CSP Inc was incorporated in 1968 in Lowell, Masachusetts. The Company along with its subsidiaries are engaged in developing and marketing IT integration solutions, security and managed services and purpose built network adapters, as well as cluster computer systems. It has two operating segments: High Performance Products ("HPP") and Technology Solutions ("TS"). The HPP segment revenues have two distinct product lines: Multicomputer product portfolio of computing systems for digital signal processing ("DSP") applications within the defense market and Myricom product line of network Ethernet adapters that are offered to both commercial and government customers. The TS segment consists of wholly-owned Modcomp subsidiary, which operates in the United States, Germany, and the United Kingdom. The TS segment generates product revenues by reselling third-party computer hardware and software as a value-added reseller ("VAR").
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