(Source: Business Wire)
CSP Inc. (NASDAQ: CSPI) MultiComputer Division, a leading supplier of rugged embedded computer clusters, announced today it has provided Lockheed Martin's Surface/Sea-based Missile Defense Systems business with additional FastCluster systems valued at $1.6 million. The clustered computer systems will support the deployment of a Radar Scene Generation program, which will provide a new test and evaluation resource for the Aegis Combat System at the U.S. Navy's Combat System Engineering Development Site in Moorestown, N.J.
FastCluster systems feature an open architecture environment and are easily integrated into a variety of radar applications.
"This award illustrates CSPI's ability to deliver signal processing solutions that meet the demanding development and deployment schedules required to support the U.S. Navy," stated William Bent, Jr., general manager and vice president of CSPI MultiComputer Division.
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
About CSP Inc.
Based in Billerica, Massachusetts, CSP Inc. (NASDAQ: CSPI) and its subsidiaries develop and market IT integration solutions for complex IT environments and high-performance cluster computer systems for commercial, scientific, and defense customers worldwide.
The MultiComputer Division helps its customers solve high-performance computing problems in the defense market by supplying very dense cluster computer systems with powerful real-time I/O capabilities that require minimal physical space or power. These systems are used in a broad array of applications, including radar, sonar, and surveillance signal processing.
For more information about CSP Inc., visit http://www.cspi.com or call us at 1 (800) 325-3110
˜Safe Harbor Provision' Statement'
CSP Inc. 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 statements under the Act. Such forward-looking statements may include, but are not limited to, statements regarding the success of the Company and its subsidiary's products and services. The Company cautions that numerous factors could cause actual results to differ materially from any forward-looking statements made by the Company. Please refer to the section on forward-looking statements included in the Company's Form 10-K filed with the Securities and Exchange Commission.
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