Coinstar Added to Russell 2000 Index.BELLEVUE, Wash.--(BUSINESS WIRE)--July 15, 1999-- 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) ), a retail-based coin counting and electronic commerce company, today announced that it has been added to the Russell 2000(R) and Russell 3000(R) indexes, two of the leading indexes used to measure the performance of the largest US companies based on total market capitalization Total Market Capitalization The total market value of all of a firm's outstanding securities. . "We are excited to be recognized among the most valuable companies in the country," said Jens Molbak, Chairman and Chief Executive Officer. "Coinstar's inclusion in the Russell indexes Russell Indexes US equity index widely used by pension and mutual fund investors that are weighted by market capitalization and published by the Frank Russell Company of Tacoma, Washington. is a reflection of our dynamic growth and our ability to execute on our strategy to aggressively grow our domestic core coin recycling business and enhance our position as the leading provider of self-service coin processing services." The Russell indexes serve among the leading benchmarks for investment evaluation, and according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Frank Russell Frank Russell may refer to the following people:
Coinstar Inc. and its subsidiaries provide consumers and retailers with value-added services that increase customer loyalty and retailer profitability. The Coinstar network currently delivers the company's self-service coin counting product to more than 5,800 leading supermarkets in 38 U.S. states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , the United Kingdom and Canada. The company's new Coinstar Shopper product is designed to bridge the gap between the Internet and the store. Consumers can call 1-800-928-CASH, or visit http://www.coinstar.com for the location of the nearest Coinstar machine. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. Actual results could differ materially from the results identified or implied in any forward-looking statement discussed herein. Factors that could cause or contribute to such differences include, but are not limited to, the risks that are more fully described under the caption "Risk Factors" included in the most recent reports filed with the Securities and Exchange Commission by Coinstar Inc. |
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