CoinBank Automated Systems Inc. has signed an agreement with a military service agency to install CoinBanks, its automated coin- deposit machines, at certain Army and Air Force locations. The agreement was with the Army and Air Force Exchange Service, which operates more than 1,400 retail facilities in all 50 states and 25 countries.

"This contract demonstrates the value of integrating CoinBank's electronic commerce technology into its coin counting machines," said Bruce Korman, chairman and chief executive officer of Cash Technologies Inc., CoinBank's parent company.

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