Press release from PR Newswire
Coinstar Centers Expanding Free Coin Counting Options for Music Lovers
Friday, April 30, 2010
Coinstar Centers Expanding Free Coin Counting Options for Music Lovers08:00 EDT Friday, April 30, 2010Cash In For Free When You Choose an Amazon MP3-branded Gift CardBELLEVUE, Wash., April 30 /PRNewswire-FirstCall/ -- Coinstar, Inc. (Nasdaq: CSTR) today announced it will be working with Amazon.com to offer another convenient way for consumers to use cash to purchase music downloads. The Coinstar and Amazon collaboration makes it possible for consumers to exchange coins at Coinstar Centers� ? with no transaction fee ? for a gift card redeemable for Amazon MP3 music downloads or millions of other items at www.amazon.com."Coinstar is constantly looking for offerings that make using coins for online or retail purchases easier for consumers," said Engle Saez, vice president of product management and consumer experience at Coinstar.To kick off the new offering, Coinstar and Amazon are hosting a promotion to help consumers get even more for their coins. Between now and May 31, consumers get a bonus code for Amazon MP3 music downloads when they redeem Amazon MP3-branded gift cards from Coinstar ? the bonus code will be worth $1 for every $5 in Amazon MP3-branded gift cards redeemed, up to $5 in bonus code value. For promotion details visit http://www.coinstar.com/amazon."We are excited to be working with Coinstar to offer our customers more purchasing options," said Kristin Smith, senior manager of digital music at Amazon. "We think Amazon MP3 customers will enjoy the ease at which they can turn loose change into songs for their music library."The average American household has an estimated $90 in loose change, that's typically enough to fill your MP3 player with all of Amazon MP3's top 10 bestselling albums and songs. For more information about Coinstar's free coin counting program, which offers gift cards and eCertificates from a variety of national retailers, visit coinstar.com. About Coinstar, Inc.Coinstar, Inc. (NASDAQ: CSTR) is a leading provider of automated retail solutions offering convenient services that make life easier for consumers and drive incremental traffic and revenue for its retailers. The company's core automated retail businesses are self-service coin counting and self-service DVD rental. Other Coinstar services include e-payment and money transfer services. The company's services can be found at more than 95,000 points of presence including supermarkets, drug stores, mass merchants, financial institutions, convenience stores, restaurants, and money transfer agents. For more information, visit www.coinstar.com. Coinstar is an authorized reseller of Amazon.com Gift Cards, which are issued exclusively by ACI Gift Cards, Inc.?an Amazon.com company.SOURCE Coinstar, Inc.For further information: Sydney Siegmeth of Porter Novelli, +1-206-770-7011, Sydney.Siegmeth@porternovelli.com, for Coinstar, Inc.