MODCOMP Integration & Internet Solutions

British Telecommunications Chooses MODCOMP as Premier Partner in E-Business Solutions Initiative

MODCOMP Provides BT's eSP Group with eBusiness Integration Solutions for Their Corporate Clients Within the Leisure, Travel, Logistics and Automotive Markets

February 21, 2001, Ft. Lauderdale, FL - MODCOMP® (www.modcomp.com) a subsidiary of CSP Inc. (NASDAQ: CSPI) and a leading developer of eBusiness and mBusiness solutions, today announced that BT's eSP group - a division of BT Plc. (LSE BT) the leading telecom enterprise in Europe -- will offer MODCOMP's ViewMax® application integration and content management solutions to its corporate customer base.

The BT eBusiness Solutions Provider Programme (eSP) consists of a number of carefully chosen third party companies who have established themselves as 'best of breed' providers of bespoke eBusiness solutions in the UK. Only those vetted and accredited by BT are permitted to join the programme and, consequently, use the eBusiness Solutions Provider for BT endorsement.

"Our initial interest in MODCOMP was in their unique and market leading ViewMax application", said Andrew Hargreaves, Head of BT's eBusiness Solution Providers Program. "This software enables any complex or business critical operation which is data intensive to be easily transformed into a user-friendly interface whether it be accessed by HTML, XML, WAP application etc. Having worked closely with MODCOMP, we were quick to realize the true value of MODCOMP's experience over and above the ViewMax application in web technology, messaging protocols and wireless data communications and really their whole approach to deploying a true eBusiness solution whatever the device. MODCOMP is well positioned in deploying leading edge technologies to meeting business critical situations in a wide range of sectors worldwide. They are innovative, extremely professional and above all an exceptional team to work with."

About BT
British Telecommunications Plc is one of the world's leading providers of telecommunications services and one of the largest private sector companies in Europe. Its principal activities include local, long distance and international telecommunications services, mobile communications, Internet services and IT solutions. BT and AT&T have also created Concert, the leading global telecommunications company serving multi-national business customers, international carriers and Internet service providers worldwide.

About MODCOMP, Limited
MODCOMP, Limited is a wholly owned subsidiary of CSP Inc. The company's eCommerce Division is a leading provider of Internet software and systems integration solutions. MODCOMP works with third parties to develop customized application solutions in the global eCommerce and mCommerce markets and has offices in the U.S., U.K., and Germany. For more information about MODCOMP, call +44 1189 784169, email info@modcomp.co.uk, or visit http://www.modcomp.co.uk.

About CSP Inc.
Based in Billerica, Mass., 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 cluster computers. For more information about CSP Inc., call (978) 663-7598 or visit http://www.cspi.com.

Note to Editors: MODCOMP and ViewMax are registered trademarks of MODCOMP, Inc. All product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

is a subsidiary of CSP Inc