New strategic alliance provides solution to quickly extend legacy systems to the Internet

July 12 , 2001, Ft. Lauderdale, FL - MODCOMP®, Inc. (www.modcomp.com), a leader in eBusiness and mBusiness technology solutions, announced today the formation of a strategic alliance with Integrated Information Systems, Inc. ("IIS") (NASDAQ: IISX), an innovative technology and business consultancy. This alliance integrates MODCOMP's product suite with IIS' service offerings to help clients extend their legacy systems to the Internet.

This alliance provides clients with a robust solution to extend current business processes from a mainframe system to the Internet. Information can be accessed from a mainframe backend system through the Web and received on any device, from a desktop to a mobile device. The solution benefits for clients utilizing the MODCOMP ViewMax® solution include lowered training costs, improved data integrity, increased productivity of the workforce and single point of access.

"MODCOMP's ViewMax software and rapid application development consulting combined with IIS Application and Network Integration Services and IIS Application Outsourcing Services, provides enhanced ability for us to help clients quickly web-enable their legacy systems," said Jim Garvey, chairman, chief executive officer, and president of IIS. "We are pleased to be able to include MODCOMP's innovative ViewMax technology as a part of our solutions."

"IIS' established reputation in effectively incorporating new technologies with companies' legacy systems to solve business problems, in addition to its commitment to client satisfaction, makes them an ideal alliance for us," said Rob Crigler, MODCOMP eCommerce division vice president of sales and marketing. "Their high level of technical competency and extensive multi-industry expertise is extremely beneficial to our existing and potential clients."

About IIS
Integrated Information Systems™ is an innovative technology and business consultancy providing extensive experience and insight to create a sustainable competitive edge for clients. For companies who seek measurable results from business and technology investments, IIS offers cost-conscious, productive, profit-minded solutions across the entire service value chain with single provider accountability.

Founded in 1988, IIS has offices in Atlanta, Boston, Denver, Jacksonville, Las Vegas, Los Angeles, Phoenix, San Francisco and Bangalore, India. Integrated Information Systems' stock is traded on the NASDAQ exchange under IISX. More information about IIS can be found at http://www.iis.com.

About MODCOMP, Inc.
MODCOMP, Inc., is an international leader in eCommerce integration software and services. For over 30 years, MODCOMP has consistently helped its customers utilize emerging technologies to further mission critical business objectives. The company's eCommerce division is committed to helping its customers take full advantage of rapidly emerging eBusiness and mBusiness opportunities. MODCOMP combines its ViewMax integration software with its consulting and support services to help clients leverage and extend their existing information technology investments to the Web and beyond. A subsidiary of CSP, Inc. (NASDAQ: CSPI), MODCOMP, Inc. is headquartered in Ft. Lauderdale, 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) 322-3287, email info@modcomp.com, or visit MODCOMP on the Web at http://www.modcomp.com.

About CSP Inc.
Based in Billerica, Mass., CSP Inc. (NASDAQ: CSPI) and its subsidiaries develop and market Internet software for eCommerce solutions, image processing software, network management integration services and high performance computer systems. For more information about CSP Inc., call (978) 663-7598 or visit http://www.cspi.com.

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 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'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 filed November 24, 2000 with the Securities and Exchange Commission. To learn more about CSP Inc., consult www.cspi.com.

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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.

Cautionary Statement Regarding IIS
This press release contains forward-looking statements, including statements concerning the commercial success and acceptance of the products and services resulting from the MODCOMP alliance.

These forward-looking statements involve a number of risks and uncertainties which could cause actual events to differ materially from those indicated by such forward-looking statements and cause the Company's stock price to decline.

Such factors include, without limitation, lower than expected demand for the Company's products and services, reductions in pricing for the Company's services and products, the ability of customers to pay their invoices when due, the incurrence of unexpected expenses, the expected impact of, and the ability of the Company to execute, its business plan, the ability of the Company to obtain new clients and retain existing clients, the Company's ability to effectively utilize its personnel, the Company's ability to attract client relationships and key senior professionals from competitors, the potential loss of major client projects, the competitive environment in which the Company operates, the continued acceptance of the Company's services, the ability of the Company to manage its projects effectively and the ability of the Company to stay at the forefront of technological changes. Other factors identified in documents filed by IIS with the Securities and Exchange Commission and in other public statements, including those set forth under the caption "Risk Factors'' in the Company's Form 10-K for the year ended 12/31/00, could negatively impact its results of operations and financial condition and cause actual results to vary from those expressed by the forward-looking statements in this press release.

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Company contacts:
MODCOMP, Inc., Robert Crigler, (678) 417-1731, crigler@modcomp.com

Integrated Information Systems, Jane Lauer, (480) 317-8449, JaneL@iis.com

Press contact: Michelle Peloquin Riess, (408) 230-2268, michelle.riess@attbi.com