Fairview, PA, June 26, 2007 -----Spectrum Control, Inc. (NASDAQ: SPEC), a leading designer and manufacturer of electronic control products and systems, today reported results for the second quarter ended May 31, 2007.

For the second quarter of fiscal 2007, the Company reported net income of $2.8 million or 21 cents per share (20 cents diluted) on sales of $33.6 million, compared to net income of $1.7 million or 13 cents per share on sales of $31.9 million for the same period last year. For the first half of fiscal 2007, the Company had net income of $4.9 million or 37 cents per share (36 cents diluted) on sales of $66.4 million. For the comparable period of 2006, the Company had net income of $2.0 million or 15 cents per share on sales of $57.4 million.

Dick Southworth, the Company's President and Chief Executive Officer, commented, "During the current quarter, full production was achieved at our new ceramic manufacturing facility in State College, Pennsylvania, As a result, our material costs decreased significantly as substantially all purchases of specialty ceramic components from third party suppliers were eliminated. Driven by these lower costs, our income from operations improved to 13.4 percent of sales in the current quarter, and earnings grew by 59 percent over the prior year period, while our net income rose to 8.2 percent of sales. With operating efficiencies and productivity at our new State College facility expected to further improve throughout the year, we believe our Company is poised for additional profitability and enhanced shareholder value."

Second 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, filter plates, filtered connectors, circular connectors, specialty ceramic capacitors, power entry modules, power line filters, antennas, and numerous value added assemblies. Sales of signal and power integrity components were relatively stable in the current period, with sales of $14.8 million in the current quarter and $ 15.0 million in the comparable quarter a year ago. Sales of these products were $30.0 million in the first six months of fiscal 2007, up $3.7 million from the same period last year. In the first half of fiscal 2006, our signal integrity product sales were negatively impacted by the aftermath of Hurricane Katrina and our inability to obtain ceramic components necessary to complete certain signal product orders.

Our Microwave Components and Systems Business designs and manufactures microwave filters, amplifiers, frequency mixers, oscillators, synthesizers, multiple channel filter banks, and related products and integrated assemblies. Sales for this business segment were $11.7 million in the current quarter, compared to $13.4 million for the second quarter of 2006. In the first half of fiscal 2007, microwave product sales amounted to $22.8 million, versus $23.9 million in the comparable period of 2006. After experiencing significant growth throughout the last two years, shipments of these products decreased in the current period as certain major military-related programs were completed and not yet fully renewed or replaced with the next generation of products. We expect this normal program transition period to be completed later in this year, after which we believe our microwave components and systems will resume their positive historical growth rate.

Our Sensors and Controls Business designs and manufactures rotary and linear precision potentiometers, temperature sensing probes, thermistors, resistance temperature detector sensors, and related assemblies. Sales of our sensors and controls were $5.2 million in the current quarter, an increase of $3.2 million or 157% from the second quarter of fiscal 2006. Of this increase, $2.4 million relates to our acquisition of Advanced Thermal Products, Inc. in July of last year, with the additional current quarter growth reflecting 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, military vehicles, and various automotive controls. For the first six months of fiscal 2007, sales of our sensors and controls were $10.1 million, up $6.4 million from the comparable period last year.

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. Sales for these products amounted to $1.9 million in the second quarter of fiscal 2007, up 27% from the same period last year, as certain customers resumed ordering after completing consumption of their temporary excess inventories. For the first half of fiscal 2007, sales for these products were $ 3.4 million, about even with a year ago. We continue to be optimistic about the long-term growth potential of our advanced power management systems, which are used in various infrastructure equipment including voice-over-internet protocol (VoIP), unmanned military transport equipment, wireless base stations, and switching gear.

Current Business Outlook

Mr. Southworth stated, "Based on our current assessment of customer demand and our existing customer order backlog, we presently expect our 2007 third quarter sales to be $34.5 to $35.5 million. Based on this shipment level, and continued improvements in operating margin driven by our new State College ceramic manufacturing facility, we expect our 2007 third quarter earnings to be approximately 22 to 23 cents per share, which would represent an increase of over 57% from the comparable period of 2006. Beyond the third quarter, we firmly believe that our Company is strategically positioned for dynamic growth and greater profitability."

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 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 release.

Simultaneous Webcast and Teleconference Replay

Spectrum Control, Inc. will host a teleconference to discuss its second quarter results on Tuesday, June 26, 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 June 27, 2007 at 877-660-6853, access account 286, conference 244782, or for 30 days over the Internet at the Company's website.

About Spectrum Control

Spectrum Control designs and manufacturers a wide range of components and systems used to condition, regulate, transmit, receive, or govern electronic performance. The Company’s largest markets are military and communications equipment, with applications in secure communications, smart weapons and munitions, countermeasures for improvised explosive devices, missile defense systems, wireless base stations, broadband switching gear, and global positioning systems.

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