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Coinstar Announces Fourth Patent On Coin Counting Machine.

BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 10, 1998--The United States Patent and Trademark Office has issued a fourth patent to Coinstar Inc. (Nasdaq:CSTR), the developer, owner and operator of a nationwide network of automated, self-service Coinstar(R) coin counting and processing machines. The patent, number 5,799,767, was issued on September 1, 1998.

The patent claims relate to Coinstar's multiple coin-cleaning steps that enable the machine to remove dirt and debris from the coins prior to discrimination.

"The technology necessary to quickly, accurately and reliably clean, count and process coins is complex," said Dan Gerrity, President and COO of Coinstar Inc. "This fourth patent adds to the continued growth of a portfolio designed to protect the technology in which we have made a significant investment. Our inventions and continuous technology enhancements are one of our principal competitive strengths."

Coinstar Inc. develops, owns and operates a nationwide network of more than 4,300 automated, self-service coin counting and processing machines that provide consumers with a convenient means of converting loose change into cash. Coinstar(R) machines are installed in 33 states and 53 regional markets throughout the United States.

The Coinstar machine, primarily located at supermarkets, accepts a consumer's stash of unsorted coins, quickly counting and sorting them at a rate of up to 600 per minute. In return, the customer receives a voucher that can be exchanged for cash or in-store purchases at the checkstand.

Coinstar Inc. was founded in 1991 and is headquartered in Bellevue, Wash. For more information, consumers may call 1-800-928-CASH or visit http://www.coinstar.com on the internet.

CONTACT: Coinstar

Kirk Collamer, 425/943-8000

David Herrick, 425/943-8205
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Publication:Business Wire
Date:Sep 11, 1998
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