Coinstar Inc. Installs 3,000th Coinstar Machine.BELLEVUE, Wash.--(BUSINESS WIRE)--Nov. 19, 1997--Coinstar(R) Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :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) ), which owns and operates a nationwide network of self-service coin counting machines, announced that it has surpassed 3,000 installations. By the end of 1996, the company had installed about 1,500 machines. In approximately 10 months, Coinstar has doubled the number of machines available to U.S. consumers. "This milestone underscores the value of the service that we offer," said Jens Molbak, Coinstar president and chief executive officer. "Nearly everyone has loose coins at home and we make it easy to turn those coins into cash." "The longer our network is in operation the more consumer awareness grows," Molbak continued. "People across the country are now realizing that we offer a simple alternative to the painstaking pains·tak·ing adj. Marked by or requiring great pains; very careful and diligent. See Synonyms at meticulous. n. Extremely careful and diligent work or effort. task of sorting and rolling their coins. We want to be widely available and easily accessible, because convenience is the most important thing we provide." Coinstar places its machines primarily in the supermarkets across the country. Coinstar has added 21 new supermarket partners in 1997, including Dominick's in Chicago, Kash N Karry in Florida, Stater stat·er 1 n. A resident of a particular state or type of state. Often used in combination: Lone Star staters; farm staters; the struggle between slave staters and free staters. Noun 1. Brothers in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and American Stores/Acme Markets in Philadelphia, New York Philadelphia, New York may refer to:
Coinstar has begun adding financial institutions and mass merchandisers to their growing list of partners, including branches of Fifth Third Bank and Midfirst Credit Union in Ohio, as well as Super Target and Fred Meyer in Salt Lake City, and Fred Meyer in Portland, Ore. The company has also recently teamed up with the U.S. Committee for UNICEF UNICEF (y  `nĭsĕf'), the United Nations Children's Fund, an affiliated agency of the United Nations. to utilize the Coinstar network for the purpose of collecting
donations for the aid of children in more than 160 countries.
Coinstar Inc. owns and operates a nationwide network of more than 3,000 automated, self-service coin counting and processing machines that provide consumers with a convenient means of converting loose coins into cash. Coinstar machines are installed in 28 states and 38 regional markets throughout 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. . Consumers can call 800/928-CASH for the location of the nearest Coinstar machine. -0- NOTE TO EDITORS: Visit Coinstar on the World Wide Web at http://www.coinstar.com . CONTACT: Coinstar Dave Herrick or Jed Hamilton, 425/943-8000 |
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