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Improving the Efficiency of SOA-Based Applications
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From the Wires
Canadian Company With Strong Swedish Roots is the European leader in Online Retail Sales of Contact Lenses
Canadian Company With Strong Swedish Roots is the European leader in Online Retail Sales of Contact Lenses

By: PR Newswire
Feb. 6, 2007 07:00 AM

VANCOUVER and STOCKHOLM, February 6 /PRNewswire/ --

- Canadian Founder Available in Stockholm February 9 for Interview

Coastal Contacts (TSX:COA, www.coastalcontacts.com) is an online retailer of contact lenses and they are number two in the world with Cdn$81 million in sales last year, with more than 60% of sales coming in Europe. They are Europe's number one online retailer of contacts and the leading retailer of contacts in Sweden - both under the lensway.com and mylenses.nl brands. Coastal is also one of the fastest growing companies in Canada.

The acquisitions of Sweden's Lensway.com (www.lensway.com) and Yourlenses Scandanavia AB, and of MyLenses.nl (www.mylenses.nl) in the Netherlands over the last few years have been a critical factor and catalyst in helping make Coastal the number two international online retailer of contact lenses. The European centre of operations in Stockholm includes a new multi-lingual call centre and distribution facility, which has better positioned the company to capitalize on expanding European markets in recent years and for the future.

Roger Hardy, Coastal's founder and CEO, will be in Stockholm this Friday, February 9 along with Terry Vanderkruyk, Coastal's VP, Corporate Development. If you would like to meet with Mr Hardy and Coastal's Swedish operations CEO Daniel Muhlbach to discuss the company's business and prospects, please let us know.

Potential topics: how Coastal's acquisitions of contact lenses online retailers in Sweden and the Netherlands over the last few years have been the engine driving corporate growth. These acquisitions have cemented Coastal's reputation as a potential international consolidator for the online contact lens retail industry. The company continues to review potential acquisition targets in Europe, Asia and North America. What are the future plans and prospects for this Sweden-originated international business? What are the market prospects for Coastal in Canada, the United States and in Asia?

VANCOUVER and STOCKHOLM, February 6 /PRNewswire/ --

Coastal Contacts Inc.

For further information: To arrange an interview, please contact: In Europe, Julia Stierli, Julia@stierli.com, (tel) +41-79-400-50-36; or Terry Vanderkruyk, Coastal Contacts, terryv@coastalcontacts.com, (tel) +1-604-961-3644; In Canada, Steve Campbell, Campbell & Company Strategies, Vancouver, B.C., scampbell@campbellpr.bc.ca or (tel) +1-604-888-5267

Published Feb. 6, 2007
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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