CPI Aero Re-Launches Corporate Website.

EDGEWOOD, N.Y. -- CPI Aerostructures, Inc. ("CPI Aero") (AMEX: CVU) announced today that its new corporate website is now live and online at www.cpiaero.com. The site was redesigned to reflect a new and vital era in the Company's development, which began on January 1st with the adoption of a new corporate logo, and the relocation to new, larger headquarters. E[acute accent]The website features new graphics and animation, including a splash opening with a T-38 flying across the screen to form the new CPI Aero logo. The website's Officers section also features two videos with CEO & President, Edward J. Fred. In one video, taped by Long Island daily newspaper, Newsday, Mr. Fred discusses the role CPI Aero plays in supplying the U.S. military with aircraft structure for widely used but out-of-production aircraft. This video also provides an overview of CPI's new headquarters and production facilities. The second video includes remarks by Mr. Fred at the ceremony in which he was honored as a finalist for the 2004 Ernst & Young Entrepreneur of the Year. E[acute accent]Commenting, Mr. Fred said, "The look of our new website, along with the content, conveys a company on the move, which is what we certainly are."

E[acute accent]ABOUT CPI AERO

E[acute accent]CPI Aero is engaged in the contract production of structural aircraft parts principally for the U.S. Air Force and other branches of the armed forces. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services. Among the key programs that CPI Aero supplies are the C-5A Galaxy cargo jet, the T-38 Talon jet trainer, the A-10 Thunderbolt attack jet, the E-3 Sentry AWACS jet and the MH-60S mine countermeasure helicopter.

E[acute accent]The above statements include forward looking statements that involve risks and uncertainties, which are described from time to time in CPI Aero's SEC reports, including CPI Aero's Form 10-KSB for the year ended December 31, 2003 and Forms 10-QSB for the quarters ended March 31, 2004, June 30, 2004 and September 30, 2004.