Coastal Contacts Inc.
TSX : COA

Coastal Contacts Inc.

March 05, 2007 09:00 ET

Coastal Contacts to Release First Quarter 2007 Financials March 15, 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 5, 2007) -

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 quarter ended January 31, 2007 will be released before market open on Thursday March 15, 2007.

Coastal Contacts will host a conference call on Thursday, March 15 at 2:00pm (EST) to discuss financial results and Company operations. Participating in the call will be Roger Hardy, President and Chief Executive Officer, Reta Byvelds, Chief Financial Officer, Steve Bochen, Chief Operating Officer and Glen Kayll, Vice President, International Operations.

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 566200.

A live audio webcast of the call will be available in real time or on demand. Details are available at www.coastalcontacts.com in the Investor Relations section.

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. Coastal shipped approximately 870,000 orders in 2006, of which 56% were reorders, by consistently providing customers with a comprehensive product line, savings and convenience. 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.

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