TranSwitch Corporation Announces a Further Corporate Governance Initiative

TranSwitch Corporation, a leading provider of high-speed Broadband, Switching, and Transport semiconductor solutions for voice, data and video communications, today announced that it has taken a further corporate governance initiative by separating the roles of Chief Executive Officer and Chairman of the Board.

Mr. Alfred F. Boschulte has been elected Chairman of the Board of Directors of the Company. Mr. Boschulte has been a director of TranSwitch Corporation since December, 1998, and is an active member of several committees of the Board. Dr. Santanu Das, who previously held the positions of Chairman, President and Chief Executive Officer of TranSwitch Corporation, continues in his role as President and CEO of the Company.

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