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CPI International to Announce Second Quarter 2007 Financial Results

PALO ALTO, Calif., April 18 /PRNewswire-FirstCall/ -- CPI International, Inc. (Nasdaq: CPII), the parent company of Communications & Power Industries, Inc. (CPI), a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications, expects to file its Form 10-Q for the second fiscal quarter ended March 30, 2007, with the Securities and Exchange Commission on Monday, May 14, 2007, and to issue a press release regarding its financial results for the quarter after the close of the Nasdaq Stock Market on the same day. CPI International will hold a telephonic conference call in conjunction with this release that will be broadcast live simultaneously over the Internet on the company's Web site on Tuesday, May 15, 2007 at 11:00 a.m. (EDT). Joe Caldarelli, chief executive officer of CPI International, and Joel Littman, chief financial officer, will host the call. Topics discussed on the call will include the company's second quarter of fiscal 2007 financial performance and the status of its business.



To participate in the conference call, please dial (866) 543-6405, or (617) 213-8897 for international callers, enter participant pass code 70008445 and ask for the CPI International Second Quarter 2007 Financial Results Conference Call.

A replay of the call will be available until Wednesday, May 23, 2007. To access the replay, please dial (888) 286-8010, or (617) 801-6888 for international callers, and enter pass code 57157901.

To access the call via the Web, please visit http://investor.cpii.com on the morning of the call. Interested parties should allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast. After the live call, the online archive of the broadcast will remain available on the site for one year. Additional information presented on the conference call may be made available in the Investors section of the company's Web site at http://investor.cpii.com.

CPI has recently launched a newly redesigned Web site to provide investors, analysts, customers, partners and other interested audiences with comprehensive, up-to-date information about the company, its products and the markets it serves. Please visit CPI's new Web site at http://www.cpii.com.



About CPI International, Inc.

CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify and transmit high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.

SOURCE CPI International, Inc. - 04/18/2007

CONTACT:
Amanda Mogin of Communications & Power Industries, investor relations,
+1-650-846-3998, or amanda.mogin@cpii.com

Web site: http://www.cpii.com

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