RENTON, Wash., July 8, 2014 /PRNewswire/ -- The Seattle
Seahawks and Outerwall Inc. (Nasdaq: OUTR) announced today a
partnership to expand philanthropic support for Seattle youth services. Outerwall, together
with its consumer lines of business,
Redbox® entertainment,
Coinstar® money services, and
ecoATM® electronics recycling kiosks, will team up
with the Seattle Seahawks Spirit of 12 Partners by donating up to
$100,000 to the program's
community-based nonprofits.
"The values of Outerwall align perfectly with our mission and
commitment to the community," said Seahawks President Peter McLoughlin. "The Spirit of 12 Partners is
a wonderful and highly successful program that has supported many
children in the Pacific Northwest during the past 10
years."
As part of the partnership, Outerwall will participate in the
Seahawks "Stats for Kids" program, which raises money for charity
through on field performances. Outerwall will donate $512 for every Seahawks' first down gained at
home during the preseason and regular season to the designated
Spirit of 12 Partner for each home game. The donation amount of
$512 represents the five nonprofit
partners and the 12 signifies the Spirit of 12.
"Outerwall is committed to making meaningful contributions to
support organizations that align with our mission to create a
better everyday for our customers and communities," said
J. Scott Di Valerio, chief executive
officer. "As the cornerstone of our partnership with the Seahawks
organization, we are directly supporting each of the Spirit of 12
nonprofit partners, which have a long track record of youth
development and making every day better."
The Spirit of 12 Partners for 2014 are Boys & Girls Clubs
Washington State Association, Camp Fire Snohomish, Girl Scouts of Western Washington, Treehouse, and YMCA of
Greater Seattle.
About Outerwall Inc.
Outerwall instills corporate responsibility practices throughout
the company through programs such as community grants, paid
volunteer time for employees and matching employee charitable
contributions. In 2013, the company reached its goal of donating 1
percent of the previous year's after-tax profits, with a grand
total of more than $1.5 million in
charitable giving.
The company changed its name from Coinstar, Inc. to Outerwall
Inc. in July of 2013 to reflect the evolution of the company from a
single coin-counting kiosk business into multiple automated retail
businesses. The transition to Outerwall signifies the company's
next chapter as it continues to push the walls of retail out to
bring new and inventive solutions to consumers, retailers and
partners.
Outerwall has more than 20 years of experience creating some of
the most profitable spaces for their retail partners.
Outerwall is leading the next generation of automated retail
and paving the way for inventive, scalable businesses. Outerwall™
kiosks are in neighborhood grocery stores, drug stores, mass
merchants, malls, and other retail locations in the United
States, Canada, Puerto Rico, the United Kingdom,
and Ireland. Learn more at www.outerwall.com.
About Spirit of 12 Partners
In the fall of 2004, the Seattle Seahawks Charitable Foundation
unveiled the Spirit of 12 Partners program, a collaboration
among Seattle youth service
organizations, the Seahawks, CenturyLink and The Paul G. Allen
Family Foundation. Under this program, community-based nonprofits
sell the Seahawks game day program during the team's home games.
Each partner keeps 100% of the proceeds, which is matched by The
Paul G. Allen Family Foundation. In 2013, more than
$365,000 was raised in the program
and more than $2.70 million in total
funds since 2004.
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SOURCE Outerwall Inc.