Exhibit 99.1 Continuation SheetSecurities Purchase Agreement • October 25th, 2004 • Bettino Larry • Communications equipment, nec
Note (1): Pursuant to that certain Securities Purchase Agreement (the "Purchase Agreement"), dated as of July 27, 2004, by and among Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership ("WP VIII"), the other purchasers named therein and Proxim Corporation (the "Company"), on October 22, 2004, WP VIII surrendered for cancellation an aggregate of 2,600,000 shares of the Series A Convertible Preferred Stock (the "Series A Preferred Stock") of the Company, 425,186 shares of the Series B Convertible Preferred Stock (the "Series B Preferred Stock") of the Company and Warrants (the "Warrants") to purchase an aggregate of 31,435,165 shares (at issuance) of the Company's Class A Common Stock, par value $0.01 per share (the "Common Stock"), in exchange for 346,680 shares of the Series C Preferred Stock (the "Series C Preferred Stock") of the Company and 142,133,339 shares of Common Stock. The Series A Preferred Stock was convertible by WP VIII, at any time and from time to t
