(OTC:CCAJ) Coastal Capital Acquisition Corp.

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Coastal Capital Acquisition Corporation Announces Formation of Consulting Subsidiary, Management Team and New Board Members

(OTC:CCAJ) Coastal Capital Acquisition Corp.

Coastal Capital Acquisition Corporation Announces Formation of Consulting Subsidiary, Management Team and New Board Members

Monday February 2, 9:15 am ET

COLUMBUS, GA-Feb 2, 2009 - Coastal Capital Acquisition Corp. - Chief Executive Officer Frank Manzo announced the appointment of two new CCAJ board members, Lance Berger and Tom Allinder:

"Mr. Berger is a highly respected and well known small cap consultant who has been working with public and private companies alike for over 15 years. His specialties include strategic planning, investor relations, mergers and acquisitions. I'm pleased to have him involved as a board member for CCAJ. Mr. Berger will also take the position of Chief Executive Officer and President of our newly formed subsidiary Coastal Capital Consulting, Inc. We feel given Mr. Berger's years in the business his experience will translate into assets for our company and its shareholders.

"We as a board have also appointed Tom Allinder to the Board of Directors for CCAJ. Mr. Allinder will also serve as Chief Operating Officer and Director of Coastal Capital Consulting. Mr. Allinder brings to the table many valuable years of merger, acquisition, media and investor relations experience in the small and micro cap arena. Tom has worked with a number of firms such as New River Financial Group, HotStockChat.com, Inc. and Equity Consulting. He holds a position of high regard and is respected by his peers and we are pleased to have him aboard as well.

"CCAJ has begun the move forward by filing in the state of Florida to create a wholly owned subsidiary, Coastal Capital Consulting, Inc. As a result we have also acquired the domain name coastalcapitalconsulting.com. Our goal with regards to a web presence is to have the corporate web site developed in the coming days and weeks. Our website will outline the business model that Coastal Capital Consulting/CCC is pursuing. That business model as stated in our last press release is to work with private companies that would like to go public through the IPO registration process as opposed to the shell reverse merger route. CCC will also provide certain consulting services to our clients after they become a public company, current public companies and private companies alike. This strategy will allow for multiple stock dividends for CCAJ shareholders that derive from the fees generated from the service's CCC will provide.

"We feel there are many more private companies looking to gain exposure to the capital markets than there are corporate shells, clean or otherwise to support the demand. Needless to say cleaning up a shell is a costly and a time consuming task as well as a painful solution for existing shareholders. The registration process by contrast can be a much more cost and time effective solution for a private company to gain exposure to the capital markets. Providing of course, the client company can supply the needed subject prerequisites, which are an experienced management team, a good business plan, and at least 2 yrs of audited financials to go through the registration process and be successful. We have developed relationships with CPAs, an auditing firm and our own SEC attorney through the course of CCAJ's corporate cleanup quest. Those relationships will be utilized and exploited by CCC to execute its business plan going forward.

"Lastly we are in talks with an array of private companies looking to go public, as we sign agreements we will make them known to the investing public. We are also talking to certain other personnel in the private to public industry to join our team, both for our subsidiary and or the parent company, CCAJ. We look forward to making further announcements in the very near future."

Forward-Looking Statements:

This report contains forward-looking statements, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our products, including acceptance by key customers, pricing pressures, rapid technological changes in the industry, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in customer order patterns, adverse changes in general economic conditions in the U.S. and internationally, risks associated with foreign operations and political and economic uncertainties associated with current world events.

Contact:

Investor Relations Contact Jeff Berkowitz 561-348-0524   Source: Coastal Capital Acquisition Corp.

Profile for Coastal Capital Acquisition Corp.

Coastal Capital Acquisition Corp. does not have significant operations. It intends to acquire or merge with manufacturing and transportation companies that are in the small to middle markets in North America. The company is based in Savannah, Georgia.



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