Coastal Contacts Appoints Gary Collins, President
August 14 2012 - 8:00AM
Coastal Contacts Inc. (TSX:COA) (Stockholm:COA), the planet's
biggest online eyewear company, announced today that Gary Collins
has been appointed President.
Most recently, Mr. Collins was Senior Vice President of Belkorp
Industries, a private company. Belkorp has diverse holdings in a
variety of industries including environmental services, real
estate, sugar, agriculture, airlines and capital
management.
Prior to Belkorp, Mr. Collins was the President and CEO of
Harmony Airways.
Mr. Collins also served as the Minister of Finance for the
Province of British Columbia from 2001 to 2004.
In addition Mr. Collins serves as a Director on the public
company boards of Lantic and Rogers Sugar, Chorus Aviation Inc. and
Liquor Stores North America Inc.
"We are pleased to have a leader of Gary's caliber join the
Coastal team as we build out our management group," stated Roger
Hardy, Coastal's Founder and CEO. "Coastal has established its
position as the leader in the online eyewear category, which has
created many additional avenues for growth. Having a seasoned
executive like Gary join the team will allow us to capitalize on
more of those opportunities."
Coastal's founder, Roger Hardy will continue in his role as CEO
and Chairman of the Board.
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 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.
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 December 14, 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@coastal.com