Coinstar and American Red Cross Form Nationwide Partnership.Business/High Tech Editors BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 19, 2000 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 a nationwide partnership with the American Red Cross American Red Cross: see Red Cross. in which the Coinstar network is programmed to accept monetary donations on behalf of the country's most trusted non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. . Participating locations on the Coinstar network will carry the Red Cross donation feature year round beginning on October 1. In addition, Coinstar will work with the Red Cross to more prominently display the donation feature at times when the Red Cross is providing its well-known disaster relief services. One year after Hurricane Floyd This article is about the 1999 hurricane. For other storms of the same name, see Tropical Storm Floyd (disambiguation). Hurricane Floyd was the sixth named storm, fourth hurricane, and third major hurricane in the 1999 Atlantic hurricane season. devastated dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. much of the Mid-Atlantic coast, the American Red Cross commissioned a national poll, which revealed that only half of those living in hurricane-prone states are concerned that they might be in harm's way harm's way n. A risky position; danger: a place for the children that is out of harm's way; ships that sail into harm's way. because of a hurricane or flood in Verb 1. flood in - arrive in great numbers arrive, come, get - reach a destination; arrive by movement or progress; "She arrived home at 7 o'clock"; "She didn't get to Chicago until after midnight" the foreseeable future. Only 41 percent have an evacuation plan; 39 percent know where they would stay if they had to evacuate; 22 percent have informed their children; 28 percent have considered their pet; and only 30 percent have assembled a disaster supplies kit A disaster supplies kit is a collection of basic items that members of a household may need in the event of a disaster. General Supplies
"Coinstar is proud to help the American Red Cross educate the public on how to respond to the threat of a hurricane. We are also happy to serve as a donation point for people interested in supporting the Red Cross and its efforts to help people in times of need," said Dan Gerrity, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Coinstar. "The American Red Cross relies on the generosity of the American public and companies like Coinstar to support the life-saving services it provides everyday in communities across the country. We are pleased to be working with Coinstar to offer another way for Americans to help the Red Cross help people," said Jennifer Dunlap, senior vice president of development at the American Red Cross. The agreement with the American Red Cross is part of Coinstar's Coins that Count(TM), a program that has so far collected more than $1.5 million on behalf of non-profit organizations. "More than 100 million Americans pass by a Coinstar machine each week, making Coinstar a convenient way to donate," continued Coinstar's Gerrity. "Coinstar's Coins that Count is an efficient collection method for our non-profit partners. Each Coinstar machine is part of a sophisticated network which means we can easily monitor and quickly transfer donated monies." About Coinstar Inc. Recently ranked the country's eighteenth fastest growing technology company, Coinstar Inc. (Nasdaq:CSTR) and its subsidiaries, Meals.com and Coinstar International, use technology to deliver time and money saving services to consumers in their local supermarkets. Coinstar's 8,000 strong network of machines is currently available to 125 million consumers in 43 states and 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). , as well as in Canada and the United Kingdom. Consumers can visit www.findcoinstar.com or call 800/928-CASH to find the nearest Coinstar(R) machine. About the American Red Cross The American Red Cross is dedicated to helping make families and communities safer at home and around the world. A volunteer-led humanitarian service organization, the American Red Cross annually provides almost half the nation's blood supply, trains more than 11.7 million people in vital lifesaving skills, mobilizes relief to victims in more than 60,000 disasters nationwide, provides direct health services health services Managed care The benefits covered under a health contract to 2.5 million people, assists in international disaster and conflict victims in more than 20 countries, and transmits more than 1.4 million emergency messages to members of the U.S. Armed Forces and their families. This press release contains forward-looking statements 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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