Fairview, PA – March 29, 2007 – Spectrum Control, Inc. (NASDAQ: SPEC), a leading designer and manufacturer of electronic control products and systems, today reported results for the first quarter ended February 28, 2007.

For the first quarter of fiscal 2007, the Company generated net income of $2,119,000 or 16 cents per share on sales of $32,887,000, compared to net income of $290,000 or two cents per share on sales of $25,560,000 for the first quarter of fiscal 2006.

Dick Southworth, the Company's President and Chief Executive Officer commented, "During the current quarter, our sales increased by $7.3 million or 29% from the same period last year, with 11% reflecting the impact of our recent business acquisitions and 18% arising from internal growth. Sales of our signal and power integrity products were particularly strong, up $3.9 million from a year ago, reflecting improved market conditions and greater availability of required ceramic components. Sales of our sensors and controls increased by $3.2 million from the comparable period last year, $2.3 million of which is acquisition-related, with the remaining growth generated by increased demand for our custom position sensors used in various commercial and military applications. As we continue to increase production at our new ceramic manufacturing facility in State College, Pennsylvania, our operating margins and overall profitability continue to improve. As a percentage of sales, our income from operations was 10.2% in the current quarter, compared to 8.8% for the preceding quarter and 1.3% for the first quarter of last year. With our new State College operation expected to fully meet our ceramic component needs during the second half of fiscal 2007, we believe our Company is poised for further growth and enhanced profitability."

First Quarter Highlights

Business Segment Discussion

Our operations are currently conducted in four reportable segments: signal and power integrity components; microwave components and systems; power management systems; and sensors and controls.

Our Signal and Power Integrity Components Business designs and manufactures a broad range of products including low pass electromagnetic interference (EMI) filters, filtered arrays and connectors, power entry modules, power line filters, antennas, and numerous value added assemblies. Sales of these products were $15.3 million in the current quarter, up $3.9 million or 34% from a year ago, primarily reflecting improved overall market conditions. Additionally, during the first quarter of 2006, our signal integrity product sales were negatively impacted by the aftermath of Hurricane Katrina and our inability to obtain the ceramic components necessary to complete certain signal product orders. Customer orders for our signal and power integrity components were $13.4 million in the current quarter, down 8% from the same period last year, principally reflecting timing differences in the receipt of orders from distributors.

Our Microwave Components and Systems Business designs and manufactures radio frequency (RF) and microwave filters, amplifiers, frequency mixers, oscillators, synthesizers, filter banks, and related products and integrated assemblies. Customer orders for these products totaled $12.8 million in the current quarter, an increase of $2.6 million or 25% from the comparable quarter of fiscal 2006. Sales of our microwave components and systems amounted to $11.1 million in the first quarter of fiscal 2007, an increase of $601,000 from the same period last year. In addition to EMF product sales of $399,000, this increase reflects the continued strong demand for these products in numerous military and aerospace applications.

Our Sensors and Controls Business was created with our acquisition of JDK Controls, Inc. in October 2005, and expanded with our acquisition of Advanced Thermal Products, Inc. (ATP) in July 2006. This business segment currently designs and manufactures precision potentiometers and position sensors, temperature sensing probes, thermistors, resistance temperature detector sensors, and related assemblies. Sales of our sensors and controls were $5.0 million in the current quarter, an increase of $3.2 million from the first quarter of fiscal 2006. In addition to ATP product sales of $2.3 million, the current quarter growth in sales principally reflects increased orders for our custom position sensors and related assemblies. These products are used in various commercial, aerospace and military markets, with major applications in medical and meteorological instruments, animatronics and robotics, aircraft flap position actuators, cockpit instrumentation, and military vehicles. Total customer orders received for our Sensors and Controls Business amounted to $5.8 million in the first quarter of fiscal 2007, an increase of $3.4 million from the comparable quarter of 2006.

Our Power Management Systems Business designs and manufactures power distribution units, breaker and fuse interface panels, custom power outlet strips, and our Smart Start power management systems. Customer orders for these systems totaled $2.1 million in the current quarter, up 35% from a year ago and up 28% sequentially from the fourth quarter of last year. Late in the current quarter, as certain telecom equipment manufacturers worked through temporary excess inventories, these customers began once again to order additional systems. Sales of our power management systems amounted to $1.6 million in the first quarter of fiscal 2007, and $1.9 million in the comparable quarter last year. We remain very optimistic about the long-term growth potential of these advanced systems which are used in various infrastructure equipment including optical networks, data centers, wireless base stations, and various military applications such as secure communications and unmanned vehicles.

Current Business Outlook

Mr. Southworth added, "Based upon our existing sales order backlog, recent customer order trends, and the continued successful ramp-up of our internal ceramic manufacturing capabilities, we currently expect our sales to be approximately $33.0 to $34.0 million for our second quarter ending May 31, 2007. If this sales level is achieved, we expect our second quarter earnings this year to be 18 to 19 cents per share, up more than 38% from the second quarter of last year. Encouraged by our strong first quarter performance, we believe our Company is strategically positioned for dynamic growth and greater profitability throughout fiscal 2007."

Forward-Looking Information

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.

Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Simultaneous Webcast and Teleconference Replay

Spectrum Control, Inc. will host a teleconference to discuss its 2007 first quarter results on Thursday, March 29, 2007, at 4:45 p.m., Eastern Time. Internet users will be able to access a simultaneous webcast of the teleconference at www.spectrumcontrol.com or www.vcall.com. A taped replay of the call will be available through March 30, 2007 at 877-660-6853, access account 286, conference 235563 or for 30 days over the Internet at the Company's website.

About Spectrum Control

Spectrum Control is a leading designer and manufacturer of components and systems used to condition, regulate, transmit, receive, or govern electronic performance. The Company's largest markets are military/aerospace and telecommunications equipment, with applications in secure communications, smart weapons and munitions, missile defense systems, avionic upgrades, wireless base stations, broadband switching equipment, and global positioning systems. Other markets for the Company's products include medical instrumentation, industrial equipment, computers, and storage devices.

For more information about Spectrum Control and its products, please visit the Company's website at www.spectrumcontrol.com.