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Coinstar Inc. Appoints Two Top Sales and Marketing Officers.


BELLEVUE Bellevue (bĕl`vy).

1 City (1990 pop. 30,982), Sarpy co., E Nebr., a suburb of Omaha, on the Missouri River; inc. 1855.
, Wash.--(BUSINESS WIRE)--Jan. 5, 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) 
) today announced the appointment of Ian Melanson to the position of Vice President of Sales and Marketing and the promotion of Bill Booth to the position of Vice President of Retail Development.

"These key appointments add depth and stability to our marketing team as we begin the new year," said Dan Gerrity, president and COO (Cell Of Origin) See mobile positioning.  of Coinstar Inc. "Ian and Bill are respected industry professionals committed to rapidly growing our business."

As Vice President of Sales and Marketing, Ian Melanson will be responsible for the overall growth of the Coinstar(R) network, the continued growth of top-line revenue, and the development of new products and services that leverage the company's nationwide supermarket-based network.

Mr. Melanson's experience includes McKinsey and Co., where he created business concepts for some of North America's most respected retailers and consumer products companies. As a member of McKinsey's marketing and retailing practices, Mr. Melanson developed leading-edge micro-marketing approaches for his clients.

Mr. Melanson is also a brand management expert, having developed and managed major product introductions in his nearly five years with Procter

Main article: Procter (surname)
Procter is a surname, and may also refer to:
  • Procter & Gamble, consumer products multinational
  • Goodwin Procter, American law firm
 & Gamble Inc.

As Vice President of Retail Development, Bill Booth will lead the national sales force responsible for placing Coinstar units in new retail locations. In addition, he will oversee the relationships between Coinstar Inc. and its retail partners.

Mr. Booth joined Coinstar in 1995 as Director of Retail Account Development and was later promoted to Executive Director of Retail Development. The Coinstar network has grown during Mr. Booth's tenure from roughly 50 installations to more than 4,800 today.

Prior to joining Coinstar, Mr. Booth was Senior Director of Retail Marketing Services for Catalina Catalina may refer to:

In geography:
  • Catalina, Arizona
  • Catalina, Romania
  • Catalina, Dominican Republic, an island off the coast of the province of La Romana.
 Marketing Corporation where he expanded their retailer network of electronic couponing cou·pon·ing  
n.
The sending out or turning in of coupons, especially the regular redemption of a manufacturer's coupon for cash.
 systems. His experience also includes account development positions with Citicorp POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
 and Datachecker Systems Inc.

Coinstar Inc. develops, owns and operates a network of automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
, self-service coin counting and processing machines that provide consumers with a convenient means of converting loose coins into cash. More than 4,800 Coinstar machines are installed in 37 states throughout the U.S. 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.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 5, 1999
Words:444
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