TranSwitch Corporation (NASDAQ: TXCC), a leading provider of
semiconductor solutions for the converging voice, data and video
network, today announced that Robert Bosi, Vice President and CFO, and
Ted Chung, Vice President, Business Development, will present at the 11th
Annual Needham Growth Stock Conference at The New York Palace Hotel on
Jan. 8, 2009 at 2:00 p.m. Eastern time in New York, New York.
The presentation will focus on the Company’s strategy, product offerings
and target markets as well as its significant achievement in executing
its product strategy targeted towards next generation broadband access,
Fiber-to-the-Home, Voice-over-IP, carrier Ethernet, and HDMI-based video
transport.
The live audio presentation can be accessed in the Investor Relations
section of TranSwitch’s website at www.transwitch.com.
Interested parties are advised to go to the site at least 15 minutes
prior to the start of the presentation. The conference webcast will be
archived and available on a replay basis for 5 days following the
conference.
About TranSwitch Corporation
TranSwitch Corporation designs, develops and markets innovative
semiconductors that provide core functionality and complete solutions
for voice, data and video communications network equipment. As a leading
supplier to telecom, datacom, cable television and wireless markets,
TranSwitch customers include the major OEMs that serve the worldwide
public network, the Internet, and corporate Wide Area Networks (WANs).
TranSwitch devices are inherently flexible, with many incorporating
embedded programmable microcontrollers to rapidly meet customers’ new
requirements or evolving network standards by modifying a function via
software instruction. TranSwitch implements global communications
standards in its VLSI solutions and is committed to providing
high-quality products and services. TranSwitch, Shelton, CT, is an ISO
9001:2000 registered company. For more information, visit www.transwitch.com.
Forward-looking statements in this release, including statements
regarding management's expectations for future financial results and the
markets for TranSwitch's products, are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Investors
are cautioned that these forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from
those contained in the forward-looking statements, including without
limitation the risk that TranSwitch’s and Centillium’s businesses will
not be integrated successfully or will be delayed; the risk that the
merger of the companies will involve unexpected costs or unexpected
liabilities; uncertainties concerning the effect of the merger on
relationships with customers, employees and suppliers of either company;
and other risks associated with TranSwitch’s businesses such as the
risks associated with acquiring new businesses; the risk of downturns in
economic conditions generally and in the telecommunications and data
communications markets and the semiconductor industry specifically;
risks in product development and market acceptance of and demand for
TranSwitch's products and products developed by TranSwitch's customers;
risks relating to TranSwitch's indebtedness; risks of failing to attract
and retain key managerial and technical personnel; risks associated with
foreign sales and high customer concentration; risks associated with
competition and competitive pricing pressures; risks associated with
investing in new businesses; risks of dependence on third-party VLSI
fabrication facilities; risks related to intellectual property rights
and litigation; risks in technology development and commercialization;
and other risks detailed in TranSwitch's filings with the Securities and
Exchange Commission.
TranSwitch expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any such statements to
reflect any change in expectations or any change in events, conditions
or circumstances on which any such statement is based.
TranSwitch is a registered trademark of TranSwitch Corporation.