MODCOMP to Web-enable Cornell Universitys Administrative Applications Following on the success earlier this year, this Web-to-host integration project will offer enhanced access to tried and true

MODCOMP, Inc. (www.modcomp.com), a leader in eBusiness and mBusiness technology solutions and a subsidiary of CSP Inc. (NASDAQ: CSPI), announced today that it has been awarded a contract with Cornell University to build a Web-to-host front-end for the universitys budgeting, workforce planning and salary improvement applications. MODCOMP will employ its powerful ViewMax technology to re-engineer the workflow and user interface of three of Cornells mission-critical, mainframe-based functions.

Fort Lauderdale, FL, August 1, 2001 -- MODCOMP, Inc. (www.modcomp.com), a leader in eBusiness and mBusiness technology solutions and a subsidiary of CSP Inc. (NASDAQ: CSPI), announced today that it has been awarded a contract with Cornell University to build a Web-to-host front-end for the universitys budgeting, workforce planning and salary improvement applications.

A recognized expert at helping companies leverage their long-term IT investments, MODCOMP will employ its powerful ViewMax technology to re-engineer the workflow and user interface of three of Cornells mission-critical, mainframe-based functions. The two-phase project, scheduled for early 2002 deployment, will consolidate functions, streamline views, clarify input requirements and optimize computing and processing resources across the old and new systems, without any modification to the mainframe.

We have been using our budget and planning mainframe applications successfully for years," said Michael Whalen, Cornell Universitys Director of Planning Information and Policy Analysis. While they do a good job of processing data, the programs are hard to learn, cumbersome to use, and are by no means up to todays standards for usability. Because of our past success working with MODCOMP, we knew they could build a user-friendly, browser-based interface that will eliminate training time, reduce data input and navigation errors, and make critical information more accessible and usable to faculty and staff."

Were excited to be offered another opportunity with Cornell University," said Rob Crigler, MODCOMPs eCommerce division vice president of sales and marketing. With this project, we leverage Internet technology to create client-side modeling which permits the testing of various budgeting and planning scenarios within the browser before they are integrated into the mainframe application. ViewMax eliminates the need for expensive system replacement, full software rewrites, and error-prone data conversions."