CPI Aerostructures to Report Third Quarter 2006 Financial Results and Conduct Conference Call on Tuesday, November 14th.

EDGEWOOD, N.Y. -- CPI Aerostructures, Inc. ("CPI Aero") (AMEX: CVU) today announced that it will issue its financial results for the third quarter 2006 on Tuesday, November 14thprior to the opening of the stock market. CPI Aero's President & CEO, Edward J. Fred and CFO, Vincent Palazzolo will host a conference call at 11:00 am ET that day to discuss these results as well as recent corporate developments. After opening remarks, there will be a question and answer period. Interested parties may participate in the call by dialing 706-679-3079. Please call in 10 minutes before the conference is scheduled to begin and ask for the CPI Aero call. Questions may be asked during the live call, or alternatively, you may e-mail questions in advance to [e-mail].

The conference call will also be broadcast live over the Internet. To listen to the live call, please go to www.cpiaero.com, click on the Investor Relations section, then to The Event Calendar where the conference call is posted. Please go to the website 15 minutes early to download and install any necessary audio software. If you are unable to listen live, the conference call will be archived and can be accessed for approximately 90 days. We suggest listeners use Microsoft Explorer as their browser.

CPI Aero is engaged in the contract production of structural aircraft parts for the U.S. Air Force, other branches of the armed forces and leading prime defense contractors. 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, UH-60 Black Hawk helicopter, and the MH-60S mine countermeasure helicopter.