BELLEVUE, WA and PLEASANTON, CA–(Marketwire – Jun 9, 2011) – Coinstar, Inc. (NASDAQ: CSTR), with its arch self-service coin-counting brand, and Safeway Inc. (NYSE: SWY), a baton in the bazaar industry, today appear an acceding to install about 1,400 Coinstar® kiosks in Safeway’s aliment in the United States and Canada by the end of 2011.
“Coinstar brings a turnkey account and two decades of acquaintance managing the operational intricacies associated with self-service bread kiosks,” said Brian Dowling, carnality admiral of Public Affairs for Safeway. “We are assured our barter will be admiring with the adaptability of actuality able to about-face their bill into cash, abundance purchases, or, in the future, a allowance card.”
Coinstar kiosks are accepted to be installed in Safeway aliment and its banners including Vons, Dominick’s, Randalls, Tom Thumb, Genuardi’s, Pavilions, Carrs and Pak N’ Save. Installations are planned to activate this month.
“We allotment Safeway’s eyes of accouterment affection products, addition and a absolute customer experience,” said Mike Skinner, admiral of Coinstar’s Bread business. “As a baton in self-service coin-counting, our patented technology and artefact offerings accord Safeway consumers the absolute in convenience, amount and choice.”
With Coinstar, consumers can calmly about-face their bill into cash, administer their bread amount to abundance purchases or accord to a non-profit organization. In the future, Coinstar and Safeway plan to action consumers a no-fee advantage back consumers accept a allowance agenda or eCertificate from a array of civic retailers.
Coinstar, a Coinstar, Inc. brand, is the baton in the self-service coin-counting casework and owns and operates the alone multi-national, absolutely automatic arrangement of self-service coin-counting kiosks. The aggregation has about 18,800 coin-counting locations in the United States, Canada, Puerto Rico, Ireland and the United Kingdom, and back its inception, Coinstar has candy added than $27 billion in change. Coinstar makes it simple to catechumen bill to banknote or abundance acclaim or consumers can accept no-fee coin-counting back allotment a allowance agenda or eCertificate. For added advice on Coinstar coin-counting appointment www.coinstar.com and for advice on Coinstar, Inc., appointment www.coinstarinc.com.
Safeway Inc. is a Fortune 100 aggregation and one of the better aliment and biologic retailers in North America, based on sales. The aggregation operates 1,694 aliment in the United States and western Canada and had anniversary sales of $41.1 billion in 2010. The company’s accepted banal is traded on the New York Banal Exchange beneath the attribute SWY. For added information, appointment www.safeway.com.
Certain statements in this columnist absolution are “forward-looking statements” aural the acceptation of the Private Securities Litigation Reform Act of 1995, including phrases carrying apprehension or absorbed and added expressions anecdotic approaching performance. Advanced statements are not guarantees of approaching achievement which may alter materially from achievement bidding or adumbrated in the advanced statements. Differences may aftereffect from accomplishments taken by Coinstar, Inc. or Safeway as able-bodied as those of third parties and from risks and uncertainties above our control. Such risks and uncertainties include, but are not bound to, changes in the cardinal and timing of advancing locations, the casework or articles accessible at anniversary kiosk, and the termination, non-renewal or renegotiation on materially adverse acceding of the acceding amid Coinstar, Inc. and Safeway. The above risks and uncertainties are illustrative, but by no agency exhaustive. For added advice on factors that may affect approaching performance, amuse analysis “Risk Factors” declared in our best contempo Form 10-K and Form 10-Q filed with the Securities and Exchange Commission. These advanced statements reflect Coinstar, Inc.’s expectations as of the date of this release. Coinstar, Inc. undertakes no obligation to amend the advice provided herein.
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