CSP INC /MA/ — Director's Dealing 2006

Feb 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2006-01-24

Reporting Person: Lyons J David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-24	Common Stock	J	1000	$2.86	Acquired	4663	Direct

Footnotes

F1: Exercise of stock option