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

CSPI Boosts Performance of FPDP Connection with Introduction of 2812/FPDP MultiComputer

BILLERICA, Massachusetts, January 23, 2002- CSP Inc. (NASDAQ: CSPI) MultiComputer Division, a leading supplier of high-performance cluster computing systems, today announced that the 2812/FPDP MultiComputer is available for customer shipment. Leveraging the strengths of the previous generation product and incorporating enhanced technology, the new 32-bit synchronous Front Panel Data Port MultiComputer delivers a sustained data transfer rate of 160 MB/sec for the most demanding digital signal processing environments.

The primary function of the cost effective 2812/FPDP MultiComputer is to provide flexibility, low latency and high performance I/O processing for large data acquisition applications. Designed in accordance with the high-performance data transfer standard (ANSI/VITA17-1999) the 2812/FPDP MultiComputer features a high bandwidth, dedicated I/O channel provided by the front panel data port, the computational speed of the MPC7400™ PowerPC processor and gigabit-per-second communication via the Myrinet-2000™ scalable cluster interconnect. The 2812/FPDP is ideally suited for applications, such as RADAR and SONAR, that require the rapid import of large volumes of data for real-time pre-processing and computational analysis prior to transmission to other systems.

"This second generation interface provides an efficient bridge between FPDP based I/O subsystems and our Myrinet based clustered MultiComputers" stated William Bent, Jr., General Manager and Vice President of CSPI MultiComputer Division. Easy to configure and implement, the 2812/FPDP MultiComputer offers a high-performance, cost-effective solution to the challenges presented by real-time data transfer requirements in embedded signal processing systems. "This is another example of CSPI embracing open standard interfaces to create high performance system building blocks for our customers."added Bent.

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

CSP Inc. MultiComputer Division supplies ultra dense high-performance cluster computing systems for the high-end defense/technical and commercial computing markets as well as high-performance embedded systems for the signal/image processing market. Applications expertise, product innovation, strong technical support, and dedicated customer service make CSPI one of the industry's leading providers of high-performance cluster computer systems.

Applying its three decades of experience, the CSPI MultiComputer Division designs, manufactures, sells and services high-performance cluster computer systems for computer intensive applications needing tens to hundreds of processors interconnected with a very high bandwidth network. All the CSPI MultiComputer Division's current product are easily scalable to a very large size, are specially designed to require minimum space and power and are based upon open and standard hardware and software components

Applying its three decades of experience, the CSPI MultiComputer Division designs, manufactures, sells and services high-performance cluster computer systems for computer intensive applications needing tens to hundreds of processors interconnected with a very high bandwidth network. All the CSPI MultiComputer Division's current product are easily scalable to a very large size, are specially designed to require minimum space and power and are based upon open and standard hardware and software components

For more information about CSP Inc. or the 2000 SERIES and FastCluster products, visit http://www.cspi.com or call us at 1 (800) 325-3110.

‘Safe Harbor Provision’ Statement’
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 liquidity of the Company's common stock, the future growth of CSP Inc., and the success of the Company's 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 dated November 27, 2001 with the Securities and Exchange Commission.