Lafitte Capital Management has decided to support the director candidates nominated by the CPI board of directors at CPI's upcoming annual meeting of stockholders.

Lafitte Capital Management has decided to support the director candidates nominated by the CPI board of directors at CPI's upcoming annual meeting of stockholders.

Bryant Regan, general partner, says: "We intend to vote our shares, which represent approximately 7.8 per cent of CPI's outstanding shares, in favor of all of the CPI board's nominees at the upcoming annual meeting. We are pleased with the strategic direction of the company under the stewardship of the CPI board.

'Furthermore, we are extremely pleased with the board's slate, which includes the nomination of Paul Finkelstein. We believe Mr. Finkelstein will bring highly relevant experience and expertise to the CPI board. After speaking with both CPI and Ramius, we feel that the interests of our clients are best served by electing the directors nominated by the CPI board of directors."

Lafitte Capital Management is an Austin Texas-based hedge fund management firm. The firm manages the Lafitte series of funds.