Redbox 2001 Annual Report Download - page 5

and market trends, we are strong believers
in the prepaid concept. We expect the
burgeoning market for prepaid gift,
cellular, retailer, and other cards
to offer a great way to capitalize
on our network capabilities and installed base of
nearly 10,000 machines.
We have set ambitious goals for generating revenues
from new products and services. Of course, before
rolling out any new product, we will test and evaluate
its viability. Our highly disciplined approach ensures
that new offerings meet our high hurdle rates before
we commit capital resources.
Fourth—and perhaps the most exciting—
is our plan to unlock the power of the
network by introducing new consumer
products and services that leverage the
infrastructure we’ve built over the last
10 years. The heart and soul of
Coinstar’s coin processing capability is
a sophisticated, interactive network that connects
each of our machines to our central control system
in Bellevue, Washington. We are actively evaluating
a number of ways in which we can harness this
capability, including opportunities in bill payment,
person-to-person payments, and other consumer
services. And, based on extensive internal development
3
Senior management team: Left to right: Mike Doran, Gretchen Marks, Bill Booth, Rich Stillman, Diane Renihan,
Dave Cole, Carol Lewis (retired), Alex Camara, John Reilly, Peter Rowan, Randy Overturf. Not pictured: Sara White.
Photo taken at Willows Lodge, Woodinville, WA