VANCOUVER, British Columbia, Dec. 3, 2013 (GLOBE NEWSWIRE) -- Coastal.com ("Coastal") (Nasdaq:COA) (TSX:COA), the leading online provider of eyewear, announced today that it has been named one of the Hot 100 E-Retailers of 2013 by industry leading Internet Retailer magazine. Coastal.com was recognized in the Mobile 2.0 category as a retailer making innovative use of mobile technologies.
"We are delighted to be recognized for the results our team has generated with Coastal.com's evolving mobile platform," stated Braden Hoeppner, Coastal.com's Vice President, Web Sales. "During the past twelve months close to 40% of Coastal.com's traffic originated from mobile devices, smartphones and tablets. We believe the rapidly growing utilization of mobile devices for browsing and buying presents an amazing opportunity and are working to ensure Coastal.com benefits from this trend."
About Internet Retailer MagazineInternet Retailer Magazine is owned by Vertical Web Media, a privately held company based in Chicago that focuses on providing business intelligence for the e-commerce market. Starting with one magazine, VWM has since started a dozen other information product aimed at this market and is now the largest publisher in the e-commerce field. About Coastal.com Coastal.com is the leading manufacturer and online retailer of eyewear products offered through a family of world class websites. Established in 2000, the Coastal.com family of brands offers an extensive, in stock selection of prescription eyewear, contact lenses and sunglasses. Coastal.com's vision is to make the process simple... either on-line or at one of our retail showrooms... so our customers can see everything life has to offer. For more information about Coastal.com (Nasdaq:COA), visit www.coastal.com . Cautionary Note Regarding Forward-Looking Statements This News Release may contain "forward-looking statements" as defined in the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation concerning the business, operations and financial performance and condition of Coastal. Statements that are not 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. Examples of such forward-looking statements include statements relating to: Coastal's perception of the contact lens and eyeglasses industry or market and anticipated trends in that market in any of the countries in which Coastal does business; its anticipated ability to procure products and supplies, or the terms under which it procures products and supplies; Coastal's anticipated business operations, inventory levels, ability to handle specific order and call volumes, ability to fill and ship orders in a timely manner, ability to achieve greater marketing efficiency or similar statements; ability to increase its production; plans for capital expenditure plans; relationships with suppliers; anticipated results of operations, including but not limited to anticipated sales, revenues, earnings, tax benefits or similar matters; the effects of seasonality; sufficiency of cash flows; and Coastal's perceptions regarding volatility in and impact of foreign currency exchange rates.
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