MONTREAL, June 18 /CNW Telbec/ - With the troubled economy and financial
concerns on the minds of many Canadians, one Quebec man's simple method of
saving change paid off nicely today with enough cash to take an unexpected
summer vacation in Maine.
For years, Robert Paquet, a Quebec City businessman, has taken the loose
change he finds in his pockets at the end of each day and puts it into a
canvas bag at home.
Today he cashed in his latest stash of coins at a local Coinstar Centre
in the Provigo grocery store in Sainte-Foy, Quebec. The proceeds after about
three years of effort-free collecting added up to nearly $3,000 - enough to
pay for an idyllic and long-awaited summer vacation in Maine with his
girlfriend - a holiday he didn't think he could afford this year.
"The first time I cashed in my coins in 2002 I couldn't believe it - I
had $5,200," says Paquet. "Then in 2004, I cashed in about $2,000. Putting
spare change away each day is an easy way to save money without even trying.
This year I've managed to cash in enough for an exciting trip for two that I
didn't think I could afford. I'm thrilled."
Coinstar research indicates that approximately $1.9 billion in loose
change is sitting idle in Canadian households at any given time. That
translates into roughly $140 per household.
Coinstar(R) patented self-service coin-counting kiosks are easy and fun
to use. Just pour in your jar of mixed coins and watch them add up. Each
Coinstar Centre accurately counts up to 600 coins per minute, saving the time
and effort of counting, sorting or rolling. When you cash in at a retail store
you'll get a voucher to redeem for cash at the store checkout or apply to your
purchases. When you cash in at a bank or credit union, you'll get a voucher to
redeem for cash at the teller or deposit into your account. For info on
Coinstar Centre locations visit www.coinstar.ca.
About Coinstar, Inc.
Coinstar, Inc. (NASDAQ: CSTR) is a multi-national company offering a range
of 4th Wall(R) solutions for the retailers' front of store consisting of
self-service coin counting, DVD rental, money transfer, electronic payment
solutions, and entertainment services. The Company's products and services can
be found at more than 90,000 points of presence including supermarkets, drug
stores, mass merchants, financial institutions, convenience stores,
restaurants and money transfer agent locations. For more information, visit
/NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
the CNW Photo Network and archived at http://photos.newswire.ca.
Additional archived images are also available on the CNW Photo Archive
website at http://photos.newswire.ca. Images are free to accredited
members of the media/
For further information:
For further information: Coinstar Media Contact: Janie Mercky, (514)