Coastal Contacts Inc.
TSX : COA

Coastal Contacts Inc.

December 15, 2008 18:50 ET

Coastal Contacts to Release Fourth Quarter and Fiscal Year 2008 Financials on Thursday, December 18, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Coastal Contacts Inc. (TSX:COA) announced today that financial results for the fiscal quarter and year ended October 31, 2008 will be released on Thursday, December 18, 2008.

Coastal Contacts will host a conference call on Thursday, December 18 at 1:00pm (EST) to discuss financial results and Company operations.

Participating in the call will be Roger Hardy, President and Chief Executive Officer and Glen Kayll, Chief Financial Officer.

To attend the conference call, participants in Toronto may dial 416-850-9140. Participants outside the greater Toronto area may dial the North American Toll-free number 1-866-400-3320.

A replay of the call will be available for 7 days. To access the replay in Toronto listeners may dial 416-915-1035. The North American Toll-free number for the replay is 1-866-245-6755. The passcode to access the replay is 659688.

About Coastal Contacts:

Coastal Contacts Inc. (www.coastalcontacts.com) is the world's leading direct-to-consumer vision products company which designs, produces and distributes a diversified offering such as contact lenses and eyeglasses. The Company's unique combination of branded and private label products represent quality, value and, above all, service. Coastal Contacts sells its products in more than 150 countries through proprietary web properties which reflect the culture and consumer preference of the target market. As new markets for eyeglasses and contact lenses evolve, the Company is positioned to become the vision product consumer's retailer of choice owing to its unbeatable value proposition combining value and service. Already No. 1 in many of its markets, Coastal Contacts is rapidly advancing toward its goal of becoming the "World's Optical Store".

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Coastal Contacts Inc. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, limited suppliers, inventory risk, disruption in our distribution facilities, foreign exchange fluctuations, regulatory requirements, demand for contact lenses, changes in business strategy, competition and dependence on the internet. These risks, as well as others, could cause actual results and events to vary significantly. Coastal Contacts does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

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