CPI Aerostructures to Report 2012 Third Quarter Financial Results and Conduct Conference Call on Friday, November 9th

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that it will issue its financial results for the third quarter ended September 30, 2012 on Friday, November 9, 2012 prior 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 10:00 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 (201) 493-6739. Please call in 10 minutes before the conference call 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 lcati@equityny.com.

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.

Of note, due to severe weather conditions, CPI Aero’s results will be released two days later than originally scheduled. The rescheduling will provide the Company’s auditors with the time needed to complete their work. Although CPI Aero did not suffer any damage from the storm and did not lose power, to ensure employee safety, the Company closed its facility for two days – October 29th and 30th. As of October 31st, CPI Aero is operating under normal conditions.

About CPI Aero

CPI Aero is engaged in the contract production of structural aircraft parts for leading prime defense contractors, the U.S. Air Force, and other branches of the armed forces. CPI Aero also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. 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 E-2D Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, the S-92® helicopter, the MH-60S mine countermeasure helicopter, AH-1Z ZULU attack helicopter, the HondaJet-Advanced Light Jet, the MH-53 and CH-53 variant helicopters, the C-5A Galaxy cargo jet, and the E-3 Sentry AWACS jet. CPI Aero is included in the Russell 2000® Index.

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-K for the year ended December 31, 2011 and Form 10-Q for the quarters ended March 31, 2012 and June 30, 2012.

CPI Aero® is a registered trademark of CPI Aerostructures, Inc.