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Deloitte names Outerwall to Fast 500 list

November 14, 2013

Outerwall Inc. announced that it ranked No. 332 on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Outerwall's CEO J. Scott Di Valerio credits the achievement to the company's focus on its core strengths in automated retail, understanding consumer needs and its commitment to innovation.

"We are honored to be recognized by Deloitte as one of the fastest growing companies in North America," Di Valerio said. "Since the beginning, Outerwall focused on creating inventive and intuitive solutions for both consumers and retailers. We believe automated retail is an enduring channel that addresses consumers' needs for simplicity, value and convenience, while also contributing to retailers' profitability."

Overall, 2013 Technology Fast 500 companies achieved revenue growth ranging from 137 percent to 208,897 percent from 2008 to 2012, with an average growth of 2,600 percent.

"The 2013 Deloitte Technology Fast 500 companies are exemplary cases of those spurring growth in a tough market through innovation," said Eric Openshaw, vice chairman, Deloitte LLP, in the announcement. "This year's list is a who's who of companies behind the most exciting and innovative products and services in the technology space. We congratulate the Fast 500 companies and look forward to what they do next."

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