SOURCE: nFinanSe, Inc.

August 13, 2009 08:00 ET

nFinanSe and Coinstar Sign Distribution Agreement

TAMPA, FL--(Marketwire - August 13, 2009) - nFinanSe Inc. (OTCBB: NFSE) announced today that it has signed an agreement with Coinstar E-Payment Services Inc., a subsidiary of Coinstar, Inc., to distribute nFinanSe's Reloadable Prepaid and Gift Cards to Coinstar's Pay as You Go Solution found at retailers nationwide.

"Coinstar is a leader in the prepaid industry and we are very proud to be partnering with them in the distribution of our general purpose reloadable and gift cards," said nFinanSe's Vice President of Sales, Karen Sobie. "Our agreement with Coinstar will ensure that our market-leading reloadable cards, priced to the consumer at only $3, achieve much greater penetration in the marketplace and stimulate significant trial and usage among consumers."

nFinanSe's Reloadable Prepaid Cards have the following features and benefits:

--  $3 purchase price
--  Low $2.95 monthly fee
--  Low $2.95 reload fee
--  Permanent card included in the retail package
--  Free direct deposit of payroll
--  No hidden transaction fees and no fees on purchases
--  Reloadable at over 80,000 nFinanSe Network™ nationwide locations
--  "Free... of course!" Live Customer Service available 24 hours a day, 7
    days a week in English and Spanish
--  Purchase and available balance information sent to cardholder's cell
    phone and/or email address after each transaction
--  Mobile couponing through RocketBux®
    

The nFinanSe Gift Cards are available in $25 and $50 denominations and offer 24/7 Free Customer Service. In addition, they come in different themed packaging in both English and Spanish.

The nFinanSe Prepaid Cards are expected to be available to Coinstar retail partners during the fourth quarter of 2009. They will be joining Coinstar's Pay As You Go solution featuring national and regional prepaid wireless programs, long distance cards, gift cards, digital entertainment products and one of the industry's largest portfolios of financial services. Coinstar's products and services can be found at select retail locations nationwide.

About Coinstar, Inc.

Coinstar, Inc. is a leading provider of automated retail solutions offering convenient products and services that make life easier for consumers and drive incremental traffic and revenue for its retailers. The company's core automated retail businesses are self-service coin counting and self-service DVD rental. Other Coinstar products and services found at the retail front-end include e-payment products such as gift cards, prepaid debit cards and other prepaid products; money transfer services; and entertainment products and services, including skill crane machines and bulk vending. The Company's products and services can be found at more than 95,000 points of presence including supermarkets, drug stores, mass merchants, financial institutions, convenience stores, restaurants and money transfer agents. For more information, visit www.coinstar.com.

About nFinanSe Inc.

nFinanSe Inc. (OTCBB: NFSE) is an innovative financial services company and provider of stored value and prepaid card solutions headquartered in Tampa, Florida. nFinanSe has developed the nFinanSe Network, a secure, reliable value load and activation platform that connects with retail merchants and other value load stations located throughout the United States. For more information, visit www.nfinanse.com.

Cards are issued by Palm Desert National Bank pursuant to a license by Discover® Network. Discover® Network and the Discover Network Acceptance Mark are service marks used by Palm Desert National Bank under license from Discover Financial Services.

"Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995

This press release contains certain forward-looking statements based on nFinanSe Inc.'s, or, the Company's current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements include statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words and include statements regarding the anticipated benefits of the Company's products and anticipated timing of their release. Forward-looking statements in this release are based on information available to the Company as of the date hereof. The Company's actual results may differ materially from those stated or implied in such forward-looking statements due to risks and uncertainties associated with the Company's business, which include the Company's ability to execute its business strategy and the other risk factors disclosed in the Annual Report on Form 10-K for the year ended January 3, 2009 on file with the Securities and Exchange Commission. The Company assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Contact Information