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Re: Rager post# 42694

Friday, 09/15/2006 5:50:52 AM

Friday, September 15, 2006 5:50:52 AM

Post# of 72830
CLST - CellStar Enters Into Agreement With Total Call Mobile
Thursday September 14, 6:26 pm ET


COPPELL, Texas, Sept. 14 /PRNewswire-FirstCall/ -- CellStar Corporation (OTC Pink Sheets: CLST - News) announced today that it has entered into an agreement with Total Call Mobile, Inc., a Sprint authorized MVNO. CellStar is a preferred provider of a full range of integrated logistics services to Sprint authorized MVNOs. Under the terms of the agreement, CellStar will provide product procurement and fulfillment services including custom kitting, reverse logistics and repair and refurbishment services.



Total Call Mobile, Inc. is a newly formed mobile wireless services provider that offers prepaid and postpaid wireless voice and data communications services targeted to the expanding multi-cultural ethnic groups in the U.S. Total Call Mobile provides wireless voice and data communications using the Nationwide Sprint PCS® Network.

About CellStar Corporation

CellStar Corporation is a leading provider of logistics and distribution services to the wireless communications industry. CellStar has operations in North America and Latin America, and distributes handsets, related accessories and other wireless products from leading manufacturers to an extensive network of wireless service providers, agents, MVNOs, insurance/warranty providers and big box retailers. CellStar specializes in completely integrated forward and reverse logistics solutions, repair and refurbishment services, and in some of its markets, provides activation services that generate new subscribers for wireless service providers. For more information, visit http://www.cellstar.com .

This news release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. A variety of risk factors, including the Company's ability to implement its business strategies, manage cost-reduction actions, maintain its channels of distribution, continue to secure an adequate supply of competitive products on a timely basis and on commercially reasonable terms, maintain or improve its operating margins, secure adequate financial resources, maintain an adequate system of internal control, comply with debt covenants, and continually turn its inventories and accounts receivable, as well as changes in foreign laws, regulations and tariffs, continued consolidation in the wireless market, new technologies, system implementation or continuation difficulties, competition, handset shortages or overages, terrorist acts or other unforeseen events, economic weakness in the U.S. and other countries in which the Company does business and other risk factors, are discussed in the Company's Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q. Any one, or a combination of these risk factors could cause CellStar's actual results to vary materially from anticipated results or other expectations expressed in the Company's forward-looking statements.




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Source: CellStar Corporation


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