CSP Inc. Declares Annual Dividend

CSP Inc. Declares Annual Dividend

BILLERICA, Mass., Dec. 10, 2012 (GLOBE NEWSWIRE) -- CSP Inc. (Nasdaq:CSPI), a
provider of IT solutions, systems integration services and dense cluster
computing systems, today announced that the Company's Board of Directors has
declared an annual dividend of $0.20 per share payable on December 28, 2012 to
shareholders of record on December 20, 2012.

"As a result of the continued strength in our business this past year, we are
rewarding our shareholders with a second consecutive annual dividend," said
President and Chief Executive Officer Victor Dellovo. "The Board is committed
to building long-term shareholder value and will continue to evaluate the best
uses of cash, including dividends, stock repurchases and investments in
strategic growth initiatives on a regular basis."

About CSP Inc.

Based in Billerica, Massachusetts and founded in 1968, CSP Inc. and its
subsidiaries develop and market best-of-breed IT solutions, systems
integration services, and high-performance computer systems. CSP's Systems
segment includes the MultiComputer Division, which supplies high-performance
Linux cluster systems for a broad array of defense applications, including
radar, sonar and surveillance signal processing. The Company's MODCOMP Inc.
subsidiary, also part of its Service and Systems Integration segment founded
in 1970, is a leading provider of IT solutions and systems integration
services for complex IT environments.MODCOMP works with third parties to
develop cutting edge solutions in the global IT markets and has offices in the
U.S., U.K. and Germany.More information about CSP is available on the
company's website at www.cspi.com.To learn more about MODCOMP, Inc., consult
www.modcomp.com.

The CSP, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=14484

Safe Harbor

The Company 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 to be forward-looking under the Act.Such forward-looking
statements may include, but are not limited to, those relating to the
Company's intent to issue the special dividend.The Company cautions that
numerous factors could cause actual results to differ materially from
forward-looking statements made by the Company.Such risks include general
economic conditions, market factors, competitive factors and pricing
pressures, and others described in the Company's filings with the SEC.Please
refer to the section on forward-looking statements included in the Company's
filings with the Securities and Exchange Commission.

CONTACT: Gary Levine
         Chief Financial Officer
         CSP Inc.
         Tel:  978.663.7598 ext. 1200
         Fax: 978.663.0150

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