Coastal Contacts Appoints Liolios Group For Investor Relations

VANCOUVER, British Columbia, Aug. 31, 2012 (GLOBE NEWSWIRE) -- Coastal Contacts Inc. (TSX:COA) (Stockholm:COA), one of the largest online retailers of vision care products in the world, has engaged Liolios Group to lead its investor relations and financial communications program.

"We look forward to collaborating with Scott Liolios and his team as we continue to build the leading brand in the rapidly evolving online eyewear industry," stated Roger Hardy, Coastal's Founder and CEO. "Liolios Group has a proven track record of assisting emerging growth companies in building quality, long-term relationships with investors, analysts and institutions."

In addition, Mr. Hardy will be presenting at the 2012 Gateway Conference on September 6, 2012 at 9:30am PT at the W San Francisco Hotel. For more information about the Gateway Conference, visit www.liolios.com .

About Liolios Group Inc.:

Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small and micro-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1999, Liolios Group executives have extensive experience in finance and investments, and represent clients in a wide range of industries, including technology, digital media, consumer/internet retail, healthcare/life sciences, natural resources, and business consulting and outsourcing.

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.

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