8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 25, 2008

CPS TECHNOLOGIES CORPORATION(Exact Name of Registrant as Specified in its Charter)

Delaware	0-16088	04-2832409
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
111 South Worcester Street, Norton, Massachusetts		02766
(Address of principal executive offices)		(Zip Code)
Registrant`s telephone number, including area code		508-222-0614
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to rule 14d-2(b) under the
Exchange Act (17CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4( c)) under the
Exchange Act (17 CFR 240.13e-4( c)).

Item 2.02 Results of Operations and Financial Condition

On March 25, 2008, the Company issued a press release announcing its financial results for the fiscal year ended December 29, 2007. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein in its entirety by reference.

Cautionary Note Regarding Forward-Looking Statements.
Except for historical information contained in the press release attached as an exhibit hereto, the press release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Please refer to the cautionary note in the press release regarding these forward-looking statements.

Item 9.01 Financial Statements and Exhibits

(d)

EXHIBIT NUMBER	DESCRIPTION
99	Press released dated March 25, 2008 of CPS Technologies Corporation announcing its financial results for the fiscal year ended December 29, 2007.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CPS Technologies Corporation (Registrant)
Date: March 25, 2008	/s/ Grant C. Bennett Grant C. Bennett President and Treasurer (Principal Executive Officer)

EXHIBIT INDEX

EXHIBIT NUMBER	DESCRIPTION
99	Press released dated March 25, 2008 of CPS Technologies Corporation announcing its financial results for the fiscal year ended December 29, 2007.

EX-99

CPS Technologies Corporation
Grant Bennett, President
111 South Worcester Street
Norton, MA 02766
Telephone: (508) 222-0614 ext 218 Fax: (508) 222-0220
Web Site: www.alsic.com

CPS TECHNOLOGIES CORPORATION ANNOUNCES 2007 RESULTS

Norton, Massachusetts, March 25, 2008. CPS Technologies Corporation (OTCBB: CPSH), a provider of advanced material solutions, today announced revenue of $12.5 million and net income of $949 thousand or $0.08 per basic share, $0.07 per diluted share, for the fiscal year ended December 29, 2007. This compares with revenue of $11.9 million and net income of $1.8 million or $0.14 per basic and diluted common share for the fiscal year ended December 30, 2006.

Revenue for the quarter ended December 29, 2007 was $3.2 million and net income was $252 thousand or $0.02 per basic and diluted share. This compares with revenue of $3.8 million and net income of $1.1 million or $0.09 per basic and $0.08 per diluted share for the quarter ended December 30, 2006. As described previously, revenues in Q4 2006 spiked due to increased shipments of baseplates for cellular telephone basestations resulting from specific contractual deadlines of customers rather than representing an increase in underlying demand, and, as expected, reduced 2007 demand for this product.

Net income in 2007 was lower than 2006 due to product mix changes, higher employment levels maintained in anticipation of growth, and differences in income tax benefits resulting from a reduction in the valuation allowance of the Company`s deferred tax assets. Net income in 2007 included income tax benefits of $58 thousand compared to income tax benefits of $288 thousand in 2006.

Grant Bennett, President, said, "We enter 2008 with significantly strengthened fundamentals compared to a year ago. These fundamentals include a broader customer base and forecasts from key customers showing increased demand in 2008 particularly for baseplates for motor controllers and flip chip heat spreaders. In 2008 we believe we will begin to see meaningful revenues from baseplates used in hybrid and electric vehicles. In 2008 we are continuing to provide prototypes of our HybridTech metal matrix composite armor tiles to armor integrators as we seek production orders. Last year we achieved both our market and technical objectives in our newest product line, hermetic metal packages, including introducing hermetic metal packages incorporating AlSiC components. We expect significant growth in this product line in 2008.

In terms of profitability, we believe we will benefit from the investments in equipment and facilities made in 2007 as our unit shipments grow in 2008."

This release does contain forward-looking statements. Various factors could cause actual results to differ materially from those projected in such statements. These factors include, but are not limited to, a general economic or business downturn in 2008 or a downturn in the electronics industry.

CPS TECHNOLOGIES CORPORATION
(OTCBB: CPSH)
Year Ended	Dec 29, 2007	Dec 30, 2006
Revenues	$ 12,466,569	$ 11,907,701
Net income	$ 948,598	$ 1,778,055
Basic income per share	$ 0.08	$ 0.14
Weighted average basic shares	12,542,962	12,472,778
Diluted income per share	$ 0.07	$ 0.14
Weighted average diluted shares	13,298,687	13,066,641
Quarter Ended:	Dec 29, 2007	Dec 30, 2006
Revenues	$ 3,156,845	$ 3,847,163
Net income	$ 251,831	1,092,318
Basic income per share	$0.02	$ 0.09
Weighted average basic shares	12,551,849	12,521,959
Diluted income per share	$0.02	$0.08
Weighted average diluted shares	13,303,006	13,104,063