TranSwitch Developer of intelligent, innovative silicon and software solutions
for the converging voice, data and video network
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TranSwitch Corporation
3 Enterprise Drive
Shelton, CT 06484
USA

T: +1.203.929.8810
F: +1.203.926.9453

Copyright © 1995-2009
TranSwitch Corporation

TranSwitch Corporation, Shelton, CT
is ISO 9001 Registered

TranSwitch Corporation Announces Agreement to Sublease Office Space
March 6, 2009

TranSwitch in the News

SHELTON, CT – March 6, 2009 – TranSwitch Corporation (NASDAQ: TXCC), a leading provider of semiconductor solutions for the converging voice, data and video network, today announced that it entered into an agreement on March 3, 2009 with a Fortune 500 company to sublease 92,880 square feet of office space located in Shelton, Connecticut. The sublease agreement extends through the year 2014. As a result of this sublease, TranSwitch expects to reverse approximately $6.7 million of its previously accrued restructuring liability during the first quarter of the fiscal year ending December 31, 2009.

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For More Information Contact:


Robert A. Bosi
Chief Financial Officer
Phone: 203.929.8810 ext. 2465
Robert.Bosi@transwitch.com