"We have worked diligently to achieve our gold status with HP and our sales and engineering staff are excited about the opportunities that they see with the HP product line. We look forward to leveraging this relationship with HP to accelerate our growth over the next several years," said Victor Dellovo, President of Modcomp Systems & Solutions.

About Modcomp Systems & Solutions

Modcomp, Inc. is a leading reseller of IT systems and solutions. Modcomp combines best-of-breed product selection with tailored IT installation and integration services designed to fit the customer's needs. For over 30 years, Modcomp has consistently helped its customers leverage the value of their IT investments. A subsidiary of CSP Inc. (NASDAQ: CSPI), Modcomp, Inc. is headquartered in Deerfield Beach, FL and has offices in the U.S., U.K., and Germany. For more information about the company and its products and services, phone Modcomp headquarters at (800) 940-1111, email info@modcomp.com, or visit MODCOMP on the Web at http://www.modcomp.com.

About CSP

Based in Billerica, Mass., CSP Inc. (CSPI) and its subsidiaries develop and market software for eCommerce solutions and image processing, network management and storage system integration services and high performance computer systems. For more information about CSP Inc., call (800) 325-3110 or visit http://www.cspi.com.