CTAC ChaSerg Technology Acquisition Corporation

ClearLab, a subsidiary of 1-800 CONTACTS (Nasdaq:CTAC), the world�s largest retailer of contact lenses, announced today that BRANDPACKAGING magazine has awarded its new AquaSoft Singles a position in the 2007 Design Gallery, the publication�s annual book honoring the most innovative package designs of the year. ClearLab introduced the new packaging at a gala event in New York last July, hosted by former NBC and ABC anchorperson Forrest Sawyer. �AquaSoft Singles� unique flat design, just the thickness of a credit card, is a breakthrough in convenience and better hygiene,� said Allen Hwang, ClearLab�s Marketing Vice President. �People can carry thirty lenses in a small pack the size of an old fashioned contact lens case that only holds two lenses; and are now able to insert their lenses by touching only the outside of the lens.� ClearLab was recently granted patents in the US and Japan for its AquaSoft Singles flat pack and the company has numerous patent claims granted or pending including: Compression of a lens in a primary package Presentation of the outside surface of the lens upon opening Unique right and left primary packaging Right and left lenses delivered in the same secondary package �Each year, we feature an annual selection of consumer package designs that increase functionality, fill unmet consumer needs and align with the strategies of their respective brands,� said Jennifer Acevedo, editor in chief, BRANDPACKAGING magazine, which publishes the Design Gallery. �AquaSoft�s innovative thinking in minimizing the thickness of their packaging, which offers great consumer convenience and reduces the potential for infection by minimizing excessive lens handling, is a perfect example of a brand doing just that.� The 2007 Design Gallery provides dynamic, real world examples of packaging that sells. Editors from BRANDPACKAGING have selected 60+ packages in each of the major material types that embrace structural innovation, connect with graphic appeal, provide consumer utility and convey brilliant marketplace insights. These packages represent the spectrum of product categories, from food and beverage, to cosmetics and personal care, to household cleaners, pharmaceutical, pet food and consumer electronics. For more information, visit www.brandpackaging.com. About ClearLab ClearLab develops and manufactures a wide range of disposable contact lens products and distributes these lenses in markets outside of the United States. More information about ClearLab can be found at its website, www.clearlab.com. More information about AquaSoft Singles, including hi-resolution photos and video, can be found at www.aquasoft.com. Forward-looking Statements This news release contains a number of statements about the Company's future business prospects which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this release include all statements which are not purely historical and include, but are not necessarily limited to, statements relating to the Company's commitment to a separation of ClearLab from the U.S. retail business; the Company's intention to announce terms of that separation by the end of March 2007; anticipated net sales and operating income for the fourth quarter of fiscal 2006 and fiscal years 2006 and 2007; the Company's intention to increase advertising spending in fiscal 2007; and any statements relating to the potential consolidation of ClearLab operations. All such forward-looking statements are based upon information available to 1-800 CONTACTS as of the date hereof, and the Company disclaims any intention or obligation to update any such forward-looking statements. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, among others: general economic conditions, the health and size of the contact lens industry, consumer acceptance of ClearLab's products, product health benefits, the outcome of the strategic review of ClearLab, inventory acquisition and management, manufacturing operations, governmental regulations, exchange rate fluctuations, advertising spending and effectiveness, unanticipated costs and expected benefits associated with the Japanese license agreement and the Company's supply agreements and related arrangements, research and development initiatives, prescription verification requirements of The Fairness to Contact Lens Consumers Act, other regulatory considerations, and the other risks and uncertainties identified in the reports filed from time to time by 1-800 CONTACTS with the U.S. Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K. Information on the Company's websites, other than the information specifically referenced in this press release, shall not be deemed to be part of this press release. ClearLab, a subsidiary of 1-800 CONTACTS (Nasdaq:CTAC), the world's largest retailer of contact lenses, announced today that BRANDPACKAGING magazine has awarded its new AquaSoft Singles a position in the 2007 Design Gallery, the publication's annual book honoring the most innovative package designs of the year. ClearLab introduced the new packaging at a gala event in New York last July, hosted by former NBC and ABC anchorperson Forrest Sawyer. "AquaSoft Singles' unique flat design, just the thickness of a credit card, is a breakthrough in convenience and better hygiene," said Allen Hwang, ClearLab's Marketing Vice President. "People can carry thirty lenses in a small pack the size of an old fashioned contact lens case that only holds two lenses; and are now able to insert their lenses by touching only the outside of the lens." ClearLab was recently granted patents in the US and Japan for its AquaSoft Singles flat pack and the company has numerous patent claims granted or pending including: -- Compression of a lens in a primary package -- Presentation of the outside surface of the lens upon opening -- Unique right and left primary packaging -- Right and left lenses delivered in the same secondary package "Each year, we feature an annual selection of consumer package designs that increase functionality, fill unmet consumer needs and align with the strategies of their respective brands," said Jennifer Acevedo, editor in chief, BRANDPACKAGING magazine, which publishes the Design Gallery. "AquaSoft's innovative thinking in minimizing the thickness of their packaging, which offers great consumer convenience and reduces the potential for infection by minimizing excessive lens handling, is a perfect example of a brand doing just that." The 2007 Design Gallery provides dynamic, real world examples of packaging that sells. Editors from BRANDPACKAGING have selected 60+ packages in each of the major material types that embrace structural innovation, connect with graphic appeal, provide consumer utility and convey brilliant marketplace insights. These packages represent the spectrum of product categories, from food and beverage, to cosmetics and personal care, to household cleaners, pharmaceutical, pet food and consumer electronics. For more information, visit www.brandpackaging.com. About ClearLab ClearLab develops and manufactures a wide range of disposable contact lens products and distributes these lenses in markets outside of the United States. More information about ClearLab can be found at its website, www.clearlab.com. More information about AquaSoft Singles, including hi-resolution photos and video, can be found at www.aquasoft.com. Forward-looking Statements This news release contains a number of statements about the Company's future business prospects which are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this release include all statements which are not purely historical and include, but are not necessarily limited to, statements relating to the Company's commitment to a separation of ClearLab from the U.S. retail business; the Company's intention to announce terms of that separation by the end of March 2007; anticipated net sales and operating income for the fourth quarter of fiscal 2006 and fiscal years 2006 and 2007; the Company's intention to increase advertising spending in fiscal 2007; and any statements relating to the potential consolidation of ClearLab operations. All such forward-looking statements are based upon information available to 1-800 CONTACTS as of the date hereof, and the Company disclaims any intention or obligation to update any such forward-looking statements. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, among others: general economic conditions, the health and size of the contact lens industry, consumer acceptance of ClearLab's products, product health benefits, the outcome of the strategic review of ClearLab, inventory acquisition and management, manufacturing operations, governmental regulations, exchange rate fluctuations, advertising spending and effectiveness, unanticipated costs and expected benefits associated with the Japanese license agreement and the Company's supply agreements and related arrangements, research and development initiatives, prescription verification requirements of The Fairness to Contact Lens Consumers Act, other regulatory considerations, and the other risks and uncertainties identified in the reports filed from time to time by 1-800 CONTACTS with the U.S. Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K. Information on the Company's websites, other than the information specifically referenced in this press release, shall not be deemed to be part of this press release.