Coastal Contacts Secures $5 Million Revolving Line of Credit From Bank of America, N.A.

VANCOUVER, British Columbia, March 30, 2010 (GLOBE NEWSWIRE) -- Coastal
Contacts Inc. ("Coastal") (TSX:COA) (Stockholm:COA) today announced that it has
entered into a loan agreement (the "Loan Agreement") with the Bank of America
for a $5 million secured revolving line of credit (the "Line of Credit"). 

The Line of Credit is available until March 31, 2012 and Coastal may borrow and
repay any principal amounts drawn on the Line of Credit during this period. The
Line of Credit is subject to a maximum advance of the lesser of either $5
million and a percentage of certain of Coastal's working capital assets.
Obligations under the Loan Agreement are secured by all of Coastal's assets. 

"We are pleased with establishing a banking relationship with a reputable and
global institution such as Bank of America," said Roger Hardy, Coastal's
President and CEO. "This relationship represents another important step in the
development of our world class organization." 

About Coastal Contacts:

Coastal Contacts Inc. is the world's leading online vision products company
which designs, produces and distributes a diversified offering of contact
lenses and eyeglasses. Coastal's unique combination of branded and private
label products represent quality, value and above all, service. Coastal sells
into more than 150 countries through proprietary web properties which reflect
the culture and consumer preference of the target market. As new markets for
eyeglasses and contact lenses evolve, Coastal is positioned to become the
vision product consumer's retailer of choice owing to its compelling value
proposition combining value and service. A leader in many of its markets,
Coastal is rapidly advancing toward its goal of becoming the "World's Optical
Store." 

Forward Looking Statements

This document may contain "forward-looking information" within the meaning of
Canadian securities legislation and "forward-looking statements" within the
meaning of the United States Private Securities Legislation Reform Act of 1995
(collectively "forward-looking statements"). These forward-looking statements
are made as of the date of this document and Coastal Contacts Inc. ( "Coastal")
does not intend, and does not assume any obligation, to update these
forward-looking statements, except as required under applicable securities
legislation. 

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 its business and the industry and
markets in which Coastal operates. 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 Coastal's actual future results or performance could vary
significantly due to a number of factors. These factors include, but are not
limited to: changes in the market; Coastal's ability to implement its business
strategies; competition; limited suppliers; disruption in its distribution
facilities; mergers and acquisitions; foreign currency exchange rate
fluctuations; regulatory requirements; demand for contact lenses and related
vision care products; dependence on the internet and other risks detailed in
the section entitled "Risk Factors" contained in the Company's most recently
filed Annual Information Form dated January 29, 2010 as filed on Sedar. Readers
should not place undue reliance on forward-looking statements and information,
which are qualified in their entirety by this cautionary statement. 

CONTACT:  Coastal Contacts Inc.
          Terry Vanderkruyk, Vice President, Corporate Development
          604.676.4498
          terryv@coastalcontacts.com