MODCOMP Integration & Internet Solutions

Invensys Provides Real-Time Remote Internet Service Provider Facility Monitoring with MODCOMP's ScadaBase™ E-Business System

Automated Control Systems Provider Will Monitor and Control Air Conditioning, Fire, and Electrical Systems from Centralized Remote Locations

January 31, 2001, Ft. Lauderdale, FL — MODCOMP®, Inc. (www.modcomp.com), a subsidiary of CSP Inc. (NASDAQ: CSPI) and a leading developer of E-commerce and M-business solutions, today announced that Invensys ENE, Inc., a joint venture company of Invensys Building Systems, a leading global supplier of automation and control systems, has selected MODCOMP's ScadaBase E-business System to provide a real-time environment monitoring and reporting. The integrated solution will allow Invensys to monitor air conditioning, fire systems, incoming electrical power, back up generators and ancillary devices at customer sites.

Invensys ENE customers will be able to monitor information through ScadaBase and industrial grade servers from multiple, remote sites. ScadaBase will enable users to respond to alarms through a Web browser and a user-friendly point and click interface. Users will be able to log on to local sites and perform damage control functions, or contact local personnel who can take remedial action.

ScadaBase is a graphically enhanced, menu-driven, scalable, user configuration suite of software modules for SCADA applications and runs on the Linux operating system. ScadaBase's peer-to-peer communications function allows users to control separate areas yet share common information across the network.

ScadaBase will also feed summary alarm information to an Oracle database, where Invensys personnel can query alarms by type, site, or on a historical basis.

The ISP market is experiencing significant growth. According to a recent Yankee Group report, revenues are expected to reach $6.78 billion by 2001. By integrating MODCOMP's technology, Invensys is positioned to exploit this market space by delivering their monitoring solutions to ISP facilities.

"We are excited to help Invensys deliver real-time monitoring to its customers," said Rob Crigler, vice president of marketing for MODCOMP's E-commerce Division. "By implementing the ScadaBase system, we are helping them develop a comprehensive, remote monitoring solution."

By using ScadaBase, Invensys ENE is enabling their customer's employees secure, easy access to the information they need to effectively maintain customer sites.

"ScadaBase gives us a true advantage, allowing our customers to effectively monitor and maintain several sites from remote locations," said Jeff Banks, systems sales executive at Invensys ENE. "Personnel will now be able to respond to alarms and situations quickly and effectively, as well as query historical data to monitor trends and identify problem areas."

About Invensys
Invensys plc is a global leader in the Automation and Controls industry. With its head office in London, England it operates in all regions of the world through four focused divisions — Automation Systems, Control Systems, Power Systems, and Software Systems. With over 90,000 employees, and $14 billion in annual sales, the company's products and services range from advanced control systems and networks for automating industrial plants and controlling the environments of commercial buildings, to complete power systems for the telecommunications and information technology industries. It is the vision of Invensys to be the "best in class" for building automation and integrated solutions. For more information on Invensys plc, please visit www.invensys.com.

About MODCOMP Inc. (www.modcomp.com)
MODCOMP, Inc. is a CSP Inc. subsidiary based in Ft. Lauderdale, Fla. The company's E-commerce Division is a leading provider of Internet software solutions and systems integration. MODCOMP works with third parties to develop customized application solutions in the global E-commerce markets and has offices in the U.S., U.K., and Germany. For more information about MODCOMP, Inc., call (800) 322-3287, email info@modcomp.com, or visit http://www.modcomp.com.

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.

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.

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