BELLEVUE, Wash. - (Business Wire) Coinstar E-Payment Services, a subsidiary of Coinstar, Inc., today announced that its full range of Pay As You Go products and services will be available in TravelCenters of America LLC full-service travel centers operating under the
“TA,
” “TravelCenters of America
” and
“Petro Stopping Centers
” brands.
The lineup of Coinstar Pay As You Go products includes prepaid wireless, long distance, gift cards, financial services such as prepaid re-loadable and one-time gift debit cards and more. These products and services will be available across the country at more than 230 TA and Petro locations by the end of May.
“We’re excited about working with TA to provide an optimal product and merchandising mix to match their customer demographics and preferences in various regions,” said Mike Skinner, general manager of Coinstar E-Payment Services. Our ‘Pay As You Go’ product suite is ideally suited for people on the move and is complementary to TA’s approach of providing many convenient services at one stop.”
Coinstar E-Payment Services offers a complete Pay As You Go, turnkey solution that is customizable and ensures that the right product mix and product quantity is on hand for retail customers. Coinstar’s service solution requires minimal effort and maintenance, allowing retailers to focus on other business priorities.
As a Coinstar 4th Wall™ customer, TA and Petro have already installed other Coinstar products including amusement vending equipment in more than 85 locations as well as a number of coin counting locations.
About Coinstar, Inc.
Coinstar, Inc. (NASDAQ:CSTR) is a multi-national company offering a range of 4th Wall™ solutions for the retailers’ front of store consisting of self-service coin counting, electronic payment solutions, entertainment services, money transfer and self-service DVD rental. The company’s products and services can be found at more than 50,000 retail locations including supermarkets, drug stores, mass merchants, financial institutions, convenience stores and restaurants.
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Inc., as well as from risks and uncertainties beyond Coinstar, Inc.'s control. Such risks and uncertainties include, but are not limited to, changes in the number and mix of anticipated installations, relocations, and removals, the termination, non-renewal or renegotiation on materially adverse terms of our contracts with our significant retailers, payment of increased service fees to retailers, the ability to attract new retailers, penetrate new markets and distribution channels, cross-sell our products and services and react to changing consumer demands, the ability to achieve the strategic and financial objectives for our entry into or expansion of new businesses, the ability to adequately protect our intellectual property, and the application of substantial federal, state, local and foreign laws and regulations specific to our business. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review "Risk Factors" described in Item 1A of Part I of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. These forward-looking statements reflect Coinstar, Inc.'s expectations as of the date of this release. Coinstar, Inc. undertakes no obligation to update the information provided herein.
Media Contacts:
Coinstar, Inc.
Marci G. Maule, 425-943-8277
mmaule@coinstar.com
or
Porter Novelli
Tera Randall, 206-770-7084
Tera.randall@porternovelli.com
