Exhibit 99.1 CSP Inc. Reports Fiscal Second Quarter 2024 Operating Results; 23% Growth in Services Revenue Drives Gross Margin Percentage Expansion to 47% and Nearly Five-Fold Increase in Net Income ARIA Zero Trust PROTECT (“AZT PROTECT™” or “AZT”) Launch Broadens to Address Mid-Market Opportunity While Fortune 500 Pipeline Increases; Global Pharmaceutical Company Signs Multi-Million Dollar AZT Contract LOWELL, Mass., May 8, 2024 – CSP Inc. (NASDAQ: CSPI), an award-winning provider of cybersecurity AI-drive ...