The CRYRING accelerator, previously located at the Manne Siegbahn Laboratory of Stockholm University, has been chosen by the FLAIR collaboration as the central accelerator for the planned facility. It has been modified to allow for high-energy injection and extraction and is capable of providing fast and slow extracted beams of antiprotons and highly charged ions. It is currently being installed at the ESR of GSI Darmstadt where it can be used with highly charged ions. The future possibilities for its use with slow antiprotons will be discussed.