SIPHER Software Selects MODCOMP's ViewMax to Complement Robust Multi Format Messaging Solutions

Partnership will provide one-stop shop for robust messaging and browser middleware solutions

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June 26 , 2000, 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 an agreement whereby SIPHER will promote and sell its ViewMax® integration software and WAP66™ wireless portal server alongside SIPHER's messaging server. SIPHER will seamlessly combine ViewMax with SIPHER's e-xport multi-format message server to provide a robust platform with full redundancy and disaster recovery capability.

This partnership will allow transactions to be securely executed on existing enterprise systems from a wireless Palm® or any other WAP enabled hand-held device.

"We expect this new alliance with SIPHER to help raise awareness of MODCOMP in the telecom and finance sectors," said Rob Crigler, vice president of marketing, MODCOMP's E-commerce Division. "Our combined resources will enable SIPHER's customers to quickly extend the functionality of their existing systems."

"This partnership with MODCOMP's technology will strengthen our product base and provide the spearhead into exciting new B2B vertical markets for our managed E-business services" said SIPHER CEO Nicky Rose. "We are already down the line with a number of clients where our combined technologies will prove to be a winning combination for E- and M-business services."

About SIPHER (http://www.sipher.co.uk)
SIPHER is a world leader in connectivity software for e-mail, fax, telex, data and databanks. SIPHER's e-xport system currently provides secure and audited message switching solutions for international banks, telecoms corporations, insurance, defense and government agencies. For more information about SIPHER, call (44) 1494 765335, email sipher@sipher.co.uk, or visit http://www.sipher.co.uk.

About MODCOMP, Inc.
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., France, 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 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 17, 1999 with the Securities and Exchange Commission.

To learn more about CSP Inc., consult http://www.cspi.com.
To learn more about MODCOMP, Inc., consult http://www.modcomp.com.
To learn more about Scanalytics, Inc., consult http://www.scanalytics.com.

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

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

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Note to Editors: MODCOMP and ViewMax are registered trademarks and WAP66 is a trademark of MODCOMP, Inc. All product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.

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