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Non-Tech : Outerwall (OUTR), formerly Coinstar (CSTR) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Hoftell who wrote (189)	12/2/1998 1:51:00 PM
From: david siple	Read Replies (1) \| Respond to of 351

Hi all: latest CSTR NEWS to follow. I haven't been around for awhile, but I still hold this stock and continue to accumulate. The company idea is awesome. 1 Billion in "coins" is just the beginning. GL to all. P.S. Call yr local Supermerket and suggest the idea that thay put one of these machines in. Sooner or later, this will FLY.Consumers Cash in More Than $1 Billion in Change Through Self-Service Coin Counting Machines BusinessWire, Tuesday, December 01, 1998 at 11:50 BELLEVUE, Wash.--(BUSINESS WIRE)--Dec. 1, 1998--Coinstar Inc. (NASDAQ:CSTR) today announced that Americans have cashed in more than one billion dollars of their pennies, nickels, dimes and quarters using the company's nationwide, on-line network of self-service coin counting machines. Coinstar(R) machines, located in more than 4,600 supermarkets in 35 states, allow shoppers to empty their piggy banks and coin purses in exchange for cash. The popularity of the machines is prompting tens of millions of Americans to quickly turn their coins back into cash. "Consumers are beginning to capture a tremendous amount of spending power," said Jens Molbak, founder and CEO of Coinstar Inc. "Our customers are surprised to learn how quickly they can accumulate a significant amount of money in loose change." More than 70,000 tons of coins have been processed though Coinstar's self-service machines since Molbak installed the company's first machine in San Francisco six years ago. Company research indicates that more than half its customers are already repeat users who regularly process change they receive from their daily cash transactions. The typical American touches about $600 per year in coins. "With about $144 billion worth of change circulating through the economy each year, and banks that are increasingly reluctant to count their customers' coins, it's no wonder that people are turning to our machines in record numbers," continued Molbak. "Our supermarket-based machines make it convenient for people to cash in their coins on their regular shopping trip." The green and blue Coinstar(R) machines are typically located near the front end of the supermarket. Customers simply pour their unsorted coins into the machine and receive a voucher good for cash or supermarket credit at the checkstand. Coinstar Inc. develops, owns and operates a network of automated, self-service coin counting and processing machines that provide consumers with a convenient means of converting loose coins into cash. More than 4,600 Coinstar machines are installed in 35 states throughout the U.S. Consumers can call 1-800-928-CASH or visit coinstar.com for the location of the nearest Coinstar machine. Photos can be downloaded from the Coinstar website at: coinstar.com. 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. CONTACT: Coinstar, Inc. David Herrick, 425/943-8205