On March 28, 2007, during a Special Meeting of Stockholders of CellStar Corporation (the "Company"), holders of a majority of the Company's outstanding common stock voted to approve the sale of its U.S. and Mexico operations, the Liquidation and Dissolution proposal, and the amendment of CellStar's Certificate of Incorporation to change the corporate name to CLST Holdings, Inc. On April 3, 2007, the Company formally changed its name to CLST Holdings, Inc. For more information on the Plan of Dissolution, please refer to the Proxy Statement filed by the Company on February 21, 2007. Effective May 31, 2007, CLST Holdings, Inc, is currently traded on the over-the-counter (OTC) market under the symbol CLHI and is quoted on the Pink Sheets.