Coastal Contacts Inc.
TSX : COA

Coastal Contacts Inc.

June 04, 2007 09:00 ET

Coastal Contacts, Inc. Retains ICR, Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 4) -

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

Coastal Contacts Inc. (TSX:COA) announced today that it has retained ICR, Inc., a leading investor relations and financial communications consultancy to assist with all aspects of its investor relations program.

Coastal Contacts noted that ICR, founded in 1998, is staffed with former institutional analysts and portfolio managers with wide experience in the capital markets. ICR represents approximately 200 corporate clients, ranging from pre-IPO businesses to a number of Fortune 500 companies, including some of the most well-recognized names in the consumer products industry. Headquartered in Westport, Connecticut, ICR also maintains offices in New York, Santa Monica, Boston and Beijing. For more information on ICR, visit www.icrinc.com.

Roger Hardy, Coastal Contacts' President and CEO stated, "We feel strongly that ICR's expertise and quality reputation will resonate well with our current shareholders, potential shareholders and other industry professionals as we look to broaden our investment outreach. Their insight into the capital markets should provide us with leverage in communicating our growth plans to qualified institutional buyers in the investment community."

About Coastal Contacts:

Coastal Contacts is the world's fastest-growing vision care supplier. Leveraging its world class operations in Europe, North America and Asia, Coastal is building a predictable recurring revenue stream in the contact lens segment and is developing complementary branded vision care products. Already No. 1 in most of its markets, Coastal is rapidly advancing toward its goal of becoming the dominant global vision care supplier.

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, 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.

Neither the TSX nor any other regulatory body has reviewed and therefore does not accept responsibility for the adequacy or accuracy of this release.

Contact Information