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CPI International to Present at Bear Stearns 2006 SMid-Cap Investor Conference

PALO ALTO, Calif., Nov. 8 /PRNewswire-FirstCall/ -- Joe Caldarelli, chief executive officer of CPI International, Inc. (Nasdaq: CPII) is scheduled to present at the Bear Stearns 2006 SMid-Cap Investor Conference at 2:50 p.m. (EST) on Tuesday, November 14, 2006 at Bear Stearns' Headquarters in New York. CPI International 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.

The presentation will be broadcast live simultaneously over the Internet. To access the broadcast, please visit http://cc.talkpoint.com/BEAR002/111406a_cy/?entity=cpi on the afternoon of the presentation. After the live presentation, the online archive of the broadcast will remain available on the site for 180 days. The slide presentation discussed at the conference will also be available in the Presentations section of CPI International'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.
11/08/2006

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

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