(Dallas, TX. – September 26, 2011) StockGuru Shines its Spotlight on Coastal Contacts Inc. (TSX-V: COA) (Stockholm: COA) the world’s largest online retailer of eyeglasses and contact lenses. The Company announced Friday that it has received the Vision Monday® Lead, Follow or Get Out of the Way Award for the most Daring Social Media or Web Presence. This award is part of Vision Monday’s 1stAnnual Dispensing and Retail Excellence (D.A.R.E.) Awards. Coastal Contacts Inc. closed Friday, September 23, 2011, at $2.75, trading on volume of roughly 60,000 shares.
Based in New York, Vision Monday® is the Ophthalmic Industry’s Leading Source of News and News Analysis and is a division of Jobson Healthcare.
“We are pleased to receive this strong recognition from Vision Monday and to be part of the rapidly changing landscape in the optical industry,” stated Roger Hardy, Coastal’s Founder and CEO. “With more than one million Facebook™ friends and having recently shipped our one millionth pair of eyeglasses, Coastal has become the leader in the online eyeglasses category. The momentum continues to build as we added more than 180,000 new eyeglasses customers in the most recent quarter alone.
“We look at our category and think there are many ways to improve. It lags in technological adoption for several reasons, but we are of the view that the category will accelerate its migration to use technology to better serve customers in ways that they want to be served over time. Technology is changing so fast, those who don’t innovate will be left behind as so many old world retailers have already discovered. Innovation is a key part of our culture and it occurs at Coastal every day, all in the interest of better serving an increasing number of customers.”
About Coastal Contacts Inc.
Coastal Contacts Inc. has quickly become the world’s leading online retailer of vision care products, attributable to a combination of fast delivery, a customer-centric approach and great selection at the lowest possible prices. 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 Contacts 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.
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