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Earnings reports

TranSwitch Reports Q3

SHELTON, Conn. -- TranSwitch Corporation (NASDAQ: TXCC) today announced that it posted third quarter 2006 net revenues of approximately $9.6 million and a net loss of ($0.7) million, or ($0.01) per basic and diluted common share. This compares to third quarter 2005 net revenues of approximately $7.3 million and a net loss of ($1.3) million, or ($0.01) per basic and diluted common share.

“In the third quarter, TranSwitch demonstrated its progress in transitioning to its new product portfolio and its strong customer acceptance among top telecommunications manufacturers worldwide. We enter the fourth quarter, 2006, with a strong confidence regarding the long-term prospects of TranSwitch Corporation. Our confidence is based on the fact that we have design-wins in key platforms of most of the Tier-1 customers, we have a product portfolio second to none, our balance sheet is strong and we are continuing to systematically reduce our expenses,” commented Dr. Santanu Das, President and CEO of TranSwitch Corporation.

TranSwitch Corp. (Nasdaq: TXCC)

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