Larscom Incorporated Provides Update on Auditor's Opinion

Larscom Incorporated Provides Update on Auditor's Opinion 


NEWARK, Calif., March 29  /PRNewswire-FirstCall/ -- Larscom Incorporated , filed
its Annual Report on Form 10-K today for the year-ended 2003 in which its
independent auditors, PricewaterhouseCoopers LLP, included an explanatory
paragraph in its 2003 report on the Company's financial statements relating to
the uncertainty of the Company's ability to continue as a going concern.  This
announcement is in compliance with Nasdaq Rule 4350(b).

The Company believes, based upon its fiscal 2004 operating plan, that its cash
and cash equivalents and cash flow from operations will be sufficient to fund
its operations through 2004.

About Larscom

Larscom enables high-speed access by providing cost-effective, highly reliable
(carrier-class), and easy-to-use network access equipment.  In June 2003,
Larscom merged with VINA Technologies to create a worldwide leader in enterprise
WAN access for the delivery of high-speed data, and integrated voice and data
services with the deployment of more than 350,000 systems worldwide.  Larscom's
customers include major carriers, Internet service providers, Fortune 500
companies, small and medium enterprises, and government agencies worldwide. 
Larscom's headquarters are in Newark, California. Additional information can be
found at http://www.larscom.com/.

Safe Harbor Statement

Any forward-looking statements in this news release are based on our current
expectations and beliefs and are subject to known andunknown risks and
uncertainties that could cause the actual results to differ materially from
those suggested.  Factors that could cause actual results to differ materially
include (but are not limited to) risks associated with the issuance of a "going
concern" auditor's explanatory paragraph and its possible negative effect on our
customer base, employees and our ability to acquire additional financing, lower
than expected cash flows from operations, customer concentration that include
MCI (formerlyWorldCom) and Lucent Technologies, the ability to develop
successful new products, the ability to hire and maintain key executive
positions, dependence on recently introduced new products and products under
development, market acceptance of new products, the acquisition of other
businesses or technologies, dependence on component availability from key
suppliers, rapid technological change and fluctuations in quarterly operating
results, as well as additional risk factors as discussed in the "Risk Factors"
section of  our annual report on Form 10-K and quarterly reports on Form 10-Q
filed with the U.S. Securities and Exchange Commission.  These forward-looking
statements represent our judgment as of the date of this news release.  We
disclaim, however, any intent or obligation to update these forward-looking
statements. 

DATASOURCE: Larscom Incorporated



CONTACT:  Donald W. Morgan of Larscom Incorporated, [phone]



Web site:  http://www.larscom.com/ 

Copyright