MEDFORD, Ore. and BELLEVUE, Wash., Jan. 29, 2008 (PRIME NEWSWIRE) -- PremierWest Bancorp (Nasdaq:PRWT) and Coinstar, Inc. (Nasdaq:CSTR) announced today that customers of PremierWest Bank will soon be able to turn their coin into cash in a matter of minutes at 20 of the bank's full service offices in Oregon and Northern California with the Madison coin-counting kiosk from Coinstar. "Our customers have been asking for a coin-counting service for years and technology has finally allowed us to fulfill their request," stated Jim Ford, President of PremierWest Bank. Ford went on to say, "These coin-counting kiosks will provide another convenient service to both consumer and business customers throughout our territory."

The Coinstar(r) coin-counting kiosks installed in the bank lobby at select PremierWest Bank locations make it easy for customers to turn their coins into cash. Users simply pour their loose, unsorted change into the kiosk tray, and the machine automatically counts the change. When completed, a voucher is dispensed that the customer brings to a teller window to receive the full coin value in the form of currency, or deposit into their account. This service will be free to PremierWest Bank consumers and non-customers will pay a service fee of 8% if they elect not to open an account.

"PremierWest Bank is a forward-thinking, customer-oriented bank, and we're very pleased that they will be offering our Madison kiosk," said Alex Camara, senior vice president and general manager of worldwide coin at Coinstar, Inc. "By offering our coin-counting service at no charge to customers, PremierWest not only increases traffic into the branch, but has the ability to attract new customers, enhance existing relationships and build loyalty among its customer base."

Coinstar kiosks at PremierWest Bank also offer a Coin to eCertificate option and a donation feature. To receive an eCertificate from national retailers such as Amazon.com, iTunes, and Eddie Bauer, users go through the same process as they would for a coins-to-cash transaction, with the exception of going to a teller window. A redemption code printed on the voucher for the full coin value allows users to make purchases online right away. For charitable donations, the customer receives a receipt for the tax-deductible donation.

The Coinstar coin counting kiosks will be installed at the following locations:

In Oregon:

 -- Ashland Branch, 2235 Highway 66, Ashland, Oregon 97520
 -- Black Oak Branch, 2600 E. Barnett, Medford, Oregon 97504
 -- Central Point Branch, 300 E Pine, Central Point, Oregon 97502
 -- Crater Lake Branch, 3369 Crater Lake Highway, Medford,
    Oregon 97504
 -- Downtown Branch, 300 E. Main, Medford, Oregon 97504
 -- Eagle Point Branch, 44 West Linn Road, Eagle Point, Oregon 97524
 -- Garden Valley Branch, 350 N.E. Garden Valley, Roseburg,
    Oregon 97470
 -- Grants Pass South, 1689 Williams Highway, Grants Pass,
    Oregon 97527
 -- Kane Street Branch, 555 S.E. Kane Street, Roseburg, Oregon 97470
 -- Klamath Falls Branch, 421 S 7th Street, Klamath Falls,
    Oregon 97601
 -- McAndrews Branch, 1455 E. McAndrews, Medford, Oregon 97504
 -- Stewart Parkway Branch, 2030 Stewart Parkway, Roseburg,
    Oregon 97470
 -- Sutherlin Branch, 731 W. Central, Sutherlin, Oregon 97479
 -- Winston Branch, 40 N.W. Glenhart, Winston, Oregon 97496

In California:

 -- South Chico Branch, 2033 Forest Ave, Chico, California 95928
 -- Corning Branch, 1201 Solano Street, Corning, California 96021
 -- Red Bluff Branch, 950 Main Street, Red Bluff, California 96080
 -- Redding Branch, 32920 Bechelli Lane, Redding, California 96001
 -- Cypress Branch, 880 Cypress Ave., Redding, California 96001
 -- Yreka Branch, 123 N. Main Street, Yreka, California 96097

About PremierWest Bancorp

PremierWest Bancorp (Nasdaq:PRWT) is the parent company of PremierWest Bank, an Oregon-based community bank with 40 branches in Oregon and Northern California. PremierWest first expanded into California with its acquisition of Timberline Community Bank and its eight branches in 2001 and later acquired Mid Valley Bank with five branches in 2004. 21 of PremierWest's branches were acquired through mergers and nineteen were denovo branches. For more information, visit www.PremierWestBank.com

About Coinstar, Inc.

Coinstar, Inc. (Nasdaq:CSTR) is a multi-national company offering a range of 4th Wall(tm) solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, money transfer, entertainment services and self-service DVD rental. The company's products and services can be found at more than 56,000 retail locations including supermarkets, banks, drug stores, mass merchants, convenience stores, and restaurants. For more information, visit www.coinstar.com

Coinstar, Inc. Forward-Looking Statement

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Inc., as well as from risks and uncertainties beyond Coinstar, Inc.'s control. Such risks and uncertainties include, but are not limited to, the termination, non-renewal or renegotiation on materially adverse terms of our contracts with our significant retailers, payment of increased service fees to retailers, the ability to attract new retailers, penetrate new markets and distribution channels, cross-sell our products and services and react to changing consumer demands, the ability to achieve the strategic and financial objectives for our entry into or expansion of new businesses, the ability to adequately protect our intellectual property, and the application of substantial federal, state, local and foreign laws and regulations specific to our business. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review "Risk Factors" described in Item 1A of Part I of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. These forward-looking statements reflect Coinstar, Inc.'s expectations as of the date of this release. Coinstar, Inc. undertakes no obligation to update the information provided herein.