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Albertsons is First National Partner to Roll-Out Coinstar Prepaid Products.


BELLEVUE, Wash. -- Coinstar Inc. (Nasdaq:CSTR CSTR Centre for Speech Technology Research
CSTR Canister
CSTR Continually Stirred Tank Reactor
CSTR Center for Software Testing Research (Florida Tech)
CSTR Combat System Trial Rehearsal (US DoD) 
), the leader in self-service coin counting and supplier of e-payment products, today announced that Albertsons Inc. (NYSE NYSE

See: New York Stock Exchange
:ABS), one of the company's largest retail partners, is rolling out Coinstar's e-payment products and services in over 1,800 grocery and drug store locations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

"We couldn't be more delighted that Albertsons is our first national partner to adopt our e-payment product line in its grocery and drug store locations," said Rich Stillman, President of Coinstar Inc.

"E-payment services are consistent with our brand promise to help make life easier for our customers," stated Pam Powell, Albertsons Senior Vice President of Customer Service. "Coinstar's products provide consumers with a convenient, self-service solution for purchasing and reloading Reloading

A term lenders commonly use to refer to the habits of borrowers taking out loans to repay the balance on other loans. Often reloading is done to take advantage of lower interest rates offered by other loans, and potential tax benefits.
 popular prepaid products."

Coinstar(R) Centers with self-service coin counting are currently installed in more than 1,650 Albertsons supermarkets and more than 150 drug store locations. By the end of this year, Coinstar expects all 1,800 installed Albertsons locations to be equipped with Coinstar's e-payment services, including prepaid wireless airtime and Green Dot(TM) Prepaid MasterCard(R) cards.

E-Payment Product Offerings

Green Dot(TM) Prepaid MasterCard(R) Card:

This stored-value card A smart card that is "loaded" with cash. See smart card.  may be purchased at the Coinstar Center and loaded with dollar amounts from $20 to $500. Once ordered through the Coinstar Center, the personalized, embossed em·boss  
tr.v. em·bossed, em·boss·ing, em·boss·es
1. To mold or carve in relief: emboss a design on a coin.

2.
 Green Dot(TM) Prepaid MasterCard(R) card is sent to the purchaser's home and is good anywhere MasterCard is accepted. Consumers can also easily replenish the value on their card during future visits to the Coinstar Center.

Prepaid Wireless Airtime:

Consumers with prepaid wireless accounts can use the Coinstar Center to replenish airtime minutes with most of the national carriers including ALLTEL, AT&T, Cingular, T-Mobile, TracFone, and Verizon.

Albertsons is one of the world's largest food and drug retailers, with annual revenues of approximately $36 billion. Based in Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation).

Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area.
, Albertsons operates approximately 2,300 retail stores in 31 states across the United States, including the banners Albertsons, Jewel-Osco, Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point".

2. A program for MS-DOS.
, Albertsons-Osco, Albertsons-Save-On, Save-on Drugs, Osco Drug Osco Drug is a chain of pharmacy stores which operate under Supervalu Pharmacies. Most Oscos currently can be found in Jewel supermarkets. Since 2006, Osco is a wholly owned subsidiary of Supervalu Pharmacies of Eden Prairie, Minnesota-based Supervalu.  and Super Saver Super saver may refer to:
  • Super Saver Foods, a grocery store chain
  • $uper $aver, a game played on The Price is Right.
  • Super saver, a term used by advertisers.
.

About Coinstar Inc.

Coinstar Inc. (Nasdaq:CSTR), founded in 1991, pioneered self-service coin counting to provide consumers a convenient and innovative means to convert loose coins into cash. Today, Coinstar Inc. is a multi-national company offering a range of products consisting of coin counting, electronic payment solutions, and amusement vending at more than 40,000 retail locations including supermarkets, drug stores, mass merchants, truck stops and restaurants. American Coin Merchandising Inc. and Cell Cards of Illinois, L.L.C., operate as wholly-owned subsidiaries of Coinstar Inc. For more information visit www.coinstar.com.

This press release contains forward-looking statements relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the expansion and growth of Coinstar, Inc.'s business that involve a number of risks and uncertainties. These are forward-looking statements for purposes of the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. The words "believe," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. The forward-looking statements are not guarantees of future performance and actual results may vary significantly from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Inc., as well as from risks and uncertainties beyond Coinstar, Inc.'s control. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause or contribute to such differences include, but are not limited to, interruption or delay in manufacturing or installing machines or new technology at Albertsons, continuation of Coinstar's relationships with service providers, additional potential competitors, and uncertainties relating to the ultimate success of new business initiatives. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review the most recent reports filed with the Securities and Exchange Commission by Coinstar, Inc. These forward-looking statements reflect Coinstar, Inc.'s expectations as of July 29, 2004. Coinstar, Inc. undertakes no obligation to update the information provided herein.

Coinstar is a registered trademark of Coinstar, Inc. All other trademarks and registered trademarks are the property of their respective owners.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 29, 2004
Words:701
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