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

William E. Bent Jr.

(B)IRS IDENT. NO..

025463657

(c) RELATIONSHIP TO ISSUER

(d) ADDRESS STREET CITY STATE ZIP CODE

43 Manning Road Billerica, MA 01821
       

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

E*TRADE FINANCIAL 1095 WHITE ROCK ROAD

RANCHO CORDOVA, CA 95670

  

2,662

  

3.74 MIL.

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 EXERICSE

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 William E. Bent Jr.

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)