Coastal Contacts Inc: Company Announcement

VANCOUVER, British Columbia, 2011-12-07 15:00 CET (GLOBE NEWSWIRE) --
Coastal Contacts Inc. (TSX:COA) (Stockholm:COA) announced today that it will
release its financial results for the fourth fiscal quarter and year ending
October 31, 2011 on Wednesday, December 14, 2011 at 1:00pm PT. Coastal will
host a conference call to review the financial results and company operations
at 1:30 PM PT. Participating in the call will be Roger Hardy, Founder and CEO
and Gord Howie, 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                                                                  426463

About Coastal Contacts Inc.:

Coastal Contacts, Inc. is the planet's biggest online eyewear company. 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
services 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, ClearlyContacts.com.au, ClearlyContacts.co.nz,
Contactsan.com, and Coastallens.com. 

Forward Looking Statements

All statements made in this news release, other than statements of historical
fact, are forward-looking statements. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect",
"goal", "target", "should," "likely," "potential," "continue," "project,"
"forecast," "prospects," and similar expressions typically are used to identify
forward-looking statements. 

Forward-looking 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 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 statements
or information are only predictions, and that our actual future results or
performance may be materially different due to a number of factors. Reference
should also be made to the section entitled "Risk Factors" contained in our
most recently filed Annual Information Form dated January 28, 2011 for a
detailed description of the risks and uncertainties relating to our business.
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 statements and information, which are qualified in their
entirety by this cautionary statement. These forward-looking statements are
made as of the date of this news release and we expressly disclaim any intent
or obligation to update these forward-looking statements, unless we
specifically state otherwise and except as required by applicable law. 

         CONTACT: Terry Vanderkruyk
         Vice President, Corporate Development
         Coastal Contacts Inc.
         604.676.4498
         terryv@coastalcontacts.com
         
         or
         
         Budd Zuckerman
         Genesis Select Corp
         303.415.0200
         bzuckerman@genesisselect.com