Lonestar Capital Corp.

Lonestar Capital Corp.

May 15, 2008 09:15 ET

Northstar Healthcare CFO to Join Lonestar Board

HOUSTON, TEXAS--(Marketwire - May 15, 2008) - Lonestar Capital Corporation (TSX VENTURE:LON.P) ("Lonestar" or the "Company") is pleased to announce that Mr. Kenneth "Kenny" Klein has agreed to join the Company's Board of Directors.

Mr. Klein is the Chief Financial Officer of Northstar Healthcare Inc. (TSX: NHC). Harry Fleming, CEO of Lonestar, commented, "Mr. Klein's extensive knowledge of the Canadian public markets and his wealth of experience in acquisitions and financings will compliment the experience and background of the directors and executive team at Lonestar."

About Lonestar Capital Corp.

Lonestar is a capital pool company listed on the TSX Venture Exchange. The principal business of Lonestar is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Company has not commenced commercial operations and has no assets other than cash. The Company has commenced the process of identifying potential acquisitions. To date, the Company has not yet identified a company or assets for a potential Qualifying Transaction. Furthermore, the Company has not entered into an Agreement in Principle.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company assumes no obligation to for the accuracy or completeness of those forward looking statements and undertakes no obligation to revise these forward looking statements to reflect subsequent events or circumstances. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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