Coastal Contacts to Release Q3 2012 Financial Results on September 13, 2012

Coastal Contacts Inc
Company Announcement

Coastal Contacts to Release Q3 2012 Financial Results on September 13, 2012

VANCOUVER, British Columbia, 2012-09-06 15:00 CEST (GLOBE NEWSWIRE) -- Coastal
Contacts, Inc. (TSX:COA) (STOCKHOLM:COA.ST), one of the largest online
retailers of vision care products in the world, issued notice today that it
will release its 2012 third fiscal quarter financial results for the period
ending July 31, 2012 on Thursday, September 13, 2012 at 4:00pm ET. Coastal will
host a conference call to review the financial results and company operations
at 4:30pm ET the same day. Participating in the call will be Roger Hardy,
Founder and CEO, Gary Collins, President and Nick Bozikis, CFO. 

To attend the call participants may dial:

North American Toll Free  1-888-892-3255
Sweden Stockholm local    46 852 503 436

A replay of the call will be available for 7 days. To access the replay
listeners may dial: 

Local/International  1-800-937-6305
Passcode             561271        

About Coastal Contacts Inc.:

Coastal Contacts, Inc. is one of the largest online retailers of vision care
products in the world. Coastal empowers customers to easily browse, try on and
buy eyewear—saving time, money and sanity. With every pair of qualifying frames
purchased, Coastal donates a pair to someone in need through its Change the
View project. Founded in 2000, Coastal designs, produces and distributes the
largest selection of eyeglasses and contact lenses on the Internet, including a
unique combination of designer eyeglasses, contact lenses, sunglasses, and
vision care accessories. Coastal serves customers in more than 150 countries
through the Coastal Contacts family of websites including: Coastal.com,
ClearlyContacts.ca, Lensway.com, Lensway.co.uk, Lensway.se, Lensway.com.br,
ClearlyContacts.com.au, ClearlyContacts.co.nz, Contactsan.com, and
Coastallens.com. 

Cautionary Note Regarding Forward-Looking Information and Statements

Certain of the statements and information contained in this news release which
are not current statements or historical facts constitute "forward-looking
information" within the meaning of applicable Canadian Securities laws and
"forward-looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Forward-looking information and
statements are typically identified by use of the words "may", "would",
"could", "will", "intend", "plan", "anticipate", "believe", "estimate",
"expect", "goal", "target", "should", "likely", "potential", "continue",
"project", "forecast", "prospects", and similar expressions. 

Forward-looking information and statements are based on the then-current
expectations, beliefs, assumptions, estimates and forecasts about our business
and the industry and markets in which we operate. Forward-looking information
and statements are not guarantees of future performance and involve risks,
uncertainties and assumptions which are difficult to predict. 

Persons reading this news release are cautioned that forward-looking
information and statements are only predictions, and that our actual future
results or performance may be materially different due to a number of factors.
These factors include, but are not limited to: changes in the market; potential
downturns in economic conditions; our ability to implement our business
strategies; competition from traditional and online retailers; limited
suppliers; limited availability of inventory; inventory risk; disruption in our
distribution facilities; mergers and acquisitions; foreign currency exchange
rate fluctuations; regulatory requirements; demand for contact lenses,
eyeglasses and related vision care products; the risk that we will not be
successful in defending against litigation; dependence on the internet; and
other factors referred to under the section entitled "Risk Factors" in our most
recently filed Annual Information Form, dated December 14, 2011. These risks,
as well as others, could cause actual results and events to vary significantly.
Accordingly, readers should not place undue reliance on forward-looking
information and statements, which are qualified in their entirety by this
cautionary note. 

The forward-looking information and statements contained herein are made as of
the date of this news release and we expressly disclaim any intent or
obligation to update such information or statements except as required by
applicable law. 


         Terry Vanderkruyk
         Vice President, Corporate Development
         Coastal Contacts Inc.
         604.676.4498
          
         
         or
         
         Liolios Group Inc.
         Scott Liolios or Cody Slach
         Tel 949.574.3860
          
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Coastal Contacts to Release Q3 2012 Financial Results on September 13, 2012