TranSwitch Reports Q3
“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)