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TheStreet Open House

TranSwitch Corporation Appoints Timothy T. Blanke Vice President – Worldwide Sales

Stocks in this article: TXCC

TranSwitch Corporation (NASDAQ: TXCC) a leading provider of semiconductor solutions for multimedia connectivity and processing, today announced the appointment of Mr. Timothy T. Blanke as Vice President – Worldwide Sales. He will serve as part of the executive management team and will report to Dr. M. Ali Khatibzadeh, President and Chief Executive Officer. Mr. Blanke will be responsible for TranSwitch’s worldwide sales strategy and execution including development of key accounts, sales channels and penetration of new markets.

“At this stage in our transition to a company focused on multimedia connectivity, we have passed beyond initial product development stage to a laser focus on customer penetration and production sales,” said Dr. Khatibzadeh. “Tim brings to TranSwitch a highly successful track record of delivering sales growth in the consumer electronics OEM marketplace. His expertise in building sales organizations and developing channels and partnerships, particularly in Asia, will help TranSwitch grow market share and build strong customer relationships. I am pleased to have him as part of the team.”

“I am thrilled to be joining TranSwitch at this pivotal moment of transition into high growth consumer electronics markets,” said Mr. Blanke. “TranSwitch has fantastic growth opportunities in video connectivity and I look forward to growing our customer base for the HDplay™, HDwire™ and HDmobile™ product lines and delivering on our revenue potential.”

Prior to joining TranSwitch, Mr. Blanke held various sales management positions at ANADIGICS, most recently as Director, Asia Pacific (APAC) Sales, where he led the APAC team in the growth of wireless and broadband RF semiconductor products. Mr. Blanke holds a B.A. in Economics from the University of Massachusetts and an M.B.A. from Rutgers, the State University of New Jersey with a concentration in Management and Business Strategy.

Ted Chung, who has been Vice President – Business Development & Worldwide Sales since October 2011, will continue in the role of Vice President – Business Development, focusing full time on the Company’s important strategic initiatives. “We owe Ted tremendous thanks for having set the stage for Tim and I look forward to continuing to work with him on the company’s strategic thrusts,” said Dr. Khatibzadeh.

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