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

BILLERICA, Massachusetts, December 20, 2002 - CSP Inc. (NASDAQ: CSPI) MultiComputer Division, a leading supplier of embedded high-performance cluster computing systems, today launched their new JumpGate-I product. The JumpGate-I is a new MultiComputer board designed with an architecture that is ideally suited for applications that demand high-density packaging, powerful I/O capabilities and superior computational throughput.

With three decades of experience designing systems for real-time signal processing in radar and sonar applications, CSPI has now combined the best of class I/O with supercomputing computational power in the JumpGate-I product. The product is currently under evaluation for surveillance applications on Unmanned Aerial Vehicles (UAVs), as well as for a variety of applications where extremely high I/O bandwidth is a critical requirement.

Supporting both open source Linux, and the industry standard VxWorks™ real-time operating systems, this product affords the user a choice in selecting the software environment best suited to their application requirements. The JumpGate-I leverages open standards for "plug and play" interoperability, a compact footprint, and a durable packaging design that incorporates environmental sensors and hot-swap capabilities for easy integration with other system components.

The JumpGate-I offers up to 1 GB of ECC SDRAM and two PMC expansion slots with 528 MB/s of PCI I/O throughput for rapidly collecting vital data. The 64-bit, 66 MHz PCI Standard Interface and IEEE P1386.1 compliant expansion slots can accommodate a host of PMC modules enhancing the systems functionality with SCSI, Fiber Channel, Serial FPDP and Fast Ethernet I/O devices. Featuring dual 500 MHz MPC7410 PowerPC microprocessors with AltiVec™ technology, the JumpGate-I can simultaneously receive/transmit, and process large amounts of data to deliver timely, accurate and complete information for making critical decisions. "Achieving the right balance between cost, functionality and performance provides a clear advantage for the JumpGate-I as an enabling technology in today's' defense initiatives", stated Alexander Lupinetti, CEO of CSP.

More information on the JumpGate-I is available in a data sheet on the CSPI web site, http://www.cspi.com/multicomputer/products/2000_SERIES/jumpgate_2823.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 dated November 27, 2001 with the Securities and Exchange Commission.