DGAP-News: CSPI's Modcomp Germany Subsidiary Signs Multi-Million Dollar Managed Services Contract

DGAP-News: CSPI's Modcomp Germany Subsidiary Signs Multi-Million Dollar Managed 
Services Contract

DGAP-News: Modcomp /
CSPI's Modcomp Germany Subsidiary Signs Multi-Million Dollar Managed
Services Contract

24.02.2014 / 15:30


Company to Provide End-to-End Managed Services for International IT Services

BILLERICA, Mass. and COLOGNE, Germany, 2014-02-24 15:30 CET (GLOBE NEWSWIRE) --
CSP, Inc. (Nasdaq:CSPI), a provider of IT solutions, systems integration
services and dense cluster computing systems, today announced that its Modcomp
Germany subsidiary has signed its largest managed services contract to date.
The multi-million dollar agreement provides end-to-end managed security
services to an international information technology services company for three

The contract extends Modcomp's existing relationship with the information
technology services company, and encompasses 24x7 on-site security services to
its global customer base. The services provided under this contract include
hotline and online support, escalation procedures, updates, patches and bug
fixes, on-site hardware exchange and system recovery. 

'Modcomp's extensive experience in delivering managed services solutions was a
key factor in winning this contract and expanding our relationship amid tough
competition,' said Frank Puetz, Managing Director for Modcomp. 'Having
partnered with this customer for several years, we fully understand what is
required to deliver the highly responsive managed security services they

In meeting the contract deliverables, Modcomp will use technology from Check
Point, Juniper Networks, McAfee, Sourcefire, Tufin, Radware, F5 Networks and
Tripwire to proactively ensure a high security standard for users, regardless
of the device or type of connection they use. 

Modcomp delivers IT solutions that include managed IT services and professional
services in North America and Europe. Modcomp's managed services offering
includes monitoring and management of servers, work stations, networks,
security and backup. The company's 24x7 operations center supplements
customers' existing networks and provides IT support to accelerate resolution
of infrastructure failures and manage performance. 

About CSP, Inc.

Based in Billerica, Massachusetts and founded in 1968, CSP, Inc. (CSPI) and its
subsidiaries develop and market IT integration solutions and high-performance
computer systems to meet the diverse requirements of our industrial,
commercial, and defense customers worldwide. CSPI's Systems segment includes
the MultiComputer Division, which designs and manufactures commercial
high-performance computer signal processing systems for a variety of complex
real time applications in defense and commercial markets. The company recently
acquired Myricom, a pioneer in high performance computing interconnect
technology. Founded in 1970, Modcomp, Inc. is part of CSPI's Service and
Systems Integration segment, and has offices in North America and Europe.
Modcomp provides solutions and services for complex IT environments including
disaster recovery, mobility, managed services, security, data center
management, and collaboration. More information about CSPI is available at
www.cspi.com. To learn more about Myricom or Modcomp, Inc., please visit
www.myricom.com and www.modcomp.com. 

About Modcomp Germany:

Modular Computer Systems GmbH, known as Modcomp in Germany, is a part of CSP,
Inc. (CSPI). Modcomp has been in Germany for 40 years, and its client base
includes many renowned companies in different industry sectors, such as
manufacturing, telecommunications, energy, banking and insurance. Modcomp has a
presence in both North America and Europe, and offers various IT services
including managed services and professional services. To learn more about
Modcomp Germany, please visit www.modcomp.com or www.modcomp.de. 

         CONTACT: Media Relations Contact:
         Michele M. Merrell
         Vice President, Global Marketing & Communications
         Ulrich Wickers
         Modular Computer Systems GmbH (Modcomp Germany)
         Business Development Manager
         +49 (0) 221 954466-28
News Source: NASDAQ OMX

End of Corporate News


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Language:    English       
Company:     Modcomp       
ISIN:        US9902303026  
End of News    DGAP News-Service  
254001 24.02.2014                                                      
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