. 500 | 5000 List

The Inc. 500|5000 lists the 5,000 fastest-growing private companies in the nation.  The Inc. 500|5000 ranks companies according to the percentage growth of their annual revenue over a three-year period.  The Inc. 5000 posted an aggregate revenue of $321.6 billion in 2009, up more than 50 percent from the previous year.  In total, the companies on the Inc. 5000 have created 1.4 million jobs.  For more than 30 years, Inc.'s list has served as evidence of the significant accomplishments of the enterprises represented.  And, more than ever, this year's list is a testament to the creativity, resilience, and tenacity of America's top entrepreneurs.  Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on http://www.inc.com/5000.

About Towne Park

Serving people is our passion. On behalf of our 300 hotel and healthcare customers, we welcome thousands of guests and patients every day from coast to coast. Towne Park is driven to serve with a passion for excellence in all we do. Towne Park is America's valet parking and parking management expert.  Visit townepark.com to learn more.

SOURCE Towne Park

For further information: Suzanne Reese, Director of Communications of Towne Park, Phone, 1-800-291-6111, Fax, +1-410-267-0743, sreese@townepark.com