SOURCE: Coastal Integrated Services, Inc.

October 20, 2010 10:10 ET

Harbinger Research Initiates Coverage on Coastal Integrated Services, Inc.

MOORESVILLE, NC--(Marketwire - October 20, 2010) -  Coastal Integrated Services, Inc. (PINKSHEETS: COLV) is pleased to announce Harbinger Research, LLC, an independent equity research firm, has issued a report regarding the Company

To view the complete report please visit: http://www.harbingerresearch.com/link/13/256/COLV

The report was written by Brain Connell, CFA, Senior Analyst at Harbinger Research. Mr. Connell has over 20 years' experience in the securities industry, as an equity analyst, portfolio manager, and as the founder and CEO of StreetFusion (acquired by CCBN/StreetEvents), a software company serving the institutional investment community.

Mr. Connell stated, "We are very pleased to be working with an innovating company that has such market potential for its products. Energy efficiency and system uptime are certainly critical variables in the trucking and shipping industries, so Coastal Integrated Services could be a big beneficiary."

Butch Conz, CEO of Coastal Integrated Services, said, "We are pleased to have this report made available to our current and future shareholders. The report should give investors a better understand of our company and business model."

About Coastal Integrated Services, Inc.

Coastal Integrated Services (www.coastalintegratedservices.com) is a multi-faceted company with its focus in identifying technologies and companies that can produce products that will increase corporate revenue, shareholder value and reduce our clients' carbon foot print (an environmentally conscious company). The company will combine the experience of its people with the strength of its strategic alliances to create and identify new opportunities in the oil & gas, energy and transportation industries.

Through its newly acquired subsidiary Revolution Products, the company plans to market and sell a full line of superior lubricants to the transportation industry, with a focus on saving fuel as well as reducing emissions and engine wear. The company's primary focus will be to put its resources into marketing the HI-TEK25 15W40 Diesel Motor Oil to trucking companies nationwide. The company is confident that if prospective clients test the product, they will change over their entire fleet after viewing the result.

About Harbinger Research, LLC

Harbinger Research is an independent equity research firm that employs a research team consisting entirely of CFA charter holders and follows a number of companies across a wide variety of industries. Harbinger Research makes all of its reports available through its website at http://www.harbingerresearch.com, and also distributes content through a variety of partners, including Investors Insight Publishing, and through most major financial portals.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Contact Information

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    Acer Communications, Inc.
    Investor Relations
    Eddie Cruz
    949-390-0111