UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~June~~October 282, 2002
Date of Report (Date of earliest event reported)

Commission File Number 000-31529

ADVANCED SWITCHING COMMUNICATIONS, INC
.
(Exact name of Registrant as specified in its charter)

Delaware	54-1865834
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification Number)

8330 Boone Boulevard Vienna, Virginia 22182 (Address of principal executive offices) (Zip Code) ~~Registrant's telephone number, including area code: (703) 288-8535~~

Registrant's telephone number, including area code: (703) 288-8535

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Item 5.
Other Events.

On ~~June~~October 2816, 2002, Advanced Switching Communications, Inc. (the "Company") ~~sold~~announced ~~substantially~~that ~~all~~the ofUnited ~~its~~States ~~office~~District ~~and~~Court ~~furniture~~for ~~equipment as well as its component inventory in an auction. In addition, on July 3, 2002,~~ the ~~Company~~Eastern ~~completed~~District ~~a sale~~ of ~~substantially~~Virginia ~~all~~has ofdismissed, ~~its~~without ~~inventory and intellectual property to nsgdata.com Inc. ("NSG"). As part of the sale~~prejudice, ~~NSG committed to provide outstanding warranty work for~~ the ~~Company's~~consolidated ~~existing~~securities ~~customers.~~class Inaction ~~connection~~complaint ~~with~~naming ~~these transactions,~~ the Company ~~expects~~and tocertain ~~receive $500,000 in cash by the end~~ of ~~July~~its ~~2002,~~officers ~~expects to receive another $500,000 in cash on or before April 30, 2004,~~ and ~~may~~directors ~~receive~~as ~~up to approximately $3,600,000 in additional royalties based on the value of the Company's inventory shipped by NSG to NSG's customers through April 30, 2005~~defendants.

The ~~sale~~complaint, oforiginally ~~these~~filed ~~assets~~on ~~has~~February ~~been~~21, ~~conducted~~2002, ~~pursuant~~alleged tothat the Company's, ~~Plan~~certain of ~~Complete~~its ~~Liquidation~~officers and ~~Dissolution~~directors ~~that~~and ~~was~~its ~~approved~~lead byunderwriter violated certain provisions of the ~~Company's~~federal ~~stockholders~~securities onlaws. ~~April~~The 9,court ~~2002~~concluded that the plaintiffs failed to plead facts sufficient to support their claims.

The plaintiffs may file an amended complaint or appeal the order granting the motion to dismiss. The Company has no information as to whether an amended complaint will be filed or an appeal will be taken.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	ADVANCED SWITCHING COMMUNICATIONS, INC.
Dated: July 18, 2002	By: /s/ James D. Kuhn
	James D. Kuhn
	Controller and Assistant Secretary

ADVANCED SWITCHING COMMUNICATIONS, INC.

Dated: October 17, 2002

By: /s/ Kevin McClenahan
Kevin McClenahan
Secretary

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