This paper presents performance evaluation of a new high speed inter-processor communication(HIPC) network for large capacity and high performance digitral switching system. The HIPC structure implements the fast reservation and concurrent arbitration technique (modified round-robin arbitration). The performance evaluation of HIPC was performed by not only computer simulation but also numerical approximation method which was derived for a single server multi-queue system with nonexhaustive cyclic service. The approximation results are almost same with that of computer simulation. The TDX-10 basic callscenario was applied to the HIPC netowrk and analyzed. these results were compared with TDX-10 IPC and shows that the difference of th emean waiting time in the TX buffer of NTP node increases sharply according to the increase of the message arrival rate.