Coast Wholesale Appliances Inc.
TSX : CWA

Coast Wholesale Appliances Inc.

February 18, 2011 19:14 ET

Departure of Mr. Blain Lawson, CEO, from Employment with Coast Wholesale Appliances Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2011) - Coast Wholesale Appliances Inc. (TSX:CWA) (Coast) today announced the departure of its President and CEO, Mr. Blain Lawson, from his employment with Coast.

Patrick Dennett, Chair of Coast, stated that: "We appreciate all of Blain's contributions over the past four years and wish him well in his future endeavours. We will commence a replacement search immediately. Until a permanent replacement is named, Mr. Lawson's responsibilities will be managed by Harlow Burrows, as interim CEO, as well as by a Transition Committee of the Board who will work with management to ensure the proper ongoing operation of Coast's business and affairs." Mr. Burrows is one of the original founders of the Coast business and a Director. He previously served as CEO.

Coast is a leading independent supplier of major household appliances and accessories to developers and builders of multi-family and single-family housing, and to retail customers. Founded in 1978, Coast currently operates 16 stores, with 15 locations across the four western provinces and one store in the Greater Toronto Area.

Additional information about Coast Wholesale Appliances Inc. is available at its website www.coastwholesaleappliancesinc.com and at www.sedar.com.

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