TranSwitch Corporation announced that it has received a NASDAQ Staff determination letter dated November 9, 2009, notifying the Company that it has not complied with NASDAQ Marketplace Rule 5550(a)(2). In anticipation of such notice and in connection with the Company�s plan to regain compliance, TranSwitch announced on November 9, 2009 that its Board of Directors approved the implementation of a one-for-eight reverse stock split of the Company's common stock. The reverse stock split, which was authorized by stockholders at the Company's 2009 annual meeting of stockholders on May 21, 2009, will take effect on November 23, 2009. TranSwitch had initially been notified by NASDAQ on January 28, 2008 that the bid price of its common stock had closed at less than $1.00 per share over the previous 30 consecutive business days. On July 30, 2008, TranSwitch received notice from the Listing Qualifications Department of The NASDAQ Stock Market that its application to list common stock on The NASDAQ Capital Market was approved and its common stock began trading on the NASDAQ Capital Market on that date. As a result of suspensions by NASDAQ of enforcement of the bid price and market value of publicly held shares as required pursuant to NASDAQ Marketplace Rule 4450(a)(5) between October 22, 2008 and July 31, 2009, the Company had until November 6, 2009 to regain compliance. As TranSwitch has not regained compliance, the NASDAQ Staff has determined to delist its securities from the Capital Market. Accordingly, unless TranSwitch requests an appeal of this determination, trading of its common stock will be suspended at the opening of business on November 16, 2009 and its common stock will be removed from listing and registration on The NASDAQ Stock Market. TranSwitch has filed the required appeal of the Staff's determination to a NASDAQ Hearings Panel, pursuant to the procedures set forth in the NASDAQ Marketplace Rule 5800 Series. A hearing request will stay the delisting of TranSwitch�s securities pending the Panel's decision. Although there can be no assurances that the Hearings Panel will grant such request, TranSwitch anticipates that, if granted, the implementation of its announced reverse stock split will provide the Company with the opportunity to be in compliance with the Marketplace Rule by early December.

TranSwitch Corp. announced that Dr. M. Ali Khatibzadeh has been appointed as the company's President and Chief Executive Officer, succeeding Dr. Santanu Das. Dr. Khatibzadeh's appointment will become effective on December 1, 2009. Dr. Das, who is a founder of the Company and has been the CEO since its inception, has decided to resign after twenty years of dedicated service. Dr. Khatibzadeh was most recently an executive at Anadigics Inc. and has more than 22 years of experience in the communications semiconductor industry.

TranSwitch Corp. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).