Proxim (NASDAQ:PROX)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Proxim Charts. Click Here for more Proxim Charts.](/p.php?pid=staticchart&s=N%5EPROX&p=8&t=15)
Proxim Provides Announcement Regarding Auditor Opinion
SUNNYVALE, Calif., March 18 /PRNewswire-FirstCall/ -- Proxim Corporation
(NASDAQ:PROX), a leader in wireless networking equipment for Wi-Fi and
broadband wireless networks, provided today an announcement that its financial
statements for the year ended December 31, 2004, issued on March 15, 2005 and
filed on March 16, 2005 with the Securities and Exchange Commission in the
Company's Annual Report on Form 10-K, contained a going concern qualification
from its independent registered public accounting firm. This announcement is
made in compliance with the new Nasdaq Rule 4350(b), which requires separate
disclosure of receipt of an audit opinion that contains a going concern
qualification, and does not reflect any change or amendment to the financial
statements issued on March 15, 2005.
The Company's financial statements issued March 11, 2004 for the year ended
December 31, 2003 also contained a going concern qualification. The basis for
the Company's most recent going concern qualification is set forth in the
Company's Annual Report on Form 10-K.
About Proxim
Proxim Corporation is a leader in wireless networking equipment for Wi-Fi and
broadband wireless networks. The company is providing its enterprise and
service provider customers with wireless solutions for the mobile enterprise,
security and surveillance, last mile access, voice and data backhaul, public
hot spots, and metropolitan area networks. This press release and more
information about Proxim can be found on the Web at http://www.proxim.com/.
DATASOURCE: Proxim Corporation
CONTACT: Michael Angel, Chief Financial Officer of Proxim Corporation,
+1-408-542-5200
Web site: http://www.proxim.com/