Ann Desrochers
CSP Inc. MultiComputer Division
1 (800) 325-3110 ext. 2200
adesroch@cspi.com

BILLERICA, Massachusetts, April 7, 2003 - CSP Inc. (NASDAQ: CSPI) MultiComputer Division, a leading supplier of embedded high-performance cluster computing systems, announced that it is now delivering 2842 MultiComputers, top-of-the-line, high-performance processing modules for the 2000 SERIES and FastCluster product lines.

The core design of the 2842 MultiComputer features four processing nodes each with 256 MB of ECC SDRAM, 32 MB of FLASH, 2 MB of L2 Cache, the latest 500 MHz MPC7410 PowerPC microprocessor with AltiVec™ technology and the Myrinet-2000 cluster interconnect packaged in a single slot 6U form factor. The 2842 MultiComputer enables the configuration of an embedded system that provides the processing power, density, and interconnect required to address the most demanding signal processing applications.

"The architecture of the 2842 MultiComputer is ideally matched to the needs of large compute-intensive applications," stated William Bent, Jr., General Manager and Vice President of CSPI MultiComputer Division. "Hundreds of 2842s can be networked together using the highly scalable Myrinet-2000 cluster interconnect to provide an unbeatable solution for very large database problems as well as for complex signal processing applications requiring large system memory."

Maintaining full compatibility with existing 2000 SERIES and FastCluster system modules and software, the 2842 MultiComputer will run an existing applications seamlessly while offering a 25% increase in performance.

The 2000 SERIES and FastCluster software is optimized for maximum performance on the 2842 MultiComputers. 2000 SERIES software support for the 2842 MultiComputer is based upon the industry-standard VxWorks™ real-time operating system and its Tornado II development tool-set. FastCluster software support for the 2842L MultiComputer is based upon open source Linux operating system. CSPI’s highly optimized ISSPL-ALT and VSIPL Math libraries and industry-standard Message Passing Interface (MPI) library for interprocessor communications are offered for both product lines.

"CSPI continues to offer high-performance, truly scalable multiprocessing systems based on the most advanced technologies available," said Alexander Lupinetti, President, Chief Executive Officer and Chairman of the Board. "The leading-edge open technologies incorporated into the design of our products allow us to deliver to our customers extraordinary performance value that is unmatched in the marketplace."

More information on the 2842 MultiComputer is available in a data sheet on the CSPI web site, http://www.cspi.com/multicomputer/products/2000_SERIES/2842.pdf

About CSP Inc.
Based in Billerica, Massachusetts, CSP Inc. (NASDAQ: CSPI) and its subsidiaries develop and market E-business solutions, image-processing software, network management, storage systems and security integration services and high-performance computer systems for commercial, scientific, and defense customers worldwide.

The MultiComputer Division helps its customers solve high-performance computing problems in the medical imaging and defense markets by supplying very dense multiprocessing systems with powerful real-time I/O capabilities that require minimal physical space or power. These systems are used in a broad array of applications, including radar, sonar and surveillance signal processing.

For more information about CSP Inc., visit http://www.cspi.com or call us at 1 (800) 325-3110.

‘Safe Harbor Provision’
CSP Inc. wishes to take advantage of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 with respect to statements that may be deemed to be forward-looking statements under the Act. Such forward-looking statements may include, but are not limited to, statements regarding the success of the Company and its subsidiary's products and services. The Company cautions that numerous factors could cause actual results to differ materially from any forward-looking statements made by the Company. Please refer to the section on forward-looking statements included in the Company's Form 10-K filed with the Securities and Exchange Commission.