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CPI International to Announce Third Quarter 2007 Financial Results

PALO ALTO, Calif., July 24 /PRNewswire-FirstCall/ -- 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, expects to file its Form 10-Q for the third fiscal quarter ended June 29, 2007, with the Securities and Exchange Commission on Monday, August 13, 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, August 14, 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 third quarter of fiscal 2007 financial performance and the status of its business.

To participate in the conference call, please dial (866) 356-3095, or (617) 597-5391 for international callers, enter participant pass code 75024660 and ask for the CPI International Third Quarter 2007 Financial Results Conference Call.

A replay of the call will be available until Wednesday, August 22, 2007. To access the replay, please dial (888) 286-8010, or (617) 801-6888 for international callers, and enter pass code 77434630.

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.

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. - 07/24/2007

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

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