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CPI International to Announce Second Quarter 2006 Financial Results

PALO ALTO, Calif., May 8, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- CPI International, Inc. (Nasdaq: CPII), 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, is scheduled to file its Form 10-Q for the quarter ended March 31, 2006, with the Securities and Exchange Commission on Monday, May 15, 2006, and to issue a press release regarding its financial results for the quarter after the close of the Nasdaq National Market on the same day. CPI International will hold a telephonic conference call in conjunction with this release that will be simultaneously broadcast live over the Internet on the Company's Web site on May 16, 2006 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 2006 financial performance and the status of its business.



To participate in the conference call, please dial 800-798-2864, or 617-614-6206 for international callers, enter participant pass code 94428751 and ask for the CPI International Second Quarter 2006 Financial Results Conference Call.



A replay of the call will be available until May 23, 2006. To access the replay, please dial 888-286-8010, or 617-801-6888 for international callers, and enter pass code 60433469.



To access the call via the Web, please visit http://investor.cpii.com on the afternoon 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 investor relations section of the Company's Web site at http://investor.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; generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.



SOURCE CPI International, Inc.



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

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