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2morrowsGains

08/12/25 3:51 PM

#125846 RE: 2morrowsGains #125792

CSPI...ARIA Cybersecurity Protects Large US Steel Mills from Cyberattacks

ARIA AZT PROTECT secures critical production applications from attacks and dangerous unintentional ICS updates

BOSTON, MA / ACCESS Newswire / August 12, 2025 / ARIA Cybersecurity, a CSPi business (NASDAQ:CSPI) and a leading provider of cybersecurity solutions, announced a new customer deployment of ARIA's flagship solution, AZT PROTECT™, which works to protect steel plant operations at a mill of one of the largest US steel producers.

This large steel producer became concerned that attacks would get through IT defenses into its production OT network and take down critical production systems. The concerns are twofold in the steel industry. Not only can taking down a mill operation disrupt steel production, but it can also damage equipment and pose a real risk of harm to plant workers on the mill floors. Injuries in such facilities can be devastating and lead to loss of human life. The mill deployed AZT PROTECT to its critical production infrastructure. One of the key values of the product, known as Industrial Control System (ICS) Lockdown, was unexpectedly put to the test one evening. IT experienced an issue with the IT to OT network DMZ firewalls locking up. These types of problems are not uncommon as complex protection rules on firewalls can cause such lockups while adding an additional rule. They had to reset to default mode to get the firewalls to recover - whilst the site was protected from external attacks, a slew of vendor updates flooded into the OT network, before the proper firewall rules could be activated - a potential OT disaster as these application updates will force the critical applications to stop and reboot taking down operations abruptly and unsafely for any workers on the plant floor.

Fortunately, AZT PROTECT intercepted these updates and, as its policy was set for full ICS lockdown, it stopped the updates from executing, keeping the protected devices' applications up and fully operational. The Plant Manager was extremely pleased. "That could have been a bad day if that happened during a production run, even without production running, that number of updates could have taken several hours to process with devices facing multiple consecutive reboots. If any of these updates were untested for issues, which most were, they could have caused a long-term outage until the devices could be recovered. What could have been a very expensive lost production day was avoided."

AZT PROTECT provides a lock-down approach to protecting critical infrastructure applications from unintended updates as well as attacks, such as stopping all forms of malware, ransomware, and nation-state-backed attacks on these applications and the operating systems on which they run.

"We are extremely pleased that our product performed flawlessly for this customer in their time of need. We feel it's a testament to our team's ability to design effective products, but what was truly inspiring is this customer's production operation manager deployed the product across all his devices without our help," said Gary Southwell, President of ARIA Cybersecurity. "This shows that our product is not only effective but easy to deploy - not something you hear much of from production operations managers when they are talking about cybersecurity products!"

The AZT PROTECT solution utilizes patented reactive AI-based countermeasures to stop the attacks as they land on an operation's most vulnerable critical production control systems. These countermeasures lock down critical applications from unscheduled updates and adulteration while stopping code-based attacks, such as malware and ransomware, from executing. Further, they disrupt the techniques nation-state-backed attackers utilize to land, expand, and then escalate privileges to take control of such systems.
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2morrowsGains

08/14/25 8:41 AM

#125878 RE: 2morrowsGains #125792

CSPI...CSPi Generates 18% Revenue Growth During FY 2025 Third Quarter

Reports Continued Progress Penetrating AZT PROTECT™ Sales Channels as Managed Services and Cloud-Based Businesses Maintain Growth Trajectories

LOWELL, MA / ACCESS Newswire / August 14, 2025 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today announced results, including an 18% increase in total revenue for the fiscal third quarter ended June 30, 2025 compared to the prior fiscal year 2024 quarter. The Company also announced that the Board of Directors declared a quarterly dividend of $0.03 per share payable September 15, 2025, to shareholders of record at the close of business on August 29, 2025.

Recent Achievements and Operating Highlights

Technology Solutions (TS) revenue grows 20% for the third fiscal quarter of 2025 compared to the same prior year quarter, reflecting increased demand for cloud-based services and from our Maritime commercial and tourism customers.

TS selected to deliver critical Microsoft Azure Project for Florida-Based Healthcare Provider due to its technical expertise in cloud services.

The High-Performance Products (HPP) segment broadened its relationship with South African cell tower customer with an additional multi-year contract to protect cell tower visual monitoring systems involving deploying AZT PROTECT™.

Strengthened reseller relationships led to new AZT PROTECT™ customer engagements in the steel, concrete and lumber industries.

Strongest customer order pipeline for AZT PROTECT™ since introducing the product reflecting the increasing market awareness and demand for our innovative solutions both domestically and internationally.

Added as a member of the broad-market Russell 3000® Index as part of the 2025 Russell indexes reconstitution.

Board of Directors declares $0.03 per share quarterly dividend.

"In addition to 18% total revenue growth driven by our TS business segment in the third fiscal quarter of 2025 compared to the same prior year quarter, we generated significant momentum throughout the quarter for our differentiated AZT PROTECT™ offering," commented Victor Dellovo, Chief Executive Officer. "Midway through the fiscal fourth quarter we are continuing to experience high interest across our business segments, which increases our potential to grow the top and bottom line for the full fiscal year. The TS business remains strong as the cloud-based business continues to exceed our projections including a secured Microsoft Azure Project for a Florida-Based Healthcare Provider during the third fiscal year quarter. Furthermore, our Maritime business is robust and has required added personnel resources to meet current demand."

"The success of our AZT PROTECT™ reseller and distribution-focused strategy was featured prominently in the fiscal third quarter as we signed new customers in the steel, concrete and lumber industries. These are critically important verticals, allowing us to further develop the relationship with Rockwell and other resellers as we build brand identity in dynamic growth markets. Internationally, the recently announced follow up order with a South African cell tower company demonstrates the impact of our layered-on sales approach to position the Company for larger six and seven figure contracts. As we remain focused on executing our go-to-market strategies, I believe our inclusion in the Russell 3000® Index will elevate the awareness of our story among a broader institutional base and coincide with new AZT PROTECT™ customers."

Fiscal 2025 Third Quarter Results

Revenue for the fiscal third quarter ended June 30, 2025, increased 18% to $15.4 million compared to revenue of $13.1 million for the fiscal third quarter ended June 30, 2024. Product revenue represented $10.2 million of sales, rising 29% compared to the year-ago product revenue of $7.8 million. Service revenue for the quarter was $5.3 million, a slight increase compared to fiscal 2024 third quarter.

Gross profit for the three months ended June 30, 2025, was $4.5 million compared to $4.6 million to the fiscal 2024 third quarter. Gross margin for the fiscal third quarter ended June 30, 2025, was 29% of sales, down compared to 34% of sales for the year ago fiscal third quarter, due to the higher proportion of product revenue as the services business was relatively flat. The Company reported a net loss of $(0.3) million, or $0.03 per diluted common share for the fiscal third quarter, compared to a net loss of $(0.2) million, or $0.02 per diluted common share for the prior fiscal year third quarter.

The Company continued to maintain a robust balance sheet and as of June 30, 2025, had cash and cash equivalents of $26.3 million. The Company continues to successfully manage its financial resources to ensure a robust balance sheet as it continues to build brand awareness for the AZT PROTECT offering. Additionally, during the quarter the Company repurchased over 19,000 shares for a total cost of $0.3 million. Approximately 0.3 million shares remain available under the share repurchase authorization approved by the Board of Directors in 2021.

Fiscal Year 2025 Nine Month Results

Revenue for the fiscal nine months ended June 30, 2025, was $44.3 million compared with revenue of $42.2 million in prior year period. Gross profit for the fiscal nine months ended June 30, 2025, was $13.2 million, or 30% of sales compared with $15.2 million, or 36% of sales. The Company reported net income of $0.1 million, or $0.01 per share in the fiscal nine months ended June 30, 2025, compared with net income of $1.3 million, or $0.13 per diluted share for the fiscal nine months ended June 30, 2024.

Conference Call Details

CSPi Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. (ET) today to review CSPi's financial results and provide a business update. To listen to a live webcast of the call, the event link is https://www.webcaster4.com/Webcast/Page/2912/52832. Individuals also may listen to the call via telephone, by dialing 973-528-0016 or 877-545-0523 and use the Participant Access Code: 382619 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website.