Switchmode...hmmmm...maybe there's not enough load on the circuit to turn on the regulator in the PSU, which is sometimes needed for those things. I'd try a battery pack next, even a 9v battery with a 7805 will do for awhile.
P.S. - quick lesson in PSU's
Linear power supply - you put in 10v, you want to draw 5v @ 1 amp. The regulator dumps 5v @ 1 amp overboard as heat and saves the other 5v for your output. In this case, it's only 50% efficient.
Switchmode - you put in 10v, you want to draw 5v @ 1 amp. The 'switcher' basically turns a MOSFET on and off really fast (sometimes as high as a few Mhz) thru an inductor to keep an output cap charged up to 5v. Sometimes these types can hit about 98% efficiency, very little wasted heat. Drawbacks are that you have to draw a little bit to keep the regulator regulating and they introduce a little bit of noise on the output (a very little bit, usually not enough to mess with anything).
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