content: <HTML>
  <HEAD>
  <TITLE>UNITED STATES</TITLE>
  </HEAD>
  <BODY>
  
  <B><FONT SIZE=2><P ALIGN="CENTER">UNITED STATES<BR>
  SECURITIES AND EXCHANGE COMMISSION<BR>
  Washington, D.C. 20549</P>
  </FONT><FONT FACE="Arial"><P ALIGN="CENTER">FORM 144</P>
  </FONT><FONT SIZE=2><P ALIGN="CENTER">NOTICE OF PROPOSED SALE OF SECURITIES<BR>
  PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933</P><DIR>
  <DIR>
  <DIR>
  <DIR>
  <DIR>
  
  <P>ATTENTION:&#9;</B><I>Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale <BR>
  or executing a sale directly with a market maker</P></DIR>
  </DIR>
  </DIR>
  </DIR>
  </DIR>
  </I></FONT>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=949>
  <TR><TD WIDTH="53%" VALIGN="TOP" COLSPAN=3>
  <B><DIR>
  
  <P>CSP INC. </DIR>
  </B></TD>
  <TD WIDTH="14%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD WIDTH="33%" VALIGN="TOP" COLSPAN=3>
  <I><FONT SIZE=1><P>(c) </I>S.E.C. FILE NO.</P>
  
  </FONT><B><FONT SIZE=2><P>&nbsp;</B></FONT></TD>
  </TR>
  <TR><TD WIDTH="80%" VALIGN="TOP" COLSPAN=6 HEIGHT=26>
  <FONT SIZE=1><P>1 (<I>d</I>) ADDRESS OF ISSUER                                                                                                           CITY                                                  STATE                                 ZIP CODE</FONT></TD>
  <TD WIDTH="20%" VALIGN="TOP" COLSPAN=2 HEIGHT=26>
  <I><FONT SIZE=1><P>(e) </I>TELEPHONE NO.</FONT></TD>
  </TR>
  <TR><TD WIDTH="80%" VALIGN="TOP" COLSPAN=6>
  <FONT FACE="Arial"><P>43 Manning Road   Billerica, MA&nbsp;01821</FONT></TD>
  <TD WIDTH="8%" VALIGN="TOP">
  <FONT SIZE=1><P>AREA CODE</P>
  </FONT><B><FONT SIZE=1><P>    </B></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">NUMBER</P>
  </FONT><B><FONT SIZE=1><P ALIGN="CENTER"></B></FONT></TD>
  </TR>
  <TR><TD WIDTH="31%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>2 <I>(a) </I>NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD</P>
  </FONT><B><P>C. Shelton James</DIR>
  </B></TD>
  <TD WIDTH="15%" VALIGN="TOP"><DIR>
  
  <I><FONT SIZE=1><P>(B)IRS IDENT. NO..</P>
  </I>
  </FONT><B><FONT SIZE=3><P> ###-##-####</DIR>
  </B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" COLSPAN=2><DIR>
  
  <I><FONT SIZE=1><P>(c) </I>RELATIONSHIP TO ISSUER</P>
  </FONT><B><FONT SIZE=2><P>    Officer </DIR>
  </B></FONT></TD>
  <TD WIDTH="44%" VALIGN="TOP" COLSPAN=4>
  <I><FONT SIZE=1><P>(d) </I>ADDRESS STREET&#9;CITY&#9;STATE&#9;ZIP CODE</P>
  </FONT><B><FONT SIZE=3><P>504 Cedar Heights Road, Pittsview, AL 36875</B></FONT></TD>
  </TR>
  <TR><TD WIDTH="31%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="15%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD WIDTH="44%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
  </TR>
  </TABLE>
  
  
  <I><FONT SIZE=2><P ALIGN="CENTER">INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File</FONT> Number.</P></I>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=955>
  <TR><TD WIDTH="9%" VALIGN="TOP" HEIGHT=4>
  <FONT SIZE=1><P>3 <I>(a)</I></FONT></TD>
  <TD WIDTH="23%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(b)</I></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" BGCOLOR="#ffffff" HEIGHT=4>
  <B><FONT SIZE=1><P ALIGN="CENTER">SEC USE ONLY</B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(c)</I></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(d)</I></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(e)</I></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(f)</I></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" HEIGHT=4>
  <I><FONT SIZE=1><P>(g)</I></FONT></TD>
  </TR>
  <TR><TD WIDTH="9%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Title of the</P>
  <P ALIGN="CENTER">Class of</P>
  <P ALIGN="CENTER">Securities </P>
  <P ALIGN="CENTER">To Be Sold</B></FONT></TD>
  <TD WIDTH="23%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER"></P>
  <P ALIGN="CENTER">Name and Address of Each Broker Through Whom the</P>
  <P ALIGN="CENTER">Securities are to be Offered or Each Market Maker</P>
  <P ALIGN="CENTER">who is Acquiring the Securities</B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP" BGCOLOR="#ffffff">
  <FONT SIZE=1>
  <B><P ALIGN="CENTER">Broker-Dealer</P>
  <P ALIGN="CENTER">File Number</B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Number of Shares</P>
  <P ALIGN="CENTER">or Other Units</P>
  <P ALIGN="CENTER">To Be Sold</P>
  <I><P ALIGN="CENTER">(See instr. 3(c))</B></I></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Aggregate </P>
  <P ALIGN="CENTER">Market</P>
  <P ALIGN="CENTER">Value</P>
  <I><P ALIGN="CENTER">(See instr. 3(d))</B></I></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Number of Shares</P>
  <P ALIGN="CENTER">or Other Units</P>
  <P ALIGN="CENTER">Outstanding</P>
  <I><P ALIGN="CENTER">(See instr. 3(e))</B></I></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Approximate</P>
  <P ALIGN="CENTER">Date of Sale</P>
  </B><I><P ALIGN="CENTER">(See instr. 3(f))</P>
  </I><P ALIGN="CENTER">(MO.  DAY  YR.)</FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><FONT SIZE=1><P ALIGN="CENTER">Name of Each</P>
  <P ALIGN="CENTER">Securities</P>
  <P ALIGN="CENTER">Exchange</P>
  <I><P ALIGN="CENTER">(See instr. 3(g))</B></I></FONT></TD>
  </TR>
  <TR><TD WIDTH="9%" VALIGN="TOP">
  <B><FONT SIZE=2>
  </B></FONT><P>Common</TD>
  <TD WIDTH="23%" VALIGN="TOP">
  <B><FONT SIZE=2><P ALIGN="CENTER"></P>
  <P>MBC Securities</P>
  </B></FONT><P>1927 First Ave. North</P>
  <P>Birmingham, AL 35203</TD>
  <TD WIDTH="11%" VALIGN="TOP" BGCOLOR="#ffffff">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <P ALIGN="CENTER">2,500</P>
  <B><FONT SIZE=2><P ALIGN="CENTER"></B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><P>26,200</B></TD>
  <TD WIDTH="12%" VALIGN="TOP">
  <B><P ALIGN="CENTER">3.74MIL</P>
  <FONT SIZE=2><P ALIGN="CENTER"></B></FONT></TD>
  <TD WIDTH="12%" VALIGN="TOP">
  <B><P ALIGN="CENTER">3/9/07</P>
  <FONT SIZE=1><P ALIGN="CENTER"></P>
  </FONT><FONT SIZE=2><P>       </B></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><P ALIGN="CENTER">NASDAQ</P>
  <FONT SIZE=1><P ALIGN="CENTER"></P>
  </FONT><FONT SIZE=2><P ALIGN="CENTER">&nbsp;</B></FONT></TD>
  </TR>
  <TR><TD WIDTH="9%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="23%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP" BGCOLOR="#ffffff">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  <TR><TD WIDTH="9%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="23%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP" BGCOLOR="#ffffff">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  </TABLE>
  
  <B><FONT SIZE=1><P>INSTRUCTIONS:</P>
  </B></FONT><FONT SIZE=1></FONT>
  <TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=955>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>1. (a)  Name of issuer</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>3. (a) Title of the class of securities to be sold</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(b)  Issuer's I.R.S. Identification Number</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(b)  Name and address of each broker through whom the securities are intended to be sold</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(c)  Issuer's S.E.C. file number, if any</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(c)  Number of shares or other units to be sold (if debt securities, give the aggregate face amount)</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(d)  Issuer's address, including zip code</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(d)  Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(e)  Issuer's telephone number, including area code</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(e)  Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as &#9;shown by the most recent report or statement published by the issuer</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>2. (a)  Name of person for whose account the securities are to be sold</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(f)  Approximate date on which the securities are to be sold</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(b)  Such person's I.R.S. identification number, if such person is an entity</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">
  <FONT SIZE=1><P>&#9;(g)  Name of each securities exchange, if any, on which the securities are intended to be sold</FONT></TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(c)  Such person's relationship to the issuer (e.g., officer, director, 10% &#9;stockholder, or member of immediate family of any of the foregoing)</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  <TR><TD WIDTH="40%" VALIGN="TOP"><DIR>
  
  <FONT SIZE=1><P>&#9;(d)  Such person's address, including zip code</DIR>
  </FONT></TD>
  <TD WIDTH="60%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  </TABLE>
  
  <B><FONT SIZE=2>
  <P>                                                                                              TABLE I - SECURITIES TO BE SOLD</P>
  </B><I><P ALIGN="CENTER">Furnish the following information with respect to the acquisition of the securities to be sold</P>
  <P ALIGN="CENTER">and with respect to the payment of all or any part of the purchase price or other consideration therefor:</P></I></FONT>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=955>
  <TR><TD WIDTH="9%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">Title of <BR>
  the Class</FONT></TD>
  <TD WIDTH="7%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">Date you Acquired</FONT></TD>
  <TD WIDTH="24%" VALIGN="MIDDLE">
  <FONT SIZE=1><P ALIGN="CENTER">Nature of Acquisition Transaction</FONT></TD>
  <TD WIDTH="25%" VALIGN="TOP" COLSPAN=2>
  <FONT SIZE=1><P ALIGN="CENTER">Name of Person from Whom Acquired<BR>
  <I>(If gift, also give date donor acquired)</I></FONT></TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">Amount of Securities Acquired</FONT></TD>
  <TD WIDTH="9%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">Date of Payment</FONT></TD>
  <TD WIDTH="16%" VALIGN="MIDDLE" COLSPAN=2>
  <FONT SIZE=1><P ALIGN="CENTER">Nature of Payment</FONT></TD>
  </TR>
  <TR><TD WIDTH="9%" VALIGN="TOP">
  <B><FONT SIZE=2>
  <P>COMMON</P>
  
  <P>&nbsp;</P>
  <P>&nbsp;</P>
  <P>&nbsp;</P>
  <P>&nbsp;</B></FONT></TD>
  <TD WIDTH="7%" VALIGN="TOP">
  <B><FONT SIZE=2><P>&nbsp;</P>
  <P>&nbsp;</B></FONT></TD>
  <TD WIDTH="24%" VALIGN="TOP">
  <B><FONT SIZE=2><P> </P>
  <P>    STOCK OPTION EXERCISE</B></FONT></TD>
  <TD WIDTH="25%" VALIGN="TOP" COLSPAN=2>
  <B><FONT SIZE=3><P ALIGN="CENTER"></P>
  </B></FONT><P ALIGN="CENTER">CSP INC.</TD>
  <TD WIDTH="11%" VALIGN="TOP">
  <B><FONT SIZE=2><P ALIGN="CENTER"></P>
  <P ALIGN="CENTER">&nbsp;</B></FONT></TD>
  <TD WIDTH="9%" VALIGN="TOP">
  <B><FONT SIZE=2><P ALIGN="CENTER">&nbsp;</P>
  <P ALIGN="CENTER">&nbsp;</B></FONT></TD>
  <TD WIDTH="16%" VALIGN="TOP" COLSPAN=2>
  <B><FONT SIZE=2><P ALIGN="CENTER">&nbsp;</P>
  <P ALIGN="CENTER">CASH</B></FONT></TD>
  </TR>
  <TR><TD WIDTH="52%" VALIGN="TOP" COLSPAN=4>
  <P ALIGN="JUSTIFY"></P>
  <P ALIGN="JUSTIFY">&nbsp;</P><DIR>
  <DIR>
  <DIR>
  <DIR>
  
  <B><FONT SIZE=1><P ALIGN="JUSTIFY">INSTRUCTIONS:    </B>1.   If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.</DIR>
  </DIR>
  </DIR>
  </DIR>
  </FONT></TD>
  <TD WIDTH="35%" VALIGN="TOP" COLSPAN=4><DIR>
  
  <FONT SIZE=1><P ALIGN="JUSTIFY">2.  If within two years after the acquisition of the securities <BR>
  the person for whose account they are to be sold had any <BR>
  short positions, put or other option to dispose of securities <BR>
  referred to in paragraph (d)(3) of Rule 144, furnish full <BR>
  information with respect thereto.</DIR>
  </FONT></TD>
  <TD WIDTH="13%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  </TABLE>
  
  <B><FONT SIZE=2><P ALIGN="CENTER">TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS</P>
  </B><I><P ALIGN="CENTER">Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.</P></I></FONT>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=955>
  <TR><TD WIDTH="42%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER"></P>
  <P ALIGN="CENTER">Name and Address of Seller</FONT></TD>
  <TD WIDTH="20%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER"></P>
  <P ALIGN="CENTER">Title of Securities Sold</FONT></TD>
  <TD WIDTH="8%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER"></P>
  <P ALIGN="CENTER">Date of Sale</FONT></TD>
  <TD WIDTH="15%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER">Amount of<BR>
  Securities Sold</FONT></TD>
  <TD WIDTH="15%" VALIGN="TOP">
  <FONT SIZE=1><P ALIGN="CENTER"><BR>
  Gross Proceeds</FONT></TD>
  </TR>
  <TR><TD WIDTH="42%" VALIGN="TOP">
  <FONT SIZE=2>
  <B><P>&nbsp;</P>
  </B><P>&nbsp;</P>
  <P>&nbsp;</P>
  <P>&nbsp;</P>
  <P>&nbsp;</FONT></TD>
  <TD WIDTH="20%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="15%" VALIGN="TOP">&nbsp;</TD>
  <TD WIDTH="15%" VALIGN="TOP">&nbsp;</TD>
  </TR>
  </TABLE>
  
  <B><FONT SIZE=1><P>REMARKS:</P>
  </B></FONT>
  <P>&nbsp;</P>
  <P>&nbsp;</P>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=949>
  <TR><TD WIDTH="56%" VALIGN="TOP">
  <B><P ALIGN="JUSTIFY">INSTRUCTIONS:  </P>
  </B><FONT SIZE=1><P ALIGN="JUSTIFY">See the definition of &quot;person&quot; in paragraph (a) of Rule 144. Information is to be given not only as to<BR>
   the person for whose account the securities are to be sold but also as to all other persons included<BR>
   in that definition. In addition, information shall be given as to sales by all persons whose sales are <BR>
  required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.</FONT></TD>
  <TD WIDTH="44%" VALIGN="TOP">
  <B><P ALIGN="JUSTIFY">ATTENTION:  </P>
  </B><I><FONT SIZE=1><P ALIGN="JUSTIFY">The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.  </I></FONT></TD>
  </TR>
  </TABLE>
  
  
  <P>&#9;March 9, 2007&#9;&#9;C. Shelton James</P>
  <FONT SIZE=1><P>&#9;&#9;DATE OF NOTICE&#9;&#9;(SIGNATURE)</P>
  </FONT><I><FONT SIZE=1><P ALIGN="CENTER">The notice shall be signed by the person for whose account the securities are to be sold.  At least one copy of the notice shall be manually signed. </P>
  <P ALIGN="CENTER">Any copies not manually signed shall bear typed or printed signatures.</P></I></FONT>
  <TABLE BORDER CELLSPACING=1 CELLPADDING=7 WIDTH=955>
  <TR><TD VALIGN="TOP">
  <B><P ALIGN="CENTER">ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)</B></TD>
  </TR>
  </TABLE>
  
  </BODY>
  </HTML>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "form144james.htm", "description": "FORM 144 C. SHELTON JAMES  3/12/07", "secsgml_size_bytes": 15673}]
text: UNITED STATES
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  FORM 144
  NOTICE OF PROPOSED SALE OF SECURITIES
  PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
  ATTENTION:
  Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale
  or executing a sale directly with a market maker
  CSP INC.
  (c)
  S.E.C. FILE NO.
  1 (
  d
  ) ADDRESS OF ISSUER                                                                                                           CITY                                                  STATE                                 ZIP CODE
  (e)
  TELEPHONE NO.
  43 Manning Road   Billerica, MA 01821
  AREA CODE
  NUMBER
  2
  (a)
  NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
  C. Shelton James
  (B)IRS IDENT. NO..
  ###-##-####
  (c)
  RELATIONSHIP TO ISSUER
  Officer
  (d)
  ADDRESS STREET	CITY	STATE	ZIP CODE
  504 Cedar Heights Road, Pittsview, AL 36875
  INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File
  Number.
  3
  (a)
  (b)
  SEC USE ONLY
  (c)
  (d)
  (e)
  (f)
  (g)
  Title of the
  Class of
  Securities
  To Be Sold
  Name and Address of Each Broker Through Whom the
  Securities are to be Offered or Each Market Maker
  who is Acquiring the Securities
  Broker-Dealer
  File Number
  Number of Shares
  or Other Units
  To Be Sold
  (See instr. 3(c))
  Aggregate
  Market
  Value
  (See instr. 3(d))
  Number of Shares
  or Other Units
  Outstanding
  (See instr. 3(e))
  Approximate
  Date of Sale
  (See instr. 3(f))
  (MO.  DAY  YR.)
  Name of Each
  Securities
  Exchange
  (See instr. 3(g))
  Common
  MBC Securities
  1927 First Ave. North
  Birmingham, AL 35203
  2,500
  26,200
  3.74MIL
  3/9/07
  NASDAQ
  INSTRUCTIONS:
  1. (a)  Name of issuer
  3. (a) Title of the class of securities to be sold
  (b)  Issuer's I.R.S. Identification Number
  (b)  Name and address of each broker through whom the securities are intended to be sold
  (c)  Issuer's S.E.C. file number, if any
  (c)  Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
  (d)  Issuer's address, including zip code
  (d)  Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
  (e)  Issuer's telephone number, including area code
  (e)  Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as 	shown by the most recent report or statement published by the issuer
  2. (a)  Name of person for whose account the securities are to be sold
  (f)  Approximate date on which the securities are to be sold
  (b)  Such person's I.R.S. identification number, if such person is an entity
  (g)  Name of each securities exchange, if any, on which the securities are intended to be sold
  (c)  Such person's relationship to the issuer (e.g., officer, director, 10% 	stockholder, or member of immediate family of any of the foregoing)
  (d)  Such person's address, including zip code
  TABLE I - SECURITIES TO BE SOLD
  Furnish the following information with respect to the acquisition of the securities to be sold
  and with respect to the payment of all or any part of the purchase price or other consideration therefor:
  Title of
  the Class
  Date you Acquired
  Nature of Acquisition Transaction
  Name of Person from Whom Acquired
  (If gift, also give date donor acquired)
  Amount of Securities Acquired
  Date of Payment
  Nature of Payment
  COMMON
  STOCK OPTION EXERCISE
  CSP INC.
  CASH
  INSTRUCTIONS:
  1.   If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
  2.  If within two years after the acquisition of the securities
  the person for whose account they are to be sold had any
  short positions, put or other option to dispose of securities
  referred to in paragraph (d)(3) of Rule 144, furnish full
  information with respect thereto.
  TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
  Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.
  Name and Address of Seller
  Title of Securities Sold
  Date of Sale
  Amount of
  Securities Sold
  Gross Proceeds
  REMARKS:
  INSTRUCTIONS:
  See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to
  the person for whose account the securities are to be sold but also as to all other persons included
  in that definition. In addition, information shall be given as to sales by all persons whose sales are
  required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
  ATTENTION:
  The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.
  March 9, 2007		C. Shelton James
  DATE OF NOTICE		(SIGNATURE)
  The notice shall be signed by the person for whose account the securities are to be sold.  At least one copy of the notice shall be manually signed.
  Any copies not manually signed shall bear typed or printed signatures.
  ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)