Ronald I. Chorches, Trustee, filed a motion to sell certain assets of TranSwitch Corp. in the US Bankruptcy Court on February 18, 2014. The trustee seeks the Court's approval for the sale of debtor's 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.