Press Releases

September 10, 2020 CSPi Technology Solution Achieves Cisco Cloud and Managed Services Advanced Worldwide Certification
Empowering Workforce Innovation with Enterprise Class Communications at an Affordable Price DEERFIELD BEACH, Fla., Sept. 10, 2020 (GLOBE NEWSWIRE) - CSPi Technology Solutions , a division of CSP Inc . (NASDAQ: CSPI) and an award winning solution provider that delivers Managed IT Services , Professional IT Services and Cloud services announces it has  been formally approved by Cisco Systems, Inc. for its Cloud and Managed Services Program for Managed Business Communications.  This designation and authorization validate CSPi Technology Solution’s Vital™ Unified Communication as a Service (UCaaS) offer meets all the requirements, adheres to the recommended design and operational guidelines Cisco requires of their Managed Business Communications partners. This approval showcases our ability to design and deploy a secure and redundant multi-tenant collaboration and communication architecture. Our Vital™ UCaaS solution leverages Cisco’s Unified Communications award-winning technology to...
August 14, 2020 CSPi Technology Solutions Makes Top 100 Best Companies List for the Third Consecutive Year
DEERFIELD BEACH, Fla., Aug. 14, 2020 (GLOBE NEWSWIRE) - CSPi Technology Solutions , a division of CSPi Inc . (NASDAQ: CSPI) and an award winning solution provider that delivers Managed IT Services, Professional IT Services, and Cloud Services announces it ranked in the Top 100 best companies to work for in Florida for the third consecutive year by Florida Trend magazine. Florida Trend annually ranks the top 100 companies in small, medium, and large employer categories. CSPi Technology Solutions ranked 23 rd in the medium-company (50-249 employees) category. Companies that participate, undergo an evaluation of workplace policies, practices, philosophy, systems, and demographics, along with a confidential survey to measure employee satisfaction. The combined scores determined the top companies and the final ranking. “It’s a source of pride to be ranked for three consecutive years as a great place to work,” Victor Dellovo, CSPi’s CEO commented when he received the news.  He further...
August 11, 2020 CSP Inc. Reports Fiscal Year 2020 Third Quarter Results
New Business Pipeline for Cybersecurity Solutions Continues to Grow LOWELL, Mass., Aug. 11, 2020 (GLOBE NEWSWIRE) - CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial and operating results for the 2020 fiscal third quarter ended June 30, 2020 and provided a business update.
Fiscal Third Quarter Highlights and Recent Developments Improved gross margin percentage by 9% compared to the year-ago fiscal third quarter, driven by primarily higher margin products. The ARIA Cybersecurity Solutions product pipeline has grown and Unified-Communications-as-a-Service (UCaaS) added several customers, highlighting the continued interest and demand for its feature-rich functionality. Expanded in our managed service practice, including cloud, Office 365 and other Microsoft offerings. In early April when it became evident that COVID-19 would have a severe impact on the economy we took...
August 4, 2020 CSP Inc. to Announce Fiscal Third Quarter 2020 Financial Results on Tuesday August 11th
LOWELL, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) - CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal third quarter 2020 financial results before the open of the market on Tuesday, August 11, 2020
CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at https://www.cspi.com . Individuals also may listen to the call via telephone, by dialing 800-894-5910 or 785-424-1052 and use the Conference ID: CSPQ320 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website. About CSPi CSPi (NASDAQ: CSPI) operates two divisions, each...
July 27, 2020 CSPi Technology Solutions Named to CRN’s 2020 Solution Provider 500 List
DEERFIELD BEACH, Fla., July 27, 2020 (GLOBE NEWSWIRE) - CSPi Technology Solutions , a CSPi Inc . business (NASDAQ: CSPI) and a solution provider delivering managed IT, professional IT and cloud services announced today that CRN®, a brand of The Channel Company, has named it to its 2020 Solution Provider 500 list . Each year, CRN releases its list of top 500 solution providers, a ranking of the leading IT channel partner organizations across North America by revenue. CRN’s Solution Provider 500 list serves as the industry’s benchmark for recognizing the top-performing technology integrators, strategic service providers, and IT consultants, and as a valuable resource for technology vendors looking to partner with top solution providers. “It’s an honor to be spotlighted by CRN in their 2020 Solution Provider 500 List as an indication to our capability in technology integration and managed services. We understand that speed and agility are utmost to our customer support and technical...
July 27, 2020 CSPi Technology Solutions Recognized on CRN’s 2020 MSP500 List  
DEERFIELD BEACH, Fla., July 27, 2020 (GLOBE NEWSWIRE) - CSPi Technology Solutions , a CSPi Inc. business (NASDAQ: CSPI) and a solution provider delivering managed IT, professional IT and cloud services announced today that CRN®, a brand of The Channel Company, has named it to its 2020 Managed Service Provider (MSP) 500 list in the Security 100 category . This popular list identifies North American solution providers that deliver operational efficiencies, IT system improvements, and a higher rate of return on investments for their customers. These accomplished MSPs work tirelessly to guide their customers and create solutions for complex IT issues.
This annual list is divided into three categories: the MSP Pioneer 250 who are focused primarily on the SMB market; the MSP Elite 150, large data center-focused on- and off-premises; and the Managed Security 100 made up of off-premises-focused, cloud-based IT security services. CSPi Technology Solutions was selected for its technical...
May 14, 2020 CSP Inc. Reports Fiscal Year 2020 Second Quarter Financial Results
LOWELL, Mass., May 14, 2020 (GLOBE NEWSWIRE) - CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial results for the 2020 fiscal second quarter ended March 31, 2020 and provided a business update.
“Our team was performing well during the second quarter and meeting our expectations prior to the COVID-19 pandemic,” commented Victor Dellovo, Chief Executive Officer. “To minimize the business disruption, we quickly adjusted our operations to comply with local and federal requirements and currently over 90% of the team is working remotely, which allows us to maintain contact with customers. Despite the current environment we are continuing to experience a growing interest in our newest offerings, ARIA and Unified-Communications-as-a-Service (UCaaS) business as we continue to transition to a cybersecurity, wireless and managed service markets company. We believe this is especially...
May 8, 2020 CSP Inc. to Announce Fiscal Second Quarter 2020 Financial Results on Thursday May 14th
LOWELL, Mass., May 08, 2020 (GLOBE NEWSWIRE) - CSP Inc. (NASDAQ: CSPI), a provider of cybersecurity and packet capture products, managed IT and professional services and other technology solutions, announced that it will issue its fiscal second quarter 2020 financial results before the open of the market on Thursday, May 14, 2020 CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at http://www.cspi.com/. Individuals also may listen to the call via telephone, by dialing 877-876-9173 or 785-424-1667 and use the Conference ID: CSPQ220 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website. About CSPi CSP Inc. (NASDAQ: CSPI) operates two...
April 21, 2020 ARIA Cybersecurity Announces ARIA ADR Application Providing AI-Driven Automated Attack Containment
A New Purpose-built Platform that Employs Artificial Intelligence and Machine Learning to Detect and Stop the Most Harmful Cyberattacks—with No Human Involvement Required BOSTON, April 21, 2020 (GLOBE NEWSWIRE) - ARIA Cybersecurity Solutions , a CSPi business (NASDAQ: CSPi) that delivers a software-defined approach for improved cyber-attack incident response, today announced the release of the new ARIA Advanced Detection and Response (ADR) application , the latest addition to the ARIA SDS portfolio. The ARIA ADR application automatically detects and stops cyberattacks without requiring highly trained security staff. The application does their work around the clock each and every day, effectively creating the industry’s first virtual software-based intelligent security operations center (SOC).
ARIA ADR incorporates an innovative big data approach that models how cyberattacks behave. To do so, it ingests security analytics form the network as well as log output from security...
March 11, 2020 CSP INC. ANNOUNCES COMMENCEMENT OF OUR STOCK REPURCHASE PROGRAM
LOWELL, Mass., March 11, 2020 (GLOBE NEWSWIRE) - CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, today reported that it has begun  to repurchase its Common Stock. CSP currently has approximately 201,000 shares authorized to repurchase under a stock repurchase program approve February 8, 2011.  Stock purchases under the program will be made from time-to-time at the discretion of management.
About CSP Inc. CSPi (NASDAQ: operates two divisions, each with unique expertise in designing and implementing technology solutions to help their customers use technology as a means to success. The High Performance Product division, including ARIA Cybersecurity Solutions , originated from supporting initiatives for the Department of Defense and Western intelligence agencies related to network monitoring, data protection, and intelligence initiatives. This focused mindset now results in foolproof data...
March 11, 2020 ARIA Cybersecurity Solutions Receives Top Awards by Cybersecurity Excellence
Acknowledged for Solutions for Encryption, Threat Detection and Response, as well as Industry Compliance BOSTON, March 11, 2020 (GLOBE NEWSWIRE) - ARIA Cybersecurity Solutions , a CSPi business (NASDAQ: CSPi) that delivers a software-defined approach for improved cyber-attack incident response, including threat detection, investigation, containment and proactive asset protection, today announced that it won four prestigious 2020 Cybersecurity Excellence Awards . The Cybersecurity Excellence Awards is an annual competition honoring individuals and companies that demonstrate excellence, innovation and leadership in information security.
ARIA Cybersecurity Solutions took home four awards in the following categories: Encryption: ARIA Key Management Server - This award recognizes ARIA Key Management Server’s proven ability to automatically generate and distribute encryption keys to manage all key management lifecycle requirements.

Network Detection and Response: ARIA...
February 26, 2020 ARIA Cybersecurity Solutions Integrates with Juniper Networks to Stop Network-Borne Threats Earlier in the Cybersecurity Kill-Chain Process
ARIA SDS Solution Combined with Juniper’s Secure Analytics Improves Enterprise-Wide Network Visibility, Intrusion Detection and Threat Containment   BOSTON, Feb. 26, 2020 (GLOBE NEWSWIRE) - ARIA Cybersecurity Solutions , a CSPi business (NASDAQ: CSPi) that delivers a software-defined approach for improved cyber-attack incident response, including threat detection, investigation, containment and proactive asset protection, today announced an integration with Juniper Networks’ Juniper Secure Analytics Platform . This integration will provide deep network visibility, as well as the accelerated incident response needed to disrupt threats before extensive harm can be done.
The main benefit of this integration is that cybersecurity teams, such as a SOC, will be able to better prioritize intrusion events and alerts, enabling them within minutes to identify the most critical attacks. This results in faster investigative and incident response. In addition, the automation and...
February 25, 2020 ARIA Cybersecurity Solutions Integrates with Sumo Logic to Improve Cyber Intrusion Detection and Containment of Network-borne Attacks
ARIA SDS Solution Combined with Sumo Logic Continuous Intelligence Platform Delivers Enhanced Enterprise-wide Network Visibility BOSTON, Feb. 25, 2020 (GLOBE NEWSWIRE) - ARIA Cybersecurity Solutions , a CSPi business (NASDAQ: CSPi) that delivers a software-defined approach for improved cyber-attack incident response, including threat detection, investigation, containment and proactive asset protection, today announced an integration with Sumo Logic , the leader in continuous intelligence, to provide security teams with cloud-native, real-time security intelligence and insights to help stop network-borne threats, including those involving Internet of Things (IoT) devices, without interfering with business operations.
Sumo Logic enables organizations of all sizes address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. Through the Sumo Logic Continuous Intelligence Platform™, businesses can automate the...
February 12, 2020 CSP Inc. Reports Fiscal Year 2020 First Quarter Results; Builds Momentum for New Product Launches in the Second Half of Fiscal Year 2020
LOWELL, Mass., Feb. 12, 2020 (GLOBE NEWSWIRE) - CSPi (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, reported results for the 2020 fiscal first quarter ended December 31, 2019.  The Company announced that its Board of Directors has voted to pay a quarterly dividend of $0.15 per share to shareholders of record on February 28, 2020 payable on March 13, 2020.
“I am pleased to report that our first quarter results met our expectations, and despite the unfavorable business mix, our gross margin improved over 100 basis points demonstrating our continued focus on high margin products to fuel our growth and profitability,” commented Victor Dellovo, Chief Executive Officer.  “We remain confident about our opportunity pipeline and anticipated performance throughout the year, including a more favorable product mix in addition to royalty revenue from E-2D planes in the second half of fiscal 2020. ...
February 5, 2020 CSPi to Announce Fiscal First Quarter 2020 Financial Results on Wednesday, February 12th
LOWELL, Mass., Feb. 05, 2020 (GLOBE NEWSWIRE) - CSPi (NASDAQ: CSPI), a provider of cybersecurity and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal first quarter 2020 financial results before the open of the market on Wednesday, February 12, 2020
CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at www.cspi.com. Individuals also may listen to the call via telephone, by dialing 800-894-5910 or 785-424-1736 and use the Conference ID: CSPQ120 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website. About CSPi CSPi (NASDAQ: CSPI) operates two divisions, each...

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