Coastal Holdings, Inc. Retains Accounting Firm to Prepare Audited Financial Statements


HOUSTON, Oct. 26, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge technology holding company, today announced that it has retained Pollard Kelley Auditing Services Inc. to prepare audited financial statements for the Company. Once the financial audit and statements have been completed, they will be made public. CEO Andrea Cortellazzi stated: "This is a major step forward in enhancing our ability to meet our stated goals of expanding our Company by acquisitions."

For more information please contact CEO Andrea Cortellazzi at (514) 288-9699 or visit the Company website at www.coastalholdings.com. Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.



            

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