Meade Instruments Corp. (Nasdaq:MEAD) today announced that the company will postpone the release of its results for the fourth quarter and fiscal year ended February 28, 2007, to Thursday, May 24, 2007. The Company expects to file its Annual Report on Form 10-K by May 29, 2007.

The Company has elected to postpone the release to allow its independent auditors additional time to complete their normal review of the Company's results for its 2007 fiscal year. There have not been any significant audit issues identified to date and the postponement of the release should not be construed as anything other than an accommodation of time.

About Meade Instruments

Meade is a leading designer and manufacturer of optical products including telescopes and accessories for the beginning to serious amateur astronomer. Meade offers a complete line of binoculars under the Bresser®, Meade®, and Simmons® brand names that address the needs of everyone from the casual observer to the serious sporting or birding observer. Meade also offers a complete line of riflescopes under the Simmons®, Weaver®, and Redfield® brand names. The Company distributes its products worldwide through a network of specialty retailers, mass merchandisers and domestic and foreign dealers and distributors. Additional information on Meade is available at www.meade.com.

?Safe-Harbor? Statement under the Private Securities Litigation Reform Act of 1995: This news release contains comments and forward-looking statements based on current plans, exceptions, events, and financial and industry trends that may affect the Company's future operating results and financial position expectations. Such statements involve risks and uncertainties which cannot be predicted or quantified and which may cause future activities and results of operations to differ materially from those discussed above. Such risks and uncertainties include, without limitation: the Company's expectation that it will file its Annual Report on Form 10-K by May 29, 2007; any significant decline in general economic conditions or uncertainties affecting consumer spending; any general decline in demand for the Company's products; the Company's inability to develop and bring to market new and innovative products; any loss of, or failure to replace, any significant portion of the sales made to any significant customer of the Company; the risks and uncertainties associated with litigation; the inherent risks associated with international sales, as well as the other risks and uncertainties previously set forth in the Company's filings with the Securities and Exchange Commission. For additional information, refer to the Company's filings with the Securities and Exchange Commission.