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CellStar Schedules Fourth Quarter Earnings Release and Conference Call

8 February 2007

CellStar Corporation (OTC Pink Sheets: CLST) today announced that it plans to release to the wire services its fourth quarter and year-end financial results after the market closes on Monday, February 12, 2007, followed by a conference call on the morning of February 13, 2007. The full text of the press release will be available over First Call and on the Company's web site, http://www.cellstar.com , after the wire services have published the press release. After the release has been issued, CellStar Investor Relations will not be able to return phone calls until the conclusion of the conference call on February 13th.


For those investors who wish to listen to the conference call, the following information is provided:


CONFERENCE CALL - Tuesday, February 13, 2007


11:00 a.m. EASTERN 9:00 a.m. MOUNTAIN


10:00 a.m. CENTRAL 8:00 a.m. PACIFIC


To participate in the call, please dial: 877-381-5128 - Domestic


Please plan on calling the conference center at least 10 minutes before start time to avoid last minute congestion that may cause you to miss some of the prepared remarks at the beginning of the call. The actual conference call will last approximately 1 hour. Members of the media are again invited to listen to the live conference. Questions, however, will be taken only from members of the investment community.


Investors will have the opportunity to listen to the conference call via the link on CellStar's Investor Relations web site, and over the Internet through PR Newswire at http://www.videonewswire.com/event.asp?id=37802 . This call will also be directly available from the Bloomberg Professional Service, http://www.bloomberg.com and over the First Call Network. To listen to the live call, please go to the web site at least 15 minutes early to register, download and install any necessary audio software.


For those who cannot listen to the live broadcast, a replay will be available for 30 days after the conclusion of the call through the CellStar Investor Relations web site or through PR Newswire. Replay will also be available one hour after the conclusion of the call until 6:00 p.m. on Tuesday, February 20th by dialing 800-642-1687 (Domestic) and entering the reservation number 8342955.


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.

Source: prnewswire





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