In October 2008, Dallas-Based Lone Star CRA purchased Continental Electronics Corporation from Veritas Capital.

Continental believes the digital future of broadcast extends far beyond the ability to transmit high quality audio signals. Our products allow broadcasters to utilize the bandwidth generated by digital technology such as DRM and HD Radio to develop advanced broadcast-based applications. These advancements will enable Continental Electronics Corporation's customers to expand their product offerings into new market segments

Lone Star CRA has a keen understanding of Continental's core "radio business." Lone Star also has a deep faith in CEC's current and future business plans and is very excited and supportive of CEC's current and planned IR&D efforts and business projections for both domestic and international efforts. CEC will continue to focus on growth by developing new products as well as keeping its leadership role in domestic and world markets.
 

Lone Star New Markets LP ("LSNM") provides investment capital for companies located in underserved Texas communities.