add_meta_box() not working?

3.1 add_meta_box() doesnt seem to be working?

Am i doing something wrong?

<?php
add_action('admin_menu', 'my_post_options_box');

function my_post_options_box() {
add_meta_box('post_info', 'Post Information', 'custom_post_info', 'post', 'side', 'high');
}

//Adds the actual option box
function custom_post_info() {
global $post;
?>
<fieldset id="mycustom-div">
<div>
<p>
<label for="cpi_dropdown_options" >Dropdown Options:</label><br />
<select name="cpi_dropdown_options" id="cpi_dropdown_options">
<option<?php selected( get_post_meta($post->ID, 'cpi_dropdown_options', true), 'Option 1' ); ?>>Option 1</option>
<option<?php selected( get_post_meta($post->ID, 'cpi_dropdown_options', true), 'Option 2' ); ?>>Option 2</option>
<option<?php selected( get_post_meta($post->ID, 'cpi_dropdown_options', true), 'Option 3' ); ?>>Option 3</option>
</select>
<br />
<br />
<label for="cpi_text_option">Text Option:</label><br />
<input type="text" name="cpi_text_option" id="cpi_text_option" value="<?php echo get_post_meta($post->ID, 'cpi_text_option', true); ?>">
</p>
</div>
</fieldset>
<?php
}

add_action('save_post', 'custom_add_save');
function custom_add_save($postID){
// called after a post or page is saved
if($parent_id = wp_is_post_revision($postID))
{
$postID = $parent_id;
}

if ($_POST['cpi_dropdown_options']) {
update_custom_meta($postID, $_POST['cpi_dropdown_options'], 'cpi_dropdown_options');
}
if ($_POST['cpi_text_option']) {
update_custom_meta($postID, $_POST['cpi_text_option'], 'cpi_text_option');
}
}

function update_custom_meta($postID, $newvalue, $field_name) {
// To create new meta
if(!get_post_meta($postID, $field_name)){
add_post_meta($postID, $field_name, $newvalue);
}else{
// or to update existing meta
update_post_meta($postID, $field_name, $newvalue);
}
}
?>