BELLEVUE, Wash., Nov. 14, 2013 /PRNewswire/ -- Outerwall Inc. (Nasdaq: OUTR), formerly Coinstar, Inc., today announced it ranked 332 nd 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 consolidated revenue grew more than 200 percent during 2008 through 2012.
Outerwall's Chief Executive Officer J. Scott Di Valerio credits this 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," said Di Valerio. "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.""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 and U.S. technology, media and telecommunications leader. "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." "The fastest growing companies in the US are drivers of constant innovation and operate with the agility to stay ahead of a quickly evolving marketplace, and software, biotech/pharma and internet companies continue to be at the forefront," added James Atwell, national managing partner of the Emerging Growth Company practice, Deloitte Services LP. "The companies excelling in these sectors have a startup mentality that allows them to be nimble and adapt quickly, which is why they consistently lead the list of fast-growing companies each year."