SURE-FIRE Selects TranSwitch's HDplay Solution for a New Family of Mobile Video Accessories

TranSwitch® Corporation (NASDAQ: TXCC), a leading provider of semiconductor solutions in the rapidly growing consumer electronics and telecommunications markets, today announced that the Company is working with SURE-FIRE to develop a new family of products targeting the growing mobile accessories market for video-enabled smartphones and tablets. TranSwitch’s TXC-44151 HDplay® IC has been selected by SURE-FIRE to serve as a single-chip integrated platform for mobile video dongles which support multiple video standards including HDMI®, DisplayPort™, Mobility DisplayPort (MyDP), and MHL™ in one solution. SURE-FIRE is a leading manufacturer of video connectivity devices, including cables and dongles marketed by major consumer electronics brands and sold across a variety of markets.

Mobile devices continue to evolve by adopting new connectivity standards, including MHL, DisplayPort, and MyDP. According to the MHL Consortium, there are over 200 adopters of the standard, including TranSwitch, which are helping to drive adoption of MHL in mobile devices. In a recent report by TechNavio, DisplayPort-enabled device shipments are also forecasted to grow at a CAGR of 31.6% from 2012 to 2016. Video-enabled mobile devices, such as smartphones and tablets, are forecasted by IDC to grow over the next several years. Smartphone shipments are expected to increase at a compound annual growth rate (CAGR) of 16.0% from 2013 to 2017, reaching 1.5 billion units in 2017, while tablet shipments are anticipated to grow at a CAGR of 23.3% from 2012 to 2016, reaching 282.7 million units in 2016.

“We are very pleased to be collaborating with TranSwitch on our new connectivity accessories,” said Dean Chiu, Global Project Manager at SURE-FIRE. “Mobile devices are evolving at an accelerated pace with exciting multimedia capabilities. We plan to leverage TranSwitch’s innovative HDplay transceiver for our new mobile video dongles to further provide compact, high performance and simple solutions for connecting these advanced smartphones and tablets to a variety of displays. We anticipate that this collaboration will result in innovative new products that provide consumers with universal video connectivity products. These solutions can also enable retailers, including wireless carriers, to manage costs by reducing the number and type of video adapter accessories carried in inventory through their retail operations.”

“The emergence of different video connectivity standards for mobile devices strengthens consumer demand for multi-standard video accessories to provide a critical link between mobile devices and displays,” said Tim Blanke, vice president of worldwide sales and marketing at TranSwitch. “We are actively promoting our latest HDplay products for this large and growing accessory market. Discussions with OEMs as well as directly with wireless carriers, validate the key advantages of our HDplay solutions for small multi-standard video accessories. We are very excited about teaming up with SURE-FIRE in the development of mobile video accessories as they are an established and proven leader with experience selling into the retail dongle market.”

HDplay leverages TranSwitch’s unique MHDP™ technology to combine HDMI, DisplayPort, MyDP and MHL functionality in a single IC to help manufacturers reduce design complexity, cost, space requirements and time-to-market. HDplay also utilizes TranSwitch’s patented AnyCable™ technology, enabling the user to confidently select long and inexpensive cables while maintaining HDMI 1.4 performance.

TranSwitch HDplay TXC-44151 Transceiver Key Features:

• One MHDP Rx input port
  • Single, multi-mode input port supporting HDMI 1.4b, DisplayPort 1.2, MyDP 1.0, and MHL 2.1
  • AnyCable technology to support long, inexpensive HDMI cables
  • Hardware-based HDCP v1.4 authentication
  • Embedded EDID RAM
  • Embedded CBUS controller
  • Audio Return Channel support
• One output port
  • HDMI 1.4b output with 3Gbps TMDS for higher resolution formats, including support for 3D and 4K x 2K
• Low-power consumption in operating and standby modes

Demonstration at COMPUTEX:

TranSwitch will be participating in the COMPUTEX TAIPEI 2013 event, June 4 - 8, in Taiwan. Visit SURE-FIRE's booth, Exhibition Hall 3 G0426, to view a demonstration of the HDplay TXC-44151 transceiver. To schedule a media briefing at COMPUTEX and learn more about the TranSwitch’s innovative connectivity solutions, please contact:

Brian Ribeiro
+1 908 369 9300
bribeiro@mspiregroup.com

About TranSwitch Corporation

TranSwitch Corporation (Nasdaq: TXCC) provides innovative integrated circuit (IC) and intellectual property (IP) solutions that deliver core functionality for video, voice, and data communications equipment for the customer premises and network infrastructure markets. For the customer-premises market, we offer multi-standard, high-speed interconnect solutions enabling the distribution and presentation of high-definition (HD) video and data content for consumer electronics applications. We also provide a family of best-in-class communications processors. For the network infrastructure market we provide integrated multi-core network processor System-on-a-Chip (SoC) solutions for Fixed, 3G and 4G Mobile, VoIP and Multimedia applications. TranSwitch’s customers are leading consumer electronics and telecom equipment companies around the globe. To learn more, please visit http://www.transwitch.com or follow us on Facebook or Twitter.

About SURE-FIRE Electrical Corporation

Founded in 1989, SURE-FIRE Electrical Corporation is a specialized cable assembly and connectivity developer. We focus on developing high-frequency digital signal transmission solutions for PC and A/V systems across a variety of markets. Our products are also designed and manufactured for major consumer electronics audio/video brands. Headquartered in Taipei, Taiwan, we have production, product development, and global support facilities located in DongGuan, China. To learn more, please visit http://www.sure-fire.com.tw.

Safe Harbor Statement

Forward-looking statements in this release, including statements regarding management's expectations for future financial results and the markets for TranSwitch's products, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements regarding TranSwitch, its operations and its financial results, involve risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements, including without limitation the risks associated with downturns in economic conditions generally and in the telecommunications and data communications markets and the semiconductor industry specifically; risks in product development and market acceptance of and demand for TranSwitch’s products and products developed by TranSwitch’s customers; risks associated with foreign sales and high customer concentration; risks associated with competition and competitive pricing pressures; risks in technology development and commercialization; risks of failing to attract and retain key managerial and technical personnel; risks relating to TranSwitch’s available cash; risks associated with acquiring new businesses; risks of dependence on third-party VLSI fabrication facilities; risks related to intellectual property rights and litigation; and other risks detailed in TranSwitch's filings with the Securities and Exchange Commission.

TranSwitch expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in expectations or any change in events, conditions or circumstances on which any such statement is based.

TranSwitch is a registered trademark of TranSwitch Corporation.