The US Bankruptcy Court gave an order approving the sale of the certain assets of TranSwitch Corp. at a public auction on March 7, 2014. The trustee has been authorized to sell debtors certain assets through a Global Online Auction conducted by auctioneer Silicon Valley Disposition, Inc. The Auction will be conducted over approximately three days i.e. from March 9, 2014 to o March 11, 2014, including one day of on-site preview.

Some lots may have a minimum bid or reserve price, as determined by the Trustee and SVD in their reasonable discretion, which shall be set before March 9, 2014. All Equipment shall be sold as in one or more lots as determined by SVD. The Equipment is being sold on an “as-is, where-is” basis.

The Equipment is being sold subject to any defects, if any. The Trustee and his agents make no representations of condition, fitness, or marketability of the Equipment.